Fall often feels like a new beginning. School is back in session and employers are ramping up for the final quarter of the year. This year, it also marks the beginning of change in Canada. On October 19, 2015, Canadians will head to the polls to determine who will run our country for the next few years. Regardless of who wins, change will follow. Change doesn’t always have to be scary.
CG Hylton Inc.
Calgary benefit consultants
have been in business for two decades and during that time, we have helped organizations to successfully weather changes in municipal, provincial, and federal governments. At this point, it is hard to predict who will win the election and it would be pure conjecture to guess what impact the government will have on employers across Canada in the coming years. Many employers and employees are feeling uncertain and anxious about the future. Here are some of the services we expect to see more interest in once the election dust settles.
During times of change, one of the best strategies employers can put into place is helping their employees, from top to bottom, to engage with the workplace and develop an attitude of resilience. We have used our workshops that address
employee engagement, team building,
EAP
and wellness programs, emotionally safe workplaces, and stress management to help organizations build a strong workforce that is able to continue to work effectively during tough times.
This helps organizations be more efficient and Profitable. These workshops also provide employees and managers with a safe place to discuss their concerns and strategize ways to overcome common fears and barriers. When faced with uncertainty, many employees look towards the future, specifically to retirement. One of the most popular services is our customized pension planning. We offer Individual
Pension Plans
(IPP). An IPP is beneficial to employers and their employees. It offers organizations the opportunity to make additional tax deductible contributions should the rate of return fall below 7.5% a year. All the costs, including investment expenses associated with the IPP, are tax deductible to the company. It provides employees with greater certainty of their retirement assets. This can be a great recruitment and retention tool.
The recent change in Alberta’s economy has companies looking for ways to improve overall organizational cost efficiency. Many organizations don’t realize it, but they can achieve significant savings by reviewing and revising their employee benefit plans and
health spending accounts. Best part about this? Reducing costs doesn’t always mean fewer benefits for employees. Our
benefit consultants
have a long and proven track record of helping organizations to offer budget friendly benefit plans that meet the needs of their employees.