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The Role of Group Benefits in a Competitive Workplace

In today’s job market, compensation goes beyond salary; it’s about security, health, and peace of mind. Group benefits allow employers to offer comprehensive protection that supports employees and their families while improving retention and morale.

Here’s why employers invest in group benefits:

  • Become competitive: Be part of the high-energy business environment in Scarborough and compete effectively through meaningful employee benefits.
  • Foster loyalty: An attractive benefits program will send the message that you value your employees, and this will reduce turnover.
  • Improve wellness: With health and dental cover, employees take fewer sick leaves and feel more valued.
  • Protect your team affordably: Group benefits provide broad protection at lower costs than individual plans.
  • Simplify administration: One plan, one premium, and ongoing expert support for easy management.

Edward Fayer helps local businesses find the right balance between coverage and cost- building group benefits plans that truly make a difference.

How It Works

Getting Started with Group Benefits in Scarborough

Designing a group benefits plan with Edward Fayer is a clear, personalized process built around your business and your people. Our goal is to make every step easy and transparent so you can focus on what matters most: running your company.

Schedule a Consultation

We start with a no-obligation consultation to understand your organization, your employees, and your goals. This discovery phase helps us identify the coverage options that make sense for your business, whether you’re just starting or growing fast.

Design a Customized Plan

We compare leading insurer options and design a group benefits plan tailored to your team. Each plan balances budget and protection, incorporating key coverages like life insurance, disability insurance, and critical illness insurance to ensure comprehensive support.

Act and Educate on the Plan

After you get approval for your plan, we assist you in implementing it smoothly. We also offer educational resources and onboarding services so that your employees get to know everything about their benefits and know how to utilize them.

Continuous Support and Review of the Plan

Our work doesn’t stop after setup. We offer ongoing support, handle plan updates, and conduct annual reviews to ensure your coverage continues to meet your business needs and workforce changes.

Partner with Edward Fayer for trusted, local expertise in group benefits in Markham, along with peace of mind that your team is protected today and tomorrow.

Comprehensive Benefits Designed Around Your Team

Every business has its own culture, goals, and people. That’s why Edward Fayer helps you acquire custom-built group benefits packages designed to meet your organization’s unique needs; no off-the-shelf plans, no unnecessary extras.

Our solutions include:

Life Insurance

Ensures financial stability for employees’ families during unexpected loss

Dependent Life Insurance

Covers extended to protect family members

Accidental Death and Dismemberment

The additional coverage is in case of a severe injury or an accident

Health & Dental Insurance

Covers prescription, dental, and vision care

Travel Insurance

Covers workers during business or personal travel anywhere in the world

Virtual Health Care

Real-time, online access to healthcare professionals

Disability Insurance

Covers loss of revenue due to long-term sickness or injury

Critical Illness Insurance

It provides a lump sum of money to cover the medical or recovery expenses

Employee Assistance Program (EAP)

Confidential aid on mental health, counselling and work-life matters

Health Care Spending Account (HCSA)

Flexibility to spend on individual medical bills

Wellness Programs

Encourage fitness, less stress and healthier lifestyles

Retirement Savings plans

Promote financial security and long-term commitment

Having access to the best insurers in Canada, we offer solutions at a scale that expands with your enterprise, covering your team and your future.

FAQs About Group Benefits in Scarborough

Can small businesses in Scarborough offer group benefits?

Yes. Small businesses can also offer affordable team-based group coverage that covers as few as two workers.

What is the appropriate plan to select?

We consider your team size, objectives and budget to develop a balanced plan that has significant coverage and value in the long term.

What types of coverage are most common?

The coverage most employers begin with is health, dental, life, and disability and add additional wellness or retirement benefits as they expand.

Is employee participation required?

Typically, yes. Most insurers require a minimum percentage of employee enrollment for cost-sharing and rate stability.

How quickly can coverage begin?

Once details are finalized, most plans are activated within 2–4 weeks.

CONTACT US

Let’s Talk

Contact Info

125 COMMERCE VALLEY DR. W
Suite 802, Markham, Ontario
L3T 7W4
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