The federal budget remained fairly silent on employer-provided benefits and healthcare provisions, but one quiet note in the document could play into future considerations for employers that self-insure their disability plans.
Banyan Work Health Solutions Inc. has announced a new program to help manage workplace absence. The program, part of Sun Life Financial’s absence and disability management group benefits, provides employers with access to an occupational claims management service.
The Ontario government has changed its mind and now intends to give ex-Nortel employees the choice to opt out of a windup plan for their pension and enlist private financial institutions to manage the pension fund. Finance Minister Dwight Duncan informed the group that the province plans to introduce legislative amendments that would give Nortel […]
Although untracked absenteeism often strains benefits budgets, most employers don’t do much about it. But Leo LeBlanc, vice-president of HR and corporate affairs at Co-op Atlantic, discovered that getting a handle on absenteeism can bring the company significant savings. And one of the beauties of saving money on benefits is that there are more funds […]
Manulife Financial has rolled out a new long-term disability program designed for executives and professionals. The Executive LTD program is available as a group benefit for high-income employees. “Employers across Canada have told us they need an enhanced and integrated benefit to provide their executives and professional staff with a higher level of long term […]