Dave Hawryluk, B.Comm, CFP, CLU’s Post

Ever wondered what makes a job offer stand out? Employee benefits are key players in the game of attracting top talent and keeping employees happy. From health insurance to paid time off, these perks can make all the difference in the workplace. Here's a peek into the world of employee benefits from Forbes: [Employee Benefits Article] **Health and Wellness Benefits**: Stay healthy and happy with health insurance, dental insurance, and wellness programs. Because a happy employee is a productive employee! **Time-off and Leave Benefits**: Who doesn't love a good vacation or parental leave? Time-off benefits can make work-life balance a reality. **Financial and Retirement Benefits**: Secure your future with 401(k) plans and pension plans. Let's retire like bosses! **Prescription Drugs**: Because staying healthy shouldn't break the bank. Prescription drug coverage has your back. **Mental Health Benefits**: Taking care of mental well-being is just as important. Mental health benefits offer support when life gets tough. **Telemedicine**: The future is here with telemedicine. Consult with a doctor without leaving your couch! **Child and Dependent Care Benefits**: Balancing work and family? Child care benefits are a game-changer for working parents. Dive into the world of employee benefits and discover how these perks can make a difference in your work life! #EmployeeBenefits #WorkPerks #ForbesInsights https://lnkd.in/gPSq5UHh

In today’s fast-paced world, it’s important for plan sponsors to make sure health and wellness benefits are being used. A recent article from Benefits and Pensions Monitor highlights ways to boost engagement by designing plans for unique populations, and then improving communication and technology to make accessing these benefits easier.   1. Offer Benefits That Truly Meet Needs Provide benefits that address the specific needs of different groups, rather than just following trends. This ensures the benefits are relevant and valuable.   2. Ensure Easy Access to Benefits Make it easy for members to access their benefits. Use communication and technology to inform members about their plan offerings. With the right tools, technology can also provide personalized recommendations for resources, tools, and services members can access. This customized approach leads to higher engagement and usage.   Contact us to learn how we can help your clients improve their plan's engagement.

The "whole employee" approach recognizes that employees are not just workers but individuals with diverse needs, aspirations, and challenges. Employee well-being has grown to encompass much more than just health insurance and retirement savings — it now encompasses aspects like physical wellness, financial planning, and emergency savings. Explore how the "whole employee" concept is reshaping workplace strategies: https://bit.ly/3HWv9zX #EmployeeWellness #EmployeeHealth #HRbenefits

👥 Maximize Your Employee Benefits: Tips for Workforce Wellness! 👥 Understanding Your Benefits: Employee benefits can include health insurance, retirement plans, paid leave, and more. Knowing what your employer offers is the first step to taking full advantage. Health and Wellness: Many employers offer wellness programs that include gym memberships or discounts, health screenings, and even on-site healthcare services. Retirement Plans: Contributions to a 401K or similar retirement plan are crucial for your future. Understand how much you and your employer can contribute. Additional Perks: Look for other benefits like disability insurance, life insurance, and educational assistance. These can provide significant value beyond your salary. Using Your Benefits: Don't overlook the use of these benefits. They're part of your total compensation package, designed to improve your life both in and out of work.

📰 Benefits going to waste? 80% of professionals don’t fully utilise their workplace benefits "Only half of professionals are satisfied with communications around their workplace benefits – this runs the full gamut of workplace benefits from financial ones like annual bonuses or pensions to wellbeing plans like private health insurance or mental health support." #NetworkHR #ExecutiveSearch #HR #WorkplaceBenefits

According to WTW, 38% of employers either plan on offering lifestyle savings accounts or are considering offering them by 2025. I spoke to Sara Taylor, senior director of employee spending accounts at WTW, about why this financial wellness benefit is getting more traction and if it’s the right move for your benefits package. Read more on Employee Benefit News. #finance #wellness #savings #benefits https://lnkd.in/eHu9cKtN

Another example of how employers can tangibly invest in their employees well-being. The evolution of Lifestyle Savings Accounts. 100% employer funded accounts that an employee can use for an inventory of well-being services. Interesting to see employer interest is growing to adopt. A promising trend. It does raise the issue that employers need to find ways to make it easier for employees to see the value of employers investing in their well-being. It is complex currently for employees to see this. 401(k) employer matching contributions. Employers seeding HSA accounts (if they do that). Lifestyle Savings Accounts. Employer funding health insurance. Other benefits.

Organizations that want to attract and keep the most talented employees have learned that it’s not just enough to offer a competitive salary, health insurance coverage, and a retirement savings plan. A full #benefits package is becoming increasingly important to full-time workers, including job-seekers. Offering company swag, in-office lunches or snacks, and game equipment in the workplace are not benefits that make workers feel valued and prioritized. Instead, they want benefits that improve their work-life balance, provide mental health support, and help them financially. These are much more attractive than trendy (but mostly useless) perks like a branded backpack or hoodie. What are the top minds in workplace benefits saying about #workplaceESAs (emergency savings accounts)? Here’s a short overview of the LinkedIn chatter about the benefits that workers value the most — and that also value workers the most.

🌿 Wellness Wednesday: Prevention is Better Than Cure! 🌿 Are you fully leveraging the resources and support available through your traditional employee benefits? It's vital for businesses to effectively communicate and promote these services so that barriers are broken down and employees know how to utilise them discreetly. Why is Prevention Better Than Cure? 🔹 Health & Wellbeing: Proactively addressing health concerns can lead to a happier and healthier workforce, reducing the incidence of serious health issues. 🔹 Productivity: Healthy employees are more engaged, motivated, and productive. Preventative measures can minimise absenteeism and presenteeism, leading to a more efficient workplace. 🔹 Cost-Effective: Investing in preventative health measures can save businesses significant costs in the long run by reducing medical claims and the need for more expensive treatments. At Corpad Employee Benefits Ltd, we can help you tailor a program that suits your company culture and meets your employees' needs. We ensure these programs are delivered, valued, and utilised, maximising your investment. Get in touch with us at ceb@corpad.co.uk to learn more about how we can support your business and more importantly, your team. #wellnesswednesday #employeebenefits #preventativehealth #workplacewellness #productivity #corpademployeebenefits https://lnkd.in/dFci64G9

In today’s competitive job market, employee benefits are more than just perks—they are essential elements that enhance workplace satisfaction and productivity. Offering comprehensive benefits demonstrates a company’s commitment to its team’s wellbeing and fosters a supportive work environment 🤗 From health insurance and retirement plans to flexible working hours and professional development opportunities, the right benefits can attract top talent and retain valuable employees. Investing in your employees’ futures isn’t just good business; it’s the right thing to do 💙 Our latest blog covers the top 7 - have you got them covered? ✅ #employeebenefits #employeewellbeing