Chances are, you hire people who fall into the “contractor” category. Since they're not actual employees, they probably don't receive your full benefits package. 

So what would happen if they got sick or injured? Would they have any financial protection?

Today, we want to discuss why you should offer benefits to contractors—and highlight the types of benefits to consider.

2018 saw the introduction of big changes to the taxation of small business income. As a business owner, you may be looking for alternative retirement savings solutions, now that income splitting and investment income is limited.

One such option is the Individual Pension Plan (IPP). In this blog, we’ll discuss how an IPP works, and how it can help you grow your retirement income more quickly.

Starting in January 2019, the Canada Pension Plan (CPP) will kick off a 7-year enhancement process, bringing major changes for employers and employees alike. Today, CPP benefits replace about 25% of employees’ pre-retirement income up to an annual maximum. But under the revised plan, they’ll replace closer to 33%.

What does this mean for you as an employer? In this blog, we’ll outline the key changes that lie ahead and what you can do to prepare for them.

Today, we’re going to talk about marijuana coverage and benefits plans.

Because of recent legislation changes around marijuana legalization, this is a hot topic for many employers. In this article, we’ll focus on medical marijuana, and look at how it fits into your employee benefits landscape.

Retirement. It’s a big word that’s on a lot of people’s minds these days.

Simply put, Canadians want to know they’ll have enough money to retire comfortably. And as an employer, you’re in a great position to help guide them in the right direction.

But what if employees need guidance on a retirement benefits issue, and you don’t know the answer? Not to worry!

That’s exactly why we put together this article. Here, we answer the most common questions our clients ask us around retirement benefits for employees. Let’s take a look.

As globalization increases, more and more Canadian companies are sending workers around the world. But here’s the challenge:

Employee benefits in a global setting are increasingly complex. If you don’t fully understand these complexities, your business and workers may become vulnerable to serious health and financial issues.

First, your global benefits programs need to make sense for the location and culture your employees are in. Also, Canadian companies must prepare for the challenges associated with every country where their workers travel, work, and live. If not, you may end up facing lawsuits and criminal charges.

In today’s tight labour market, finding and keeping employees is a challenge, but the demands of attracting and retaining executives for C-Suite positions is even greater.

And let’s face it, the key to your company’s prosperity largely lies with the quality of the senior leadership. So, what elements should be considered and included in a successful executive compensation plan?

Everyone knows that we can prevent cardiovascular disease by eating well, quitting smoking, and exercising regularly. But another major factor in heart health is often overlooked: the quality of our social relationships.

As an employer, you are probably aware that employees are experiencing higher and higher levels of stress. Unfortunately, this is affecting employees’ ability to be present and productive in the workplace.  

And what is one of the main causes of stress? Money woes.

This is the first of a two-part series that discusses challenges and solutions around addressing gaps in health care services.

Canada’s publicly funded healthcare system offers many benefits, especially when compared to the coverage that our American neighbours have. Unfortunately, this comparison has lead Canadians to overlook the flaws in our own plans.