Category Archives: Custom Plan Design
What Finance Needs to Know About Employee Benefits
In the Fall 2014 edition of Canadian Treasurer Magazine, The Benefits Trust’s Robert Crowder (President) and Karen Taylor Smith (Senior Manager, Group Benefits) were interviewed, along with six of the other top benefits consultants in Canada, to comment on the topic of finance and employee benefits. The article, entitled “Employee (…) [Read Full Article]
Stay Ahead of the Hiring Curve with Next Generation Benefits Plans
At The Benefits Trust, we have long been proponents of the need for customized benefits plans. Benefits plans should allow you to create groups within your group, and should be tailored to support your business goals and align with your organization’s compensation philosophy. An excellent recent article in Benefits Canada, (…) [Read Full Article]
Posted in Custom Plan Design, Employee Benefits, Flexible Benefits
Tags:benefits plans, employee benefits, Personalized benefits plans
Introducing the Veterinarian SelectFlex Benefits Plan
This is our fourth blog post in our on-going series about selling to healthcare professionals. Healthcare professionals have specific needs for their healthcare plans – needs that conventional off-the-shelf plans typically cannot meet. There is a great opportunity for benefits plan advisors to offer customized plans to this largely untapped (…) [Read Full Article]
Posted in Custom Plan Design, Employee Benefits, Sales Ideas, SelectFlex
How Benefits Plans Discriminate Against Executives
That’s right: most off-the-shelf benefits plans on the market discriminate against executives. It’s simple when you think about it. Let’s say everyone in your company has the same, standard benefits plan. When you hire a new employee in an entry-level position and give them benefits, they’re getting the same benefits (…) [Read Full Article]
Posted in Benefits Costs, Coordination of Benefits, Custom Plan Design, Employee Benefits, Executive Benefits
Tags:benefit plans, custom benefits plan, executive benefits
Selling Benefits Plans to Pharmacists and Paramedical Practitioners
This is our third blog post in our on-going series about selling to healthcare professionals. Healthcare professionals have specific needs for their healthcare plans – needs that conventional off-the-shelf plans typically cannot meet. There is a great opportunity for benefits plan advisors to offer customized plans to this largely untapped (…) [Read Full Article]
Posted in Custom Plan Design, Employee Benefits, Sales Ideas
Want to Retain Your Best Employees?
The right compensation can be the key to retaining your best employees and attracting talented newcomers. Small business owners can maximize the value of their compensation with smart spending on employee benefits. A recent article from MarketWatch, a Wall Street Journal publication, advises that “the right menu of benefits can (…) [Read Full Article]
Posted in Benefits Costs, Custom Plan Design, Employee Benefits
Selling Benefits Plans to Doctors
Welcome to the second installment in our series about selling to healthcare professionals. Healthcare professionals have specific needs for their healthcare plans – needs that conventional off-the-shelf plans typically cannot meet. There is a great opportunity for benefits plan advisors to offer customized plans to this largely untapped market. As (…) [Read Full Article]
Posted in Custom Plan Design, Employee Benefits, Executive Benefits, Sales Ideas
Selling Benefits Plans to Dentists
This is the first in our upcoming series about selling to healthcare professionals. Healthcare professionals may believe group benefits are not necessary for their employees, as they have access to certain services free or at-cost. Standard packaged plans may be of little perceived value as a result. There is a (…) [Read Full Article]
Posted in Custom Plan Design, Employee Benefits, Executive Benefits, Sales Ideas
Tags:benefits plan, custom plans, HCSA, SelectFlex
How to Use Your Benefits Plan as a Business Tool
A benefits plan can be more than just an expense. A custom employee benefits plan can actually be designed to achieve specific results. Well-structured benefits plans allow organizations, regardless of size, to reward key employees, control costs, reduce benefits abuse, and more. Here are some of the ways to use (…) [Read Full Article]
Posted in Custom Plan Design, Employee Benefits
Seasonal Employees: Yes You Can Give Them Benefits
Many businesses are wholly dependent on the season – golf courses, ski resorts, hotels, and so on. These places are extremely busy during certain times of the year, but nearly empty during the off-season. They need to hire a large number of full-time, seasonal employees for their busy time of (…) [Read Full Article]
Posted in Custom Plan Design, Employee Benefits, Flexible Benefits
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Posted in Benefits Costs, Custom Plan Design, Employee Benefits
Tags:customized benefits, employee benefits