Compensating employees by having access to group health and dental benefits and wealth plans, can provide peace of mind knowing that they are protected against unexpected medical expenses and can retire with a bright financial future. This not only promotes physical, mental and wealth health, but also contributes to overall employee satisfaction and retention.
Providing additional incentives like retirement savings plans with strong returns will give your employees more confidence in their loyalty to your company to remain until retirement.
Employers also benefit from offering these benefits as it helps attract top talent and maintain a productive workforce. By providing comprehensive coverage options, companies can demonstrate their commitment to employee well-being while enhancing their overall compensation package.
As inflation and the cost of living increase, businesses struggle to keep expenses down. In efforts to retain top talent without breaking the bank with higher salaries, employers balance employee compensation that is tax-efficient for both the employer and employee by implementing a well-designed health benefits and retirement package. Here are the advantages of having a competitive package:
Registered Retirement Savings Plans
Other Types of Retirement Investments
If other businesses in your industry offer an employee benefits plan while you don’t, they’re going to attract the best employees. Whether you realize it or not, they’re leaving your business behind. No matter how small or large your company is, we have a package that’s right for you. Talk to us today about getting started with group employee benefits.
If you already offer group benefits for your employees, but would like a comparison quote with other carriers, contact us today to get a free comparison quote.
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Toronto, Ontario M5R 1B9
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647-809-8885