Benefits

It has been said — and sung — that what goes up, must come down. Just don’t mention this to the growing number Canadians who are finding it extremely difficult to save for retirement amid skyrocketing inflation and interest rates. In a new survey by BDO Canada, 71 percent of …

How Employers Can Help Employees Save for Retirement (and it’s FREE) Read More »

On November 25, 2022, the Government of Canada announced [1] a permanent extension of EI sickness benefits from 15 weeks to 26 weeks. The new duration will be paid to eligible ensured and self-employed workers who are unable to work because of illness, injury, or quarantine, and who establish a …

Government of Canada Extends EI Sickness Benefit from 15 to 26 Weeks Read More »

In what has been called a “take it or lose it” policy, a new paternity benefit comes into effect March 24, 2019 —allowing for five additional weeks of leave for 12-month parental leave situations, or eight weeks for the new 18-month leave option. There’s a condition: both parents have to …

Some eligible parents will get an additional five to eight weeks of parental leave — as long as both parents agree to split time off Read More »

Smaller organizations cannot always compete with top employers in the same industry. An advantage that smaller companies have is their ability to quickly and easily implement “perks” to their employees. Keep in mind that the perks you choose should be low/no-cost and non-taxable for the employee. [listdot] Feed your employees, …

Get Creative When Competing with Larger Employers for Top Talent Read More »

In the past decade, the employee benefits market has undergone some significant changes. These changes have been brought about by Clients and Brokers, Governments, Insurers, and Self Insurance, Each transfers an element of risk to benefit plan sponsors. Clients and Brokers When asked why they have benefits; clients usually state …

The Ins and Outs of Shopping For The Employee Benefits Plan Read More »