The group insurance forecast for 2026 has a clear theme emerging: fiscal responsibility and cost containment strategies is at odds with fulsome, inclusive coverage and employee wellbeing. We did the research, and asked for some insights so we could … [Read more...]
Employee financial health is an integral part of work-life balance. In fact, financial health is one of the four pillars of health, and when one is suffering, the other three pillars are affected. For example, financial anxiety leads to stress, which … [Read more...]
How can your company get the most out of their investments into employee health and wellbeing, including your Employee Assistance Program (EAP)? Increasing EAP usage provides a host of benefits for both employees and employers alike. Such as … [Read more...]
As the planned Canadian Dental Care program has been unveiled, there has been a lot of discussions the past year surrounding the effects it might have on group dental benefits. Will employers update their plans? Should they? Will there be a decrease … [Read more...]
This is a guest blog post by Trevor Coulombe, a seasoned freelance writer dedicated to bridging the knowledge gap for business operators and individual creators. In a realm where achieving financial balance can be a struggle, the astute use of … [Read more...]
The federal government has updated its table of Federal employment insurance (EI) premium rates and maximums. Effective January 1, 2024, EI maximum insurable earnings will increase from $61,500 to $63,200. As a result, the maximum EI benefit will … [Read more...]
Nearly two-thirds (61 per cent) of Canadian employees say they volunteered their time or finances in the last two years, reporting an above-average mental-health score (65.6, compared to the national average of 64.6), according to Telus Health’s … [Read more...]
A new benefit year comes with the start of a new calendar year, providing a fantastic opportunity to review your existing benefits plan (or start one up with us!). Fortunately, we’ve developed a four-point checklist for you to do just that! #1. … [Read more...]
Employee benefits keep working Canadians happy, healthy, and financially secure, but they’re also used as an attraction and retention tool. Employees want benefits coverage, and a comprehensive plan is one of the many ways employers can … [Read more...]
Group Insurance can be a complex realm and there’s a lot of misconceptions out there! We’re on a mission to set the record straight, so bear with us as we debunk the 8 most common group insurance myths. Myth #1: “I can’t get insurance with a … [Read more...]
Improvements in technology and digital services over the last few decades have completely changed the world as we know it. You don’t rent movies at Blockbuster anymore (sorry Blockbuster) — you stream virtually endless content on Netflix. Now the … [Read more...]
Everyone’s favourite time of year is just around the corner: tax time. Benefits and taxation are complicated — and we’re covering both! — so bear with us as we explain the connections. This article focuses on the tax implications and … [Read more...]
Over the last few years, a troubling industry trend has become clear: more Canadians are going on disability. Alongside this comes necessary updates to Insurer’s calculations and rates to keep pace with the rising claims, leading to rising … [Read more...]
The mental health crisis in Canada affects more than 6.7 million Canadians — and by extension, their employers — paving the way for unhappy and unengaged Canadians. Poor employee mental health reduces innovation and productivity, creates … [Read more...]
The majority of Canadian businesses are considered small- to medium-sized. In fact, 55% of Canadian companies have fewer than four employees, with 90% of exporting companies having fewer than 100 employees. It’s no secret that the … [Read more...]