September 17, 2014
What does the future hold for benefits sponsors and their employees? Over the next five to ten years, you can expect to see numerous changes in the benefits landscape - talent shortages, extended life expectancies, increased costs, technology innovations and preferences, generational differences and government cost-shifting will drive change. Employers need to be proactive and creative while responding to consumer demands.
August 28, 2014
Benefits including extended health and dental coverage are important in attracting and retaining employees, and extending those benefits into retirement can be a major draw for talented individuals. Yet a survey of 225 Canadian employers found that 44% do not offer retiree benefits, and an additional 10% have closed their programs to retirees going forward.
The primary reasons for not offering benefits to retirees were high program...
August 20, 2014
Mergers and acquisitions can make a company stronger for several reasons, including growth, access to markets, and additional skilled workforce to name a few. When considering an M&A however, it is also important to take into account employee group benefits (i.e., coverage for loss of life, income replacement and reimbursement of health and dental expenses).
While financial obligations of group benefits plans can appear...
August 19, 2014
Employee apathy is one of the largest problems faced by group retirement plans, and providing educations sessions and investment seminars don't appear to be improving participation. Why are employees so disengaged? Most are focused on the money in their bank accounts today, and not the money being saved for future retirement. This changes somewhat once the employee has a family, but even mature employees are focused more on...
July 31, 2014
Dear Valued Clients,
Technical issues put our "Get a Quote" system offline for the past week. In order to make sure we’re properly connecting with you and responding in the timely and efficient manner all of us at HUB International are committed to, we’ve remedied the problem.
If you had submitted a request for quote and haven’t heard a response from us, please re-submit your request.
We of course apologize for any...
June 12, 2014
We all know a healthy workforce is more productive, but what makes for a healthy workforce is up for debate. What employees expect from their health benefits versus what benefits are offered by employers are not always the same. Furthermore, different generations have different expectations about what their benefits should provide.
The 2014 edition of The Sanofi Canada Healthcare Survey, which polled 1,502 health benefit plan members...