In a perfect world, being able to maintain an ideal work-life balance would be a walk in the park. But how often do we end up struggling to achieve it? Issues that come up out of the woodwork – be they financial worries, emotional well-being or even finding child care – make the impossible task that much more difficult. Although these might sound like common problems, the reality is that they take a toll on our minds and bodies.
Top Questions from Employers
As we work with companies to build them better employee benefits plans, the Revolution team hears some common threads in the questions employers ask. We know you have questions - here are answers to a few.
Displaying posts in Employer FAQs
Families are putting up their Christmas trees and decorating their homes with poinsettias. Offices around Toronto are full of colour, Secret Santa exchanges, and holiday parties. During the holidays many people go away on vacation with their families and friends – getting away from the concrete jungle and enjoying some well-deserved R&R. Don’t forget your employee benefits plan may cover their out-of-country medical emergencies!
I’m looking to boost my group benefits coverage for my employees. What should I be shopping around for?
Revisiting your group benefits plan design every 3-4 years is a good idea to ensure you are getting the benefit of what you are paying for and are keeping up with changing needs of employees.
At Revolution, we often advise our clients to implement a 100% employee paid Long-Term Disability benefit to maximize efficiency. Here's why.
We definitely urge employer to offer Critical Illness (CI) coverage as a mandatory or at least an optional benefit.
Why should I consider switching to a generic drug plan when I want to provide the best prescription drugs coverage for my employees?
When it comes to making an informed decision about the drug portion of an employee benefits plan, employers need to know the difference between generic and brand name drugs.
I am new to Canada and will be starting a business soon. I will need a benefits plan for my new company. Where do I begin?
Finding a benefits consultant with expertise in the health care industry will be the first step as they can help you understand and navigate the Canadian health care system.
Definitely! While some benefits consultants may sell cheaper and more attractive plans without a Long-Term Disability (LTD) benefit, a LTD benefit is very important in protecting the financial well-being of employees, since there are differences to the long-term disability benefits. Read on to learn more.
The best way to evaluate the effectiveness of your employee benefits is to analyze the available data.