The Advantages of an Employee Benefits Broker in Brossard
The municipality of Brossard in Quebec, Canada, has a population of approximately 91,500. The area is one of the most multicultural in Montreal, with 30 ethnic groups representing 1% or more of the population. The diverse culture is a big draw and recruiting tool for businesses, but they can increase their hiring and retention efforts by working with an employee benefits broker in Brossard.
Brossard is a very attractive city to live in, with its numerous parks dotting the various neighborhoods connected by 37 km of bike paths. In fact, this city is in the top 7% of the most desirable places to call home, which can be an effective recruiting element for businesses. However, Brossard is also one of the most expensive cities in the world, with its cost of living placing it in the top 27%, making a comprehensive benefit package a key component of attracting and retaining talent.
Strategic Benefits Planning
Your business is fluid, with a diverse, multigenerational workforce that changes over time, and your employee benefits packages should change as well. An employee benefits broker can assist you in developing a strategic plan to meet your short- and long-term goals while maintaining a competitive system of benefits. The expert team at HUB International can assist with the following:
- Executive benefits
- Expatriate solutions
- Health and welfare trusts
- Individual voluntary benefits
- Wellness consulting
Cross Border Benefits
When your workforce straddles the Canadian-US border, it can be challenging to offer competitive benefits on both sides. HUB International maintains a team of experts in Canadian and U.S. benefits that can assist you in understanding regulations, accessing data and reducing compliance risk.
Pharmacy Benefits Management
Canada has some of the most expensive drugs in the world, and the costs continue to increase. Employees need assistance in managing the cost of medications that are often necessary to maintain a productive livelihood. An experienced HUB broker can help craft a multiyear strategic plan centered on a cost-effective approach to managing critical drug treatments.
Employee Health & Performance
Healthy employees mean a more engaged and productive workforce. Businesses are beginning to realize this and make connections to the importance of prioritizing employee health and wellness. An employee benefits broker in Brossard can help improve your health management plans with a needs assessment, strategic guidance, comprehensive program design and rollout assistance.
Benefits Communication
It isn't enough to have an attractive benefits plan if employees are not aware of it, and internal human resources departments are often lacking in the essential resources to communicate properly. HUB International's benefits communication experts can assist in developing a multichannel approach to engage employees about their benefits and help them with enrollment and decision-making.
Actuarial Services
Actuarial services are an integral part of the long-term strategic success of your business. An in-depth understanding of the current and projected risk exposure, costs and premiums will enable employers to effectively personalize their health plans to meet employee needs in a culturally sensitive, cost-effective manner.
Executive Benefits
Your organization's top talent is critical to your success. Recruiting the best executives requires more than a strong financial compensation plan. When you structure your overall benefits package to meet your unique corporate needs, you can focus on executive benefits and add incentives for individuals that are highly sought after.