Due to the effects of lock down, many business owners that traditionally operate in personal, close contact to their customers have been forced to re-imagine how their business can operate at a distance. The ingenuity and resourcefulness has been truly stunning, from restaurants creating DIY home kits all the way to a Zoom-powered NFL Draft. […]
Author: nextbenefits
Employee Benefits and COVID-19
This piece was compiled based on common questions we have received from clients, official insurance company statements and information available online to all. Make sure to reach out to your broker or insurance company for specific advice for your situation, as plan designs and official response measures may differ greatly between companies and insurers. Canadian […]
Avoiding the headache of Late Applicants on your benefits plan
When a new employee wants to join your company benefits plan the insurer will require they do so within 31 days of becoming eligible. The reason being that if everyone could join when ever they chose, they would likely only join when they had a significant claim to process. This hurts the insurer as they […]
The Four Biggest Liabilities of your small business employee benefits plan
Benefits Administration is a simple process in the age of the internet. Online portals and designated service staff to solve problems make this part of an owner or HR professionals job that is not particularly time intensive. Therefore, as years go by without any issues, it is possible to take your “eye off the ball” […]
Next Benefits partners with Maple to bring Telemedicine services to small business benefits.
Next Benefits is thrilled to announce a new partnership with Maple – Canada’s leading Telemedicine platform – which will be offered as a premium add-on to all new and existing employee benefit customers. Sick days, time traveling to the doctor’s office and endless hours spent in waiting rooms all increase absenteeism and impact a businesses’ […]
Next Benefits partners with Link Mental Health to bring online mental health services to small business
While Next Benefits is proud to offer coverage for mental health professionals on all of our benefit plans, it has been brought to our attention that this particular benefit can be difficult to navigate as an employee. Confusion around coverage and long therapist wait times (2-3 months) can lead to sick days, decreased productivity and […]
How to set up an Employee Benefits Plan for your Start Up
Building an engaged and productive team of employees is the main concern of any business owner, and offering a benefits package is a proven way to attract and retain great employees. A competitive package can improve your recruiting efforts, reduce turn-over and is a tax effective way to increase compensation. Many small business owners think […]
Business Owner FAQ – Employee Benefits in Canada
What employee benefits are required by law in Canada? There are only three Federally mandated benefits that must be arranged for all employees in Canada: Employment Insurance Canada Pension Plan Worker’s Compensation or the Workplace Safety and Insurance Board . Visit the above links for official government information and instructions on how to set up […]
Sales Theory for Technical Founders
Sales is hard, period. While we know that digital is the future of business and developers and engineers will remain in high demand, what is often understated is the need for quality sales talent in the technology industry. Founders of early stage startups know this to be true because, as Peter Thiel says, “look around, if you […]
Employee Benefits for Startups
If you are a start up founder beginning to hire beyond your original team, you know my next statement to be true: there is a war for tech talent in Canada. Our government has come through on its promise to invest in innovation. As a result, we have become a magnet for skilled workers coming from […]