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 […]
Category: Hiring
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’ […]
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 […]
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 […]
The Start Up Guide to Building a Great Company Culture
“Culture eats strategy for breakfast” Peter Drucker What is Culture? Many of us have held entry level positions in the past. Can you recall your level of engagement with work at the time? Do you recall commiserating with other employees at lunch break? Complaining about management? Parodying the hollow corporate initiatives that were foisted upon […]