It’s the perfect time to secure your short and long-term financial goals.
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Mount Royal Block Suite 290, 815 - 17th Ave SW Calgary, AB T2T 0A1
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In a cutthroat market for jobs, acquiring top talent comes with more costs than just salary payments. There are expectations of meaningful benefits meant to foster wellness, security, and satisfaction in employees’ lives. That is where employee benefit plan services come on board.
At Ten O Eight we create tailor-made employee benefit plan services suited for your company’s culture, goals, and budget. Whether you are a small business trying to grow your compensation offering or a big organization looking for a complete revamp of benefits, we provide very comprehensive assistance so that you ensure your plan works for you and your team.
Employee benefit plan services are classes of professional services specifically used in the design process, management, and maintenance of benefits programs for employees. It ranges from the simplest health and dental coverage programs to the most complex retirement savings and mental health programs.
In Canada, several businesses use benefit consultants to navigate the regulatory curve in formulating competitive packages. Our employee benefit plan services ensure that each of your offerings meets compliance standards, and cost-effectiveness, and addresses the concern of both employer and employee.
At Ten O Eight, it is easy to provide great benefits without going through the hassle of doing it all by yourself.
In the contemporary business paradigm, it is more than just money for which employees are working. They are looking for employers, who mean business in terms of their overall well-being and security for the long-term. Comprehensive employee benefit plan services serve the purpose of being the very foundation for attracting, retaining, and motivating high-performing talent.
A well-structured employee benefit plan provides excellent possibilities for significant returns to the organization:
These high-value employee benefit plan services are not only an expense, but also a strategic necessity for organizations seeking to optimize their human capital and gain a sustainable competitive advantage.
The provision of appropriate employee benefit plans can ensure the proper functioning of a business. Here is how:
Talent today does not just look for a competitive salary. They want to ensure that their employer is truly concerned about their overall well-being. A solid benefits plan can tip the scales for candidates.
A more productive workforce is motivated by health care, paid time off, and retirement benefits.
A happy employee is also a committed and loyal employee. This results in better morale and a more positive work environment.
Programs like extended health, dental, and mental wellness create a healthier workforce and reduce absenteeism.
With Ten O Eight as your partner, you have a trusted advisor who sees the value of personalizing benefit plan services.
Our employee benefit plan services encompass a very large number of benefits designed to offer meaningful support to all employees in all aspects of their lives, be it age, income level, or health status.
Extended health coverage includes most prescription medication expenses, vision care, massage therapy, and more. Dental coverage provides preventive services, basic and major restorative procedures, and orthodontics.
Group life insurance typically protects an employee’s family financially upon his or her demise, while disability income insurance provides replacement income due to illness or injury.
These allow the employee to use funds for the services that are most important to them, thereby increasing satisfaction and choice.
We develop employer-sponsored Registered Retirement Savings Plans (RRSPs), Deferred Profit-Sharing Plans (DPSPs), and much more.
Wellness programs include various gym memberships, mental health support services, nutrition counselling, and wellness spending.
Assistance in seeking support from services with personal and work-related issues, such as stress, addiction, or family concerns.
Options for glasses, contact lenses, plus hearing aids, beyond what public health insurance covers.
Here at Ten O Eight, we deliver first-class employee benefit plan services through a strategic and collaborative process:
Here are some of the variables that Ten O Eight considers when delivering employee benefit plan services in Canada:
With Ten O Eight, you will always be up-to-date, compliant, and appreciated by your teams.
We are working with you to build a workplace where employees find it valuable, safe, and motivating. Our strong benefits mean stronger teams at Ten O Eight, and our comprehensive employee benefit plan services would help to create your awesome strength as an employer attraction for top talents.
Join us to improve your employee benefits. Let’s talk. Contact us today to get started with a personalized consultation and discover how our employee benefit plan services can work for you.
Employee benefit plan services typically include everything from plan design and provider selection through claims assistance to employee education and continued management of the plan. Everything is taken care of easily, from the design aspect completely to make offering benefits simple and hassle-free.
Only very few such employee benefits are compulsory according to Canadian law. They include contributions to the Canada Pension Plan CPP, Employment Insurance EI, and workers' compensation. Other benefits such as health benefits, dental care, and wellness programs are optional but are highly encouraged to keep the best talent attracted and retained.
Absolutely. Offers of competition employee benefits are available for small to mid-sized companies. We have moulded our specialty into providing affordable, flexible plans to satisfy your distinct requirements while helping your firm differentiate itself in the job market.
The costs of employee benefit plans differ significantly with the requirement that has to be considered: number of employees, level of coverage elected, and design of the plan.
Benefits usually are reviewed often within 12 months. This keeps your offers competitive, cost-effective, and in tune with the ongoing changes that the company undergoes and trends in the market.
Yes. Benefits can be designed for employee categories or seniority level or type of employment, thus creating tiers with which to better serve the workforce more appropriately.
We provide a ton of resources—from guidebooks that distill the information into simple terms to live webinars and personalized support sessions—so that your employees will have a complete understanding of their benefits and be able to maximize their offerings.
Absolutely. Most contemporary benefits programs include coverage for mental health services that may comprise consultations with a psychologist, counsellor, or therapist, or through an employee assistance program (EAP).
Yes. Many companies choose to include benefits for part-timers and contract workers. We can develop plans that allow for flexibility across various types of employment while keeping them cost-effective.
It’s the perfect time to secure your short and long-term financial goals.
Mount Royal Block Suite 290, 815 - 17th Ave SW Calgary, AB T2T 0A1