What Benefits Can You Offer Your Employees?
The Montreal Census Metropolitan Area is home to more than 4 million people, and a good portion of them are an important part of the workforce. Over 13% speak both French and English, making them valuable assets to any company that operates in a city close to the Canada and United States Border. As an employer, one of your biggest assets when it comes to attracting and retaining employees at your company is the benefits package you offer. As your employee benefits broker in Montreal, HUB International can help you come up with a comprehensive strategy that evolves to meet the needs of a changing world while supporting your employees in a cost-effective manner.
Montreal is the ninth-largest city in North America and the second-largest city in Canada. With the city’s diverse cultural background and unique history, it continues to be a popular destination for people from all walks of life. Retirement companies name Montreal as one of the most popular places to retire because of the bounty of parkland and the extensive activities the city offers. The city’s growth rate is just above half of a percent, as young workers continue to move to Montreal for many of the same reasons.
Employers in Montreal are required to pay at least 25% of employee benefits plans, while employees can pay up to 75%, depending on the plan. Employees in all industries value jobs that offer a quality benefits package.
How Can an Employee Benefits Broker in Montreal Help?
As the 5th ranked large insurance company with more than 530 offices and more than 15,000 employees across North America, HUB International knows what we are doing when it comes to employee benefits. Our clients range from small businesses to large corporations, and we realize that an employee benefits broker in Montreal should customize your program to make sure it is right for you. Some of the elements of your package may include the following:
- Cross Border Benefits: allows employees access to benefits in both Canada and the United States
- Pharmacy Benefits: controls what your employees pay for medication
- Employee Health & Performance: helps you cut healthcare costs by improving wellness in your employees and heading off health issues before they can develop
- Benefits Communication: explains the benefits your company offers and makes sure that you and your employees are on the same page
- Executive Benefits: designs a plan tailored to executives in your company
Our standard actuarial team stays up to date on the most recent changes and updates in the industry to ensure that you are offering your employees the best coverage for the most affordable price.
Individualized Programs From an Employee Benefits Broker in Montreal
Taking into account what you are required to pay to help your employees, we help you manage costs and make difficult choices that are in the best interest of your company. Your individual employee coverage may include pre-paid legal expenses, pet health insurance, travel health insurance, disability, critical illness, hospital cash, accidental death and dismemberment, and individual life insurance.