[contact-form-7 404 "Not Found"]

5 reasons to offer a benefits plan

If you don’t offer an employee benefits plan yet, there are sound business reasons for doing so, it can help you:

    1. Attract and retain employees in competitive markets. A well-designed group benefits package can help your business recruit top talent, reduce turnover costs, and boost employee satisfaction.

 

  • Protect your most important asset, your workforce. A benefits package doesn’t just protect you and your employees, it makes your workforce feel appreciated and cared-for – and that matters to a significant number of people.
  • Compensate your employees in a tax-efficient way. Without a plan, your employees pay for uninsured health expenses with after-tax income. Your plan can be designed to cover these expenses using before-tax income – leaving more money in your employees’ pockets, without incurring more payroll taxes. And premium payments are a deductible business expense.

 

  1. Maintain your productivity. When it’s easy for employees to get the help they need – whether it’s counselling, glasses or dental surgery – and when they don’t have to worry about their finances, they (and the people around them) can stay focused at work.
  2. Relieve stress around financial support. If the worst should happen, benefits allow you and your employees to support a co-worker and their family without worrying about how they are surviving financially.

If you’re new to benefits, it’s essential to use a good broker. In today’s competitive market, Sea to Sky can help you find the best available plan for your budget – we have a passion for helping new businesses get on the right track!

Wondering if a benefits plan will fit into your budget?

Once we know your needs, we can give you a proposal – with no obligation. Please call Sea to Sky at 778-378-5433 or send an email to [email protected]

Sea to Sky is mobile. We serve clients from Whistler to the Lower Mainland, in the BC Interior, and on Vancouver Island.