November 13, 2015
Many employees know the value of taking part in their company-sponsored savings plan but unfortunately not enough. They know its a valuable tool to help them grow their retirement savings, however employees still aren't aking enough advantage of the tools available to them. Company-sponsored plans help to develop their retirement savings plans and prepare them for the day they are no longer working and need to draw on those savings. ...
October 28, 2015
According to the recent 2015 Sanofi Canada Health Care Survey:
57% of plan sponsors said the main purpose of their health benefits plans is to attract & retain employees
52% reported their plans purpose is to keep employees healthy & productive
83% of plan members consider the drug plan very important
Most employers recognize the importance of health benefits plans, and agree that they are an investment in the long-term health,...
October 20, 2015
Most short-term disability (STD) and long-term disability (LTD) benefits cease to provide coverage when the employee’s employment is terminated or ended for any reason. This exposes the employer to significant risk if the employee becomes ‘disabled’ during the notice period. In many cases, if the employee claims to have become disabled during the notice period, they can go back and sue their employer for loss of benefits...
October 09, 2015
Celebrate ‘Healthy Workplace Month’ this October – this is an annual celebration designed to increase awareness of a comprehensive approach to workplace health, help organizations create healthy workplaces and increase the number of healthy workplaces in the country.
The goals of Canada’s Healthy Workplace Month are to:
1. Increase awareness of the need for:
Workplace Culture & Mental Health...
September 25, 2015
Wellness programs should be looked at as a key element in the overall health management, engagement, productivity, and absenteeism prevention strategies within an organization. While wellness programs are becoming more prevalent amongst most workplaces, the composition and structure of the wellness programs and what it can do for companies continues to develop and change.
Here are some of the emerging trends:
September 21, 2015
The components of a successful workplace wellness program are fairly straightforward and can be implemented within any organization committed to reaching their objectives. Executive support is a must, and having a dedicated resource monitoring the program is definitely an asset. Maintaining ongoing momentum with the program, however, can be a challenge.
Benefits of Having a Wellness Committee
Employee satisfaction with the program content...