Employee benefit plans
It is essential to invest in benefit plans for your employees. It shows your dedication to their overall health and future!
Required by law vs. employer-sponsored
There are two types of benefit plans:
those required by law and those you can choose to offer.
Statutory benefits must be offered to all your employees.
They include paid time off and workers’ compensation benefits in case of injury.
On the other hand, the benefits you offer help attract, retain and motivate your staff.
They typically include:
- A supplemental health insurance plan
- Dental plan
- Life and disability insurance
- A pension or retirement savings plan
- A wellness program
- Paid time off (additional vacation days, personal leave)
As an employer, present these benefits to your employees as part of their total compensation package.
This way, they will understand the total value of working for your company.
Benefits are more cost-effective than you think
If your organization has a good benefits package, it can attract more potential employees and stand out.
A robust benefits plan is for your employees and the organization as a whole.
It helps reduce your teams’ healthcare expenses!
That’s right, employees with a better benefits plan take fewer sick days and will have fewer visits to health care specialists.
This leads to greater productivity and better job performance every day!
Benefits as customized as your company
Axxel HR has a team of specialists ready to help your organization provide a customized benefits package.
The first step is to ask yourself what you want the plan to accomplish.
Do you want your company to become more attractive and stand out from other employers in your industry? Do you want to attract and retain top talent? Reward your staff?
Once you’ve defined your goals, you need to find out what your team members want.
Young professionals, employees with family responsibilities and those nearing retirement have different needs.
Regardless of the makeup of your teams, it’s a good idea to ask them what benefits would be most beneficial to them.
Management adapted to your needs
Our processes are tailored to your business and team needs.
Axxel HR consultants give you the confidence that you are in good standing and understand your entire group insurance plan, including your pricing and options.
Our team of experts is familiar with all the systems available (SunLife Financial, Manulife, Canada Life, Great West, Desjardins, and others).
Count on us before and during the term of your contract. Peace of mind guaranteed!
Benefits Orientation Meeting
From the employee's first day, Axxel HR can provide a benefits orientation meeting outlining the comprehensive plan offered by the company.
In addition, if the process is done by internal HR, we can even help you prepare the materials and presentation!
In addition to the benefits orientation above, we suggest using this time also to incorporate a payroll orientation session.
Contact us to learn more about these services.
LATEST MEDIA POSTS
- November 29, 2023 Pay Equity: The Importance of Compensation Benchmarking
- November 27, 2023 Recruitment Services to Meet Your Unique Hiring Needs