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Benefit Plan Design
* An Employee Benefit Program and Retirement Plan should be designed to enhance the employers' compensation strategy and corporate objectives.
* Cost containment measures to be put in where appropriate. These measures are to be continually monitored for their effectiveness and compliance with employment standards and collective agreements.
* An Employee Benefit Program should be designed to enhance the employee’s health and wealth - thereby minimizing lost time costs and "runaway" claims.
* Wellness Plans work. Statistically, they have proven to reduce costs and enhance health.
* Giving employees more choices and flexibility in their benefit help control costs.
* The structure of a Retirement Plan should meet the needs of the plan participants and at the same time keep the sponsor in full control of the plans costs.
* Managers of Retirement Plan $ should be continually assessed. Today's best performing funds do nothing to predict how its manager will perform in the future. |