Hidden Liabilities in Administering Canadian Employee Benefit Plans (Part 2)

Posted by Corinne Prevost on May 21, 2019 2:24:51 PM

This is part 2 of our series on Hidden Liabilities for employers. You can find part 1 here.

While part one discussed liabilities associated with day to day administration of Canadian benefit plans, part two outlines structural pitfall decisions related to plan structure. These decisions are often made when a plan is first established and may not have been reviewed or updated recently. Best practices suggest that the following items be considered annually.   

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Hidden Liabilities in Administering Canadian Employee Benefit Plans

Posted by Trish Chilton on May 14, 2019 3:54:17 PM

Congratulations! You’ve implemented an employee benefit plan to attract and retain staff. You’ve designated someone in your office as the plan administrator and you feel confident that the administration of that plan is easy, and you are good to go.

Or are you? Even in the most straightforward scenarios, there are hidden liabilities which can cost a firm money and its reputation.

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Injured Employees? A Holistic Approach Leads to Faster Recovery

Posted by Guest Blogger: Optimal Performance Clinic on May 7, 2019 11:00:00 AM

 

This blog is written by our friends at Optimal Performance Clinic, a multidisciplinary clinic located in Downtown Vancouver.

You work hard to prevent workplace accidents but what happens when an employee gets injured away from the job? It makes good business sense to support an injured team member to return safely to work as quickly as possible.

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5 Ways To Reduce Employee Commuter Stress and Boost Productivity

Posted by Guest Blog: Fringe Benefits on Apr 23, 2019 11:50:19 AM

This blog is written by our friends at Fringe Benefit Analysts, an employee benefits firm based in Layton, Utah.

Are you familiar with that weary feeling of a long commute?

You’ve been on the road since 6:30 a.m. You’ve already listened to two episodes of CANADALAND; the paper cup sitting in the centre console now outweighs the liquid inside—and you’re still 15 minutes from the office.

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Employee Benefits in Canada: Taxable vs. Non Taxable

Posted by Trish Chilton on Apr 16, 2019 11:13:10 AM

As an employer, you know that you need to offer a great benefits package to attract and retain great employees. But do you understand the difference between taxable and non-taxable benefits?

The rules around taxable benefits in Canada are constantly changing, and staying up-to-date is no easy task. If you’re not aware of the most recent guidelines, it can cost your company dearly.

In this article, we’ll take a look at what is and isn’t taxable, so that you can rest easy knowing your money is well-spent.

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Get The Most Out Of Your Benefits Plan By Understanding Reasonable & Customary Limits

Posted by Jaime Laprise on Apr 9, 2019 11:50:41 AM

You know that you and your employees are all savvy shoppers but when it comes to using your benefit plans, this consumer mentality doesn’t always hold true. 

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The Best Workplace Benefits to Make Employees Feel Valued

Posted by Corinne Prevost on Apr 2, 2019 11:17:00 AM

Do your employees know how much you value them?

If you want to retain an engaged, hardworking team, learning how to make employees feel valued is an absolute must. Not only do staff who feel appreciated work harder and take more ownership of their work, they are also more loyal and tend to stay with their company for longer.

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Help Your Employees Prevent Colds and Flu this Spring

Posted by Guest Blogger: Stella Seto on Mar 26, 2019 1:12:34 PM

With the arrival of warmer weather, the last thing we want to do is be stuck with a cold. While colds peak during the fall, spring ushers in a second peak season for common colds. Experts cite several factors at play for this second seasonal spike.

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What Are Some Alternative Ways to Tackle Seasonal Allergies?

Posted by Corinne Prevost on Mar 19, 2019 11:29:00 AM

Bright skies, warm weather, blooming flowers. For many of us, spring is a great time of year. But for those who suffer from hay fever, it signals that some uncomfortable symptoms—a runny nose, sneezing, and itchy eyes—are about to arrive.

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Want to Improve Productivity? Help Employees Sleep Better

Posted by Shelley Lai on Mar 12, 2019 10:00:00 AM

Sleep is often underrated. But whether you realize it or not, Canada is experiencing a sleep epidemic.

In fact, we are the third most sleep deprived nation in the world, on par with the US (source).

And lack of sleep strongly correlates with low productivity. If your employees are sleep deprived, your business can take a hit—as much as $3,156 per employee annually (source).

While you can't revamp employees' home lives, you can lead them toward healthy habits. In this blog, we’ll discuss strategies to help your employees get enough z's—so they can show up to work bright-eyed and fully engaged.

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