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 Plans...
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 addition to...
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