The Importance Of Employee Benefits

In the work world, the most sought-after jobs are the ones that come with those three wonderful, magical words: employee benefit plan. A job with employment benefits is so highly desired for this simple reason: money. Medical, dental… these things can be extremely costly. A business that offers group benefits with medical and health insurance coverage would essentially open the door to those who would normally be unable to afford such important procedures.

While obviously a benefit plan is important to the employee, it is also important to the employer. Or, it should be.

Small businesses rarely have a benefit plan offered to their employees, for a number of reasons. The most prominent one being bad advice. Bad advice is also at fault when companies cut their group benefit plans at the first sign of reduced revenue.

At GBK Strategic Financial Partners, we not only want to give you good advice, but the best. For example…did you know that employee benefits for your Toronto business are one of the last forms of tax-free income available to Canadians? Or that you can create a plan with as little as 3 employees?
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Smart companies realize that by tailoring benefits to their workforce, they can reduce absenteeism and improve their retention rate.

GBK can assist and advise you when important decisions need to be made regarding your human resources. We will come to your office, sit down with each employee and carefully explain the value of the plan and offer assistance in other areas of health risk and wealth management.

We specialize in small business. Our Small Business Series can offer you a customized benefit solution to meet your specific needs within your company, and figure out the  best plan for you as well as your employees.

A good group health benefit plan is of benefit to everyone!