In tough economic times, most businesses start looking at cutting costs to survive. While employee benefits offer significant advantages, they’re also expensive and increasingly costly to maintain. But before you start cutting employee perks, you should consider...
An administrative services only plan (ASO) is an agreement between a company and an insurance provider. According to the terms of most ASO contracts, the parties agree that the company will fund its own employee benefits plan, and the insurance provider will process...
Decide how to form your business by reviewing the advantages and disadvantages of a corporation. Corporations are legal entities governed by federal and provincial law. In a corporation, stockholders maintain shares as proof of ownership. Usually, company executives...
Add value to your employees’ benefits packages by offering insurance coverage for paramedical services. Paramedical practitioners provide diagnostic, advisory, curative, and preventive medical services that government health insurance does not always cover. Many...
In addition to most group benefits plans, an add on, or extra benefit is the EAP (Employee Assistance Program). In the wake of COVID-19 mental health is on the rise and EAP can help with coping mechanisms on a variety of different levels. Table of Contents What Is an...
Boost productivity by creating a social committee at your company. Workplace social committees foster healthy interactions, improved teamwork, and better relationships with the surrounding community. Discover how to form a social committee at your workplace and the...
The last couple of years have presented small business owners with a host of new challenges that few had prepared for. Small businesses have had to adapt to these challenges, and some have even completely revised their entire business model to survive. While...
Most people start a small business because they’re passionate about what they’re selling. Some love the appeal of being their own boss, while others want to share their vision and make a huge change in their target market. What few new owners realize is the importance...
Mental health has a direct impact on employee productivity, workplace atmosphere, and corporate success. Mental health issues like stress, burnout, anxiety, and depression all take their annual toll in employee disengagement and reduced performance. Therefore, it’s no...
Large-scale businesses use various tools and marketing methods to reach new clients, investors, suppliers, and more. Small business owners may feel that the same resources are not available to them, but that is inaccurate. CRM (or customer relationship...
