On the Rise: Trending Benefits of 2023
By Michele MactaggartEmployee benefits have gained attention over the past few years, and rightfully so. Today’s growing Millennial and Gen Z workforce understands the importance of basic healthcare, and the advantages of working for an employer that offers other types of benefits that support their lives outside work. As we navigate an age of high turnover and […]
GRSPs: Benefiting Everyone’s Future
By Michele MactaggartIf you’re anything like me, you occasionally dream about what you’ll be doing after retirement. Floating on a yacht around the Spanish coast? Travelling the globe now that your kids have left the nest? It’s easy to dream big, but with the cost of living at an all time high, many feel the yacht may […]
Financial Education: Small Benefit with Big Impacts
By Michele MactaggartDo you notice your shoulders tensing, your palms sweating, or your heart racing when thinking about your finances? Is there anything that occupies your mind so much of the time, you’d label it constant? Over 65% of Canadians report being stressed about money constantly. It’s not just you; that financial stress could be costing your business […]
Preparing for Fallout: Disability, Critical Illness, and Life Insurance
By Michele MactaggartEven if you’re not an avid air traveler (thanks, COVID), you likely know what they say when it comes to how to act in an emergency: always put your own mask on first. You’re better off putting your own mask on first so you’re best able to focus on helping others who may need your […]
Three employee benefits trends to watch this year
By Michele MactaggartOnce again, a new year arrived with us all still living in a global pandemic. Cue the “rinse and repeat” jokes and “welcome to 2020 (part 3)” memes. As I help my kids grapple with online learning (again), the year so far does indeed feel like more of the same. However, how employees access their […]
Protecting your Assets: Addressing Workplace Mental Health in 2022
By Michele MactaggartWith most of us considering the mind the greatest asset in business, it’s only natural that we’re nurturing it in every capacity. Workplace mental health has become more than just words on a page in an employee manual – it’s become a fundamental pillar in an organization’s presence – and ultimately, its sustainable success. Collectively, […]
Recruiting Millennials Means Putting Values in the Front Seat
By Michele MactaggartWhat if I told you that according to Statistics Canada, millennials make up 50% of Canada’s workforce? As baby-boomers (those born between 1946 and 1964) retire, organizations that aren’t prepared to understand millennial needs will have a hard time hiring and keeping them. Period. And, given the current Great Resignation, you’re probably in the market […]
Supporting Employees’ Financial Wellbeing is Key to Productivity and Innovation
By Michele MactaggartWhether we are feeling anxiety about paying the rent, having savings to cover emergencies, or worrying about retirement, financial stress is a major contributor to our overall wellbeing. If money worries keep employees up at night, how productive are they during the day? According to a study conducted by the Canadian Payroll Association, almost half […]
Employee Assistance Programs are More Essential than Ever
By Michele MactaggartSpringtime triggers extended health benefit plan renewals for many of our clients. It is always a busy but favourite time of year for us at Bensol – an opportunity to meet with our customers to catch up and explore how their benefit needs may have changed as we look to the year ahead. Sadly, this […]
Know the Value of Employee Benefits Plans
By Michele MactaggartYou’re considering investing significant time and money into setting up an employee benefits plan. It may be money earmarked for something else, but you want to show your support for staff and their families without increasing hourly wages or salaries. According to Tom Milne, a Benefits Canada expert, “Employee benefits plans are often one of […]
