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Why Do Markham Businesses Need Group Benefits?

Markham is a dynamic business hub with a growing, diverse workforce. Offering group benefits is a powerful way to attract top talent and retain your valuable employees. Beyond healthcare, group benefits demonstrate that you care about your team’s well-being and future. They help improve employee satisfaction, increase productivity, and boost morale by providing financial security and peace of mind. In a competitive job market like Markham, providing a comprehensive benefits package sets your business apart and ensures a healthy, loyal workforce contributing to your company’s success and growth.

How It Works

How to Get Started with Group Benefits in Markham

Getting started with group benefits in Markham is simple. Our step-by-step process ensures your business gets a tailored solution that meets your needs while providing exceptional support for your team. Here’s how we can help you create a comprehensive group benefits plan:

Consultation

We begin by understanding your business’s unique needs and objectives. This step involves discussing your team size, budget, and desired outcomes, ensuring that the group benefits plan aligns with your company’s goals and values.

Custom Plan Design

Based on our consultation, we craft a personalized group benefits package tailored to your requirements. Whether it’s health coverage, retirement savings, or wellness programs, the plan is designed to provide maximum value and flexibility for your employees.

Implementation

Once the plan is finalized, we ensure a seamless setup process. Our team provides ongoing support to address any questions and ensure smooth operations for you and your employees.

Group Benefits We Offer in Markham

We specialize in providing customized group benefits plans designed to meet the unique needs of businesses in Markham. Here’s a look at the key options we offer:

Life Insurance

Ensure the financial security of your employees’ families with comprehensive life insurance plans. Tailored options accommodate various needs, providing peace of mind and safeguarding your team’s future in unforeseen circumstances.

Dependent Life Insurance

This benefit provides financial security for employees by offering a lump sum payment to beneficiaries in the event of a dependent’s untimely death, helping families manage unexpected financial burdens during difficult times.

Accidental Death and Dismemberment

This coverage provides financial security to beneficiaries in case of accidental death or dismemberment of the insured, offering peace of mind in unexpected, tragic circumstances.

Health & Dental Insurance

Our plans offer comprehensive coverage for medical, dental, and vision care for your employees and their families, ensuring they have access to essential healthcare services.

Travel Insurance

Travel Insurance through our group benefits ensures comprehensive coverage for emergencies while traveling, including medical expenses, trip cancellations, and lost luggage, providing peace of mind for you and your employees abroad.

Virtual Health Care

Our group benefits include access to virtual health care, allowing employees to consult with doctors online via platforms like Maple and Telus Health. This convenient service ensures timely medical advice without the need to visit a clinic.

Disability Insurance

Our disability insurance plans in Markham are designed to provide financial stability and peace of mind, ensuring continuous income for employees during periods of short or long-term disability.

Critical Illness Insurance

When your employees are most in need of financial stability and peace of mind, protect them with critical illness insurance, which provides a lump-sum payment to help with expenditures during a critical illness.

Employee Assistance Program (EAP)

EAP provides confidential, short-term counseling for employees facing personal challenges that impact their work performance, helping them resolve issues and maintain professional productivity.

Health Care Spending Account

Tailor health benefits to fit individual employee needs with a flexible Health Care Spending Account. This account allows employees to allocate funds towards a wide range of medical expenses, enhancing their health coverage options.

Wellness Programs

We offer wellness initiatives that promote mental and physical health, from fitness programs to stress management workshops, helping your team stay healthy and productive.

Retirement Savings Plans

Help your team secure their financial future with RRSP matching. This provides employees with a valuable tool to save for retirement while benefiting from tax advantages.

These combo benefits give your employees a well-rounded package, enhancing job satisfaction and supporting their well-being.

FAQs

What are the tax benefits of offering group benefits in Markham?

Employer contributions to group benefits are tax-deductible, reducing your taxable income. Employees typically don’t pay taxes on most benefits, such as health and dental coverage, making it a cost-effective option for both businesses and employees.

Can small businesses in Markham afford group benefits?

Yes, small businesses can afford group benefits. Flexible and scalable plans are available, allowing businesses to choose options that fit their budget while still offering valuable benefits to employees.

What’s included in a typical group benefits package?

A typical package includes health, dental, life and disability insurance, retirement savings plans (such as RRSP matching), and wellness programs, all designed to support employee well-being.

How do group benefits help with employee retention in Markham?

Group benefits increase employee satisfaction and loyalty by offering valuable health and financial security. In competitive markets like Markham, strong benefits packages help retain top talent and reduce turnover.

Can I adjust the benefits plan as my business grows?

Yes, group benefits plans are flexible and can be adjusted as your business grows. You can modify coverage, add new benefits, or scale the plan to meet your evolving needs.

Strengthen Your Business with Group Benefits in Markham

Show your employees you care by offering them the security and support they deserve. Contact us today to create a group benefits plan tailored to your Markham business.

CONTACT US

Let’s Talk

Contact Info

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