What is an HSA account? An HSA (Private Health Services Plan) is a Canada Revenue Agency approved method to provide medical, dental and vision benefits in a tax efficient manner. A corporation can write off 100% of the costs related to its HSA. All expenses reimbursed are tax‐free to the...
Read PostTop 6 Tips To Manage Your Group Benefits Plan
Why Is It Important to Provide Group Benefits? Glassdoor did a survey which significantly (79%!) determined that employees prefer group benefits over a salary increase. The most valued insurance coverage, in this study, were comprehensive health benefits; health benefits include prescription...
Read Post5 Reasons to Add a Benefit Plan
5 Reasons to Add a Benefit Plan 1. Helps attract key employees. It's now a necessity for employers in today's work force to be competitive in the pursuit of talent. Employee Benefits Plans play a key role in attracting and retaining employees. 2. Keeps employees satisfied. Employee Benefits...
Read PostBenefits of Group Benefits
Benefits of Group Benefits Executive Summary There is no doubt about it: Group employee benefits can be a significant expense to a company’s Income Statement. On the flip side though, group benefits can be considered an investment in its long-term viability and security. In...
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