Solutions for BC's Growing Labour Market
The Vancouver Island and Coast region are one of the most powerful economic hubs in British Columbia. There are 43.9 businesses per every 1,000 residents in B.C. with nearly 80,000 businesses in Vancouver alone. As the largest port city in Canada, Vancouver transfers over 142 million tons of cargo and ranks first in North America in total foreign exports. The industry is booming, but if business owners want to lure talent to the area, they must provide incentives in the form of employee benefits in Vancouver.
Industries that thrive in Vancouver include film and television, technology, finance, tourism, aviation and international relations. Promising facts about industries in Vancouver include:
- Vancouver has been called Hollywood North because of its thriving film industry. It is the third-largest production centre in North America.
- The city has a vibrant tech scene with major video game and app developers.
- It is home to HSBC Canada and Vancity. Likewise, the Big Five banks have modest operations downtown.
- Vancouver receives about 10 million tourists annually, with the tourism industry contributing about $4.8 billion to the economy.
- The region has the closest North American air link to various Pacific Rim cities.
No matter the industry, you stand out competitively when you have an attractive group benefits program.
Raising the Bar on Employee Benefits in Vancouver
To be a competitor in Vancouver's evolving market, you must develop comprehensive strategies that meet the needs of your employees. We believe that every company has a unique culture and demographic that requires custom benefits options.
- Actuarial Services: Our actuaries assess and plan for the financial impact of various risks. They perform valuations to help you understand future financial obligations, identify areas for negotiations and savings, forecast long-term cost projections and estimate the costs of benefit proposals or requests.
- Benefits Communication: Employees need clear advice on benefits enrollment. We can effectively explain the employee benefits in Vancouver and discuss all updates and changes. We will develop a multi-channel approach to help employees make informed decisions about their benefits.
- Strategic Benefits: We understand that such a diverse multigenerational workforce requires custom options. As your business evolves, you need access to brokers who can help you create a strategy that meets short- and long-term goals.
Bringing Products and Solutions to the Employee Benefits in Vancouver Market
We know how important experience in employee benefits is to designing benefits plans. Our experience allows us to solve complex problems with innovative solutions, including:
- Executive Benefits: Executive benefits include packages you offer your top talent. Executive benefits may include enhanced dental, medical and business travel insurance. Executive benefits can incentivize team members to remain loyal and climb the ranks.
- Pharmacy Benefits Management: Canadians spend around $30 billion on prescribed drugs annually. As drug prices continue to climb, employees need employers who can help manage their drug costs so they can receive critical treatments.
- Cross-Border Benefits: Vancouver is only around 41 kilometres from the U.S. border. We understand that businesses may have a workforce on both sides, which is why we have brokers with expertise in Canadian and U.S. benefits.
- Customized Benefits Plan: If you want a competitive edge, we'll work with you to customize a unique plan design to need your employees' needs.
When you work with us to obtain employee benefits in Vancouver, we will incorporate HR technology to support the administration of employee benefits and more.