5 Reasons to Offer Employee Benefits
By Victoria Miron VranićHave you been thinking about purchasing group benefits for your business but struggle with justifying the budget spend? Let me share with you a few things that a competitive group benefits plan can do for you! 1.Attract & Retain Valuable Staff You’ve probably experienced the frustration of losing talented staff to companies that offer better employee benefits. […]
Spring Into Better Health
By Victoria Miron VranićFinally, the nice weather has arrived and we can pack away our winter wardrobe! As we shed bulky sweaters and coats we slip into our sandals and colourful spring/summer attire. With that comes the ease of kicking the extra winter weight gain to the curb! By ease, I don’t mean it’s easy to lose but […]
Federal Taxation of Group Benefits Premiums
By Victoria Miron VranićIf you provide group benefits to your employees, here’s a question you should be asking: Are employer-paid premiums considered a taxable benefit to the employee? If you pay for or give an employee a benefit or service above and beyond their salary, Canada Revenue Agency (CRA) will generally require you to include the value of that benefit […]
Are You Paying Too Much for Brand-Name Drugs?
By Victoria Miron VranićPrescription medication can put a lot of pressure on your employee benefits budget. That’s because researching, developing and launching a new prescription drug is an expensive undertaking. But once that new drug has been developed, copying it for sale as a generic drug is a relatively straightforward procedure. New drugs are patent-protected. To ensure continued investment by […]
