Tag: Small Business


Boosting Morale – Finding Benefits That Matter to Keep Staff Productive

16

Mar 2020

Boosting Morale – Finding Benefits That Matter to Keep Staff Productive

The workplace is undergoing major changes right now. Staff, especially in smaller businesses, may be feeling insecure. When toilet paper becomes the hottest commodity in the marketplace, you know something’s just not right. Staying a metre away from colleagues and customers, working from home, self-isolation, and staycations pretty much sums up life in Ontario now, and for the foreseeable future. It’s easy to see how...

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Stability in Business: More Than Dollars, It’s Sense

13

Feb 2020

Stability in Business: More Than Dollars, It’s Sense

When talking about stability as it relates to business finance, the Cambridge Dictionary defines it as “a situation in which prices or rates do not change much.” From raw materials to employee benefit rates, managing and controlling expenses is important to maintain financial stability and viability, especially to small business owners. But there is another meaningful stability owners may overlook, one that can affect the...

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What Health Insurance Benefits Do Your Employees Actually Want?

08

Oct 2018

What Health Insurance Benefits Do Your Employees Actually Want?

It is never easy to know exactly what insurance benefits your employees want and whether they are happy with their current benefits or not. Not listening to your employees can be risky, as they might be inclined to accept a job offer from one of your competitors who offers better benefits. In our latest blog post, we discuss what you can do to prevent that...

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How to Communicate Changes to Your Employee Benefit Plan

20

Aug 2018

How to Communicate Changes to Your Employee Benefit Plan

Many employees are motivated by the benefits offered by their employer. And, therefore, tend to work harder in return. But what if a few changes need to be made? This is how to communicate the changes without contributing to a negative environment in the workplace: Often, the rumour of changes in an employee benefit plan can create negativity. This may cause panic and a disrupted...

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Our Top Takeaways for Small Business from the 2018 Sanofi Canada Survey

22

Jun 2018

Our Top Takeaways for Small Business from the 2018 Sanofi Canada Survey

Once per year, us benefit consultants are excited to receive the news from the Sanofi Canada Benefits Survey! We love it because it gives us the crucial information we need to make better informed decisions for our clients. Now understandably, a small business owner like you might not have the time to go through the 36-page report, so instead, we’ve distilled some of the critical...

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What Canada’s Proposed National Drug Plan Would Mean for Small Business

15

Mar 2018

What Canada’s Proposed National Drug Plan Would Mean for Small Business

You may have heard news of the new 2018 Federal Budget which has implemented some changes for small businesses. The federal government has put heavy emphasis on creating a new plan that will lower some taxes for small businesses as well as encourage more equitable treatment for women, both as employees and business owners. From a small business benefits perspective, we were interested to see...

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Benefits Are the Best Way to Attract New Employees, But What Comes Next?

01

Mar 2018

Benefits Are the Best Way to Attract New Employees, But What Comes Next?

We all love those little extras in life. An amazing salary and benefits is great, but these days, it’s not enough to attract the most talented future employees. Compensation is always the top consideration of employees when looking for a new job. A 2011 Sanofi Survey found over half of employees would keep benefits over a $10,000 pay raise. But let’s say you already offer...

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How to Make Employees Fall in Love With Their Work

14

Feb 2018

How to Make Employees Fall in Love With Their Work

Okay, right off the top, just like regular relationships, you can’t force your employees to fall in love with you. That’s a one-way ticket to a painful break up. However, building a strong working relationship isn’t all that different from building a romantic one… with some very obvious exceptions. Here’s some steps you can take to build stronger relationships with your employees so they can...

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5 Ways To Cut Employee Costs Without Cutting Benefits

08

Feb 2018

5 Ways To Cut Employee Costs Without Cutting Benefits

With the minimum wage increase last month, some businesses were getting a lot of flack for cutting certain benefits from their payroll. Pay increases may end up costing small businesses more money than increasing benefits. However, it’s important not to get to hasty with benefit cuts as negative push back from employees and stakeholders could end up costing you morale and productivity. So before you...

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What Are the 5 Scariest Small Business Benefits to Go Without?

27

Oct 2017

What Are the 5 Scariest Small Business Benefits to Go Without?

The scariest time of the year is nearly upon us. So the question is: what do small business insurance consultants like us fear most? Our biggest fear is Small businesses not ensuring their workplace is a great place to work that attracts the best talent! So this Halloween, our treat is letting you know which office perks your business shouldn’t go without. That way, you...

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