Your Guide to the Most Desired Employee Benefits and Perks for 2021

Your Guide to the Most Desired Employee Benefits and Perks for 2021

Employees are the most important asset for many businesses, and a high salary on its own isn’t always enough to keep them around. People value attractive employee benefits and perks, so employers who offer them will always stand out.

What’s more, research shows that employee job satisfaction can improve productivity, reduce absenteeism, and lower turnover rates. By investing in the right benefits and retaining a hardworking and loyal workforce, you have more to gain in the future.

Table of Contents

What are Employee Perks?

Company perks exist to make everyday work life easier, fun or rewarding for your employees. While benefits might take precedence, these additions can foster an encouraging and accommodating work environment.

Flexible Work Hours

Remote Work Options

Volunteer Time Off (VTO)

Focus on Family

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What are Employee Benefits?

Aside from a good salary offer, employee benefits are the main bargaining chip for business owners. These bonuses cover the worker’s basic needs, and then some.

Health Insurance

Paid Time Off (PTO)

Life Insurance

Retirement Savings Plans

Taking Advantage of Group Benefits

Group benefits, as the name suggests, cover every member of your company. Group plans have a much larger network than individual plans, which expands on the services you can receive. You also have the option of choosing different benefits based on employee groups—like management, maintenance, and office—for added flexibility.

Many insurance providers offer grouped plans, including:

  • Health Care Spending Account (HCSA)
  • Group Retirement Savings Plan
  • Group Disability Insurance
  • Group Dental Insurance
  • Extended Health Care
  • Group Life Insurance

Group Enroll – The Easiest Way to Find the Best Plans

Many insurance providers offer many packages with a variety of options. While flexibility is generally welcome, it also makes it harder for employers to navigate through each one and choose the right plan for their company. That’s where we come in.

Instead of handling group benefits on your own, we recommend partnering with a benefits broker. At Group Enroll, our main objective is to match every business with the best plans using a simple and straightforward process.

We will ask about your company, your goals, and the benefits you want. Then, we will pool proposals from the best Canadian providers and evaluate each one. This way, you don’t have to compare plans, sift through different deductibles, and check the legalities—we do all of the heavy liftings.

If you want to start today, fill out this form for a free quote! For questions and concerns, please send us an email at hello@groupenroll.ca. While face-to-face appointments aren’t necessary, you have the option of visiting our office at 10 Great Gulf Drive, Unit 5, Vaughan, ON, L4K 5W1.