How 2017 Employment Insurance Changes Will Affect Your Group Benefits Plan

The Canada Employment Insurance Commission has recently confirmed the 2017 EI premium rates. So, how will that impact your organizations’ plan? Well, let’s start with the numbers:

The employee premium rate will decrease to $1.63 (from $1.88) per $100 of insurance earnings. The maximum employee contribution will also decrease to $836.19 from $955.04 in 2016. Meanwhile, the new employer premium rate is lower at 1.4X the employee rate and the maximum employer contribution will decrease accordingly.

Continue reading “How 2017 Employment Insurance Changes Will Affect Your Group Benefits Plan”

How to Maximize Your Existing Health Benefits During Winter

Things can no doubt be very stressful in the winter months. The good news is your employees can keep healthy amidst all the stress associated with the season without the risk of raising your company’s plan rates.

Here is a simple list that you can forward to your employees to maximize their existing health benefits during the coldest months of the year.

Continue reading “How to Maximize Your Existing Health Benefits During Winter”