If one of the most effective ways to control costs is to have employees become better consumers, then they need to understand the benefits available to them. And while having an easy-to-understand plan is important, it’s only one part of the process.
Why now, when money is tight, are more and more employers turning to outside help with communication? At a basic level, the reasons are simple enough.
Benefits Canada chatted with Amber (Mac) MacArthur—a consultant, television host and journalist specializing in technology and social media—about how employers can make the most of social media.
With the aging population and increase in chronic disease—coupled with the rise in pharmaceutical costs and growing mental health concerns—it’s more crucial than ever to get employees engaged in their own health.
Benefits Canada’s sixth annual Survey of CAP Members held some surprising results, especially around newer communication channels such as social media and mobile apps.
An hour-long retirement plan enrolment session with an employee might be doing more harm than good.
The secret to Jim Micak’s satisfaction with his benefits plan is an employee survey. The president and CEO of DPRA Canada and corporate director of DPRA Inc., a software solutions company with offices across Canada and the U.S., says he would stop being happy with the plan offerings when his employees told him they weren’t satisfied.
People don’t consciously control a lot of their behaviour. For plan sponsors, this is frustrating, because getting employees engaged in benefits and retirement plans is all about behaviour change.
Whether you’re overhauling your corporate culture, reinventing your brand or integrating lines of business, a well-communicated realignment of your pension and benefits program can serve as a powerful catalyst and springboard for introducing broader organizational change.
Over the past 73 years, the Co-operative Superannuation Society Pension Plan (CSS plan) (No. 60 on Benefits Canada’s 2012 Top 100 Pension Funds Report) has weathered many storms. Since its launch in 1939, global markets have been rocked by a number of economic crises, and most pension plans have seen their assets rise and fall sharply as a consequence.