Employee benefits are almost a necessity in 2018, with Employment at its highest levels in Canada and the US for the last ten years. The only real exceptions to when an employer should provide benefits are in the case of dual-income families where one spouse may have an excellent benefits plan from their current employer or with younger employees who may not be as concerned about benefits.

For small businesses locking into a Benefits package offered by a broker or an Association can be a little daunting. What do you have to budget and what will the long-term costs be when you bring in a benefits package? It is best to go to a benefits consultant or a benefits broker.

A broker will likely be compensated by the Plan that you choose where a Benefits Consultant will be compensated on an hourly basis or project basis by you to help select the right package. If you have an employee group above 50 people, you may want to consult both to ensure you are getting the best deal

One alternative in Canada to going to an Insured Health and Benefits plan is an Employee Health and Welfare Trust. Here you can define the monthly benefit budget by the number of employees you want to cover, and the employees can then choose to use the benefit amount for any benefits are covered by revenue Canada rules.

You can also prove catastrophic and out of province health insurance for your employees and their beneficiaries at reasonably low cost and possibly even split this costs with your employees.

Benefits don’t have to break the bank, but we get employers calling us every week with no benefits package and little hope of attracting top employees, so we made this blog. We would love to hear your opinion of Benefits Plans and Health and Welfare Trusts.


Kael Campbell is President and Lead Recruiter of Red Seal Recruiting Solutions, a company providing recruitment services in mining, equipment and plant maintenance, utilities, manufacturing, construction, and transportation. When he is not recruiting, Kael spends as much time as possible with family in the great outdoors and on the water. He volunteers his time as a Board Member of the Entrepreneurs Organization of Victoria and a Member of Victoria Marine Search and Rescue. You are invited to subscribe to our employer newsletter or submit your resume.

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