Cost plus can seem confusing at first glance. IN this article, we walk through how it can help your business lower your tax burden while still giving your employees top-level care.

For employers trying to attract talent in this competitive job market, it’s critical to stay up to date on benefits trends. Dialling in your company’s benefits package helps attract and retain employees in a cost-effective manner – often adding desire to your offer without requiring a larger monetary investment.

Walking down the street today, help wanted signs seem to be everywhere. Of course, if you own your own business, or work in a small business, you know what it’s like to have that sign hang in your window for one, two, even three months or more. While many blame the Canadian Emergency Response Benefit (CERB) for the shortage, a September 2021 study by the Business Development Bank of Canada (BDC) suggests otherwise.

As people have spent more time remotely working from home, their desires regarding their workplace have shifted. While the pandemic hasn’t changed worker’s expectations of wages, their expectations for work and benefits are quickly diverging from tradition.

False value is everywhere – including in some benefits plans. However, instead of displaying loud signage, benefits providers will offer impossibly low prices to get you in the door. And it seems so promising, right up until that introductory offer ends and the prices spike back up, making you feel like you’ve landed with a less-than-ideal benefits plan.

Employee benefits plans are a great way to attract and retain talent. But, they are affected by trends that change their value to employees. And a benefits program without value, won’t bring in that top talent.