Keyword: Benefits plan design

262 results found
46% of employees would move for job with better pay, perks: survey

Employers looking to recruit talent from other cities and provinces should consider boosting their relocation benefits and services, according to a new survey by staffing firm Robert Half Canada Inc. The survey found almost half (46 per cent) of employees said they’d consider moving if they had better pay and perks. Despite this, more than a third (37 per cent) […]

  • By: Staff
  • January 16, 2019 September 13, 2019
  • 15:30
Conference Coverage: 2018 Face to Face Drug Plan Management Forum

On Dec. 5, the 2018 Face to Face Drug Plan Management Forum in Toronto highlighted the leading issues for plan sponsors to consider in the year ahead, including medical cannabis, pharmacogenetics and drug plan sustainability. Here are some of the highlights of the sessions: A look at the benefits of patient support programs for plan […]

Opportunities around drug coverage for traditional ‘lifestyle’ issues

Although certain drug categories have always been considered optional in benefits plans, this may be an opportune time to look at modernizing coverage in a number of areas, according to Suzanne Nagy, national drug consulting leader at Mercer Canada. Speaking at Benefits Canada‘s 2018 Face to Face Drug Plan Management Forum in Toronto on Dec. 5, Nagy said […]

Germany, Bahrain and U.K. ranked best countries for expat workers: survey

Canada is the 10th best country for expatriate employees, with Germany, Bahrain and the U.K. taking the top three spots, according to a new survey by HSBC Bank. Expats are coming to work in Canada from Europe, South and Central Asia and elsewhere in North America, but they’re most commonly from India, the U.K. and the U.S. Workers are attracted […]

  • By: Staff
  • January 9, 2019 September 13, 2019
  • 10:04
63% factor wellness offerings into job decision: survey

While 63 per cent of employees consider health and wellness benefits when choosing a job, 29 per cent of employers still don’t offer these benefits, according to a new survey by OfficeTeam Inc. The survey found 30 per cent of employees value ergonomic evaluations and equipment from their employer, followed by access to fitness facilities or programs (25 […]

  • By: Staff
  • January 7, 2019 September 13, 2019
  • 10:27
A primer on the group benefits renewal process

While the group benefits renewal process may seem like simply a box to tick each year, it’s important to approach the process holistically. “There are many factors that go into a renewal, the biggest of which are claims experience, insurer trend and utilization, as well as claims reserve, admin expenses, demographics and credibility,” says Adrianna […]

  • By: Ryan Murphy
  • December 21, 2018 September 13, 2019
  • 08:56
Employers continue to adopt non-traditional perks: study

More employers are adding unique perks to their traditional benefits packages to meet the changing demands of their workforces, according to a new study by human resources association WorldatWork and management consulting firm Korn Ferry. The study, which surveyed more than 1,000 U.S. employers, found more organizations are offering unique benefits such as employee discounts, eldercare resource and referral services, telemedicine […]

  • By: Staff
  • November 30, 2018 September 13, 2019
  • 15:15
Leveraging pharmacy services to improve care, drive value

As pharmacists’ scope of practice continues to evolve to meet changing health-care needs, plan sponsors need to leverage these services to improve care and drive value, according to one expert. “I truly think pharmacy services have great value. But there is a huge misunderstanding or even lack of awareness of what pharmacists can provide and […]

Using data analytics, AI technology to curb benefits fraud

The numbers in the Toronto Transit Commission’s benefits fraud investigation are staggering — 725 total cases, 220 dismissals, 120 arbitrations, 10 employees charged and more than $3 million in exposure. “All this stuff is still ongoing. The insurance company hasn’t cut us a cheque yet,” Mark Russell, staff sergeant, investigative services at the TTC, told attendees at […]

A look at the drivers for curbing rising dental costs

Dental benefits accounted for $7.9 billion of the $32.5 billion spent on extended health services by group or individual insurance plans in 2016, according to the Canadian Life and Health Insurance Association’s most recent data. And dental spend is rising significantly, from $4.1 billion in 2006 and $2.3 billion in 1996. But these figures tend […]