Group Benefits for Employees and Employers
Group benefits or employee benefits plans are an integral part of many Canadian companies' employment packages. A study* showed that benefits played a significant role in employees wanting to stay with their employers, and the more choice employees are given to shape their own benefits package, the more they value them.
What are group benefits?
Group benefits are insurance products and services provided by an employee to their employees. These might include life insurance, health, dental, disability and pharmaceutical benefits that promote good health and also protect employees against unexpected health-altering events.
Flexible group benefit packages
With a wide range of products and services on offer, employers can compile their own benefits package to best suit their employee's needs. Equally, the best packages offer optional add-ons for employees to customize their own package to suit their individual requirements.
Key features of group benefits for business owners
- Invest in the health of your most valuable asset - your people
- Attract new talent with comprehensive, flexible benefits
- Boost employee engagement with customisable benefits add-ons
Key features of group benefits for employees
- Comprehensive insurance cover that otherwise might be unaffordable
- Reassurance that your employer cares about your wellbeing
- Benefits if you fall ill or are unable to work
- Ability to customize your plan with extra benefits (optional)
How Jeff can help
At Ponting Financial Group, we offer local businesses expert advice on creating innovative, attractive and affordable employee group benefit schemes.
We can also advise you as an employee on ways to enhance and expand your existing group benefits plan to better suit your individual circumstances.
Help is just a phonecall away. Call us at 519-485-5801 to arrange an appointment to discuss your group benefits requirements.
