Trusted Tips and Resources

Trusted Tips & Resources

Trusted Saskatoon Financial Advisors at Wiegers Financial & Benefits Explore the Benefits of Becoming an Employer of Choice

Wiegers Financial & Benefits is one of the largest private financial planning and employee benefits consulting firms in Saskatchewan. Its Saskatoon Financial Planning Division provides business owners, households, retirees, and students with expert investment and insurance planning services to help them reach their long-term financial goals. They also have a Benefits and Personal Insurance planning, division. In this latest Wiegers Group Benefits expert tip, they explain how becoming an Employer of Choice allows for a stronger financial future. Wiegers Financial & Benefits are Trusted Saskatoon Insurance and Group Benefits experts.

 

Becoming an Employer of Choice for a Stronger Financial Future

Wiegers Financial & Benefits stands out as a leading financial planning and employee benefits consulting firm in Saskatchewan. Our Financial Planning Division is committed to providing business owners, individuals, and families with expert investment and insurance strategies to help them achieve their long-term financial goals. Meanwhile, our Group Benefits and Retirement Division is dedicated to meeting the diverse needs of our clients. In this article, we explore how you can position your company as an employer of choice.


How Does a Healthier Bottom Line Benefit Your Business?

A strong bottom line signals financial success, but how do you reach that point? A key factor is fostering a workforce that is both satisfied and healthy. Offering a comprehensive benefits package that includes wellness initiatives can significantly enhance employee morale and efficiency.

The phrase "the great resignation" has come to represent the ongoing challenge of attracting and keeping top talent. This issue affects small businesses just as much—if not more—than their larger counterparts. While group benefits and perks have traditionally played a role in employee retention, they no longer provide the same competitive advantage as they once did.

Today’s workforce is seeking more flexible benefits and additional support for their financial well-being. So how can businesses attract and retain employees while also managing costs effectively? Structuring benefits plans to encourage cost-effective choices is one strategy. Additionally, investing in mental health resources can provide critical support for employees grappling with the lingering effects of the ‘shadow’ pandemic, which has resulted in heightened stress and uncertainty. Mental health concerns, long a factor in short-term disability claims, have now become the leading cause of long-term disability claims. Particularly concerning is the 49% rise in long-term mental health claims among employees aged 18 to 35 since 2019.

Insurance providers recognize these trends and have begun offering virtual mental health programs, some as part of standard coverage and others as optional add-ons. The key lies in early intervention to prevent employees from reaching the point of disability or incurring significant expenses on treatments and medications. Tools like Ergoworks, offered by Bridges Health, can play a crucial role in minimizing both the number of employees on disability leave and the duration of their absence.


The Value of Employee Benefits

Providing a well-structured group benefits plan is one of the most effective ways to support your employees both now and in the future. Interested in learning more? In this VLOG, Benefits Advisor Matthew Hill and Group Retirement Associate Danielle Roberge discuss how businesses can enhance their benefits offerings to stay competitive.

Wiegers’ Benefits Consulting Division includes many consultants and support staff who custom-design the most employee-valued and cost-effective group benefit, personal insurance, employee assistance programs, and retirement plans available. Contact them today for a no-obligation consultation to determine how they can help you.

Wiegers Financial & Benefits are Trusted Saskatoon Insurance and Group Benefits Advisors 

Trusted Saskatoon Group Benefits Advisors at Wiegers Financial & Benefits Explain The Impact of Employer Matching

Wiegers Financial & Benefits is one of the largest private financial planning and employee benefits consulting firms in Saskatchewan. Its Saskatoon Financial Planning Division provides business owners, households, retirees, and students with expert investment and insurance planning services to help them reach their long-term financial goals. They also have a Benefits and Personal Insurance planning, division. In this latest Wiegers Group Benefits expert tip, they explain how to maximize group retirement plans and the impact of employer matching. Wiegers Financial & Benefits are Trusted Saskatoon Insurance and Group Benefits experts.

 

Maximizing Group Retirement Plans: The Impact of Employer Matching

At Wiegers Financial & Benefits, one of Saskatchewan’s leading financial planning and group benefits firms, we understand the challenges of attracting and retaining top talent. In today’s competitive job market, businesses need to stand out. More than ever, employees seek workplaces that prioritize their well-being. A strategically designed Group Retirement Savings Plan (GRSP) with employer matching can be a game-changing tool in your compensation strategy, helping to position your company as an employer of choice. Let’s explore how employer matching enhances retirement savings and benefits both employees and employers.


Understanding Employer Matching in Group Retirement Plans

Employer matching is a straightforward yet highly effective feature in group retirement savings plans. It involves the employer contributing funds to match a portion of an employee’s retirement contributions. Some companies match dollar-for-dollar, while others contribute a percentage, such as 50% of the employee’s contributions.

This shared investment fosters a partnership between employer and employee, reinforcing a commitment to financial security. But what makes employer matching such a crucial benefit? Let’s take a closer look.


Why Employer Matching Benefits Employees

1. Faster Retirement Growth
With employer contributions supplementing their savings, employees can build their retirement funds more quickly. The combination of matching funds and compound interest can result in significantly larger retirement savings over time.

2. Encouraging More Participation
Many employees hesitate to contribute to a retirement plan due to immediate financial priorities. Knowing that employer contributions are available can motivate employees to participate and contribute consistently, ensuring they don’t miss out on additional funds.

3. Greater Financial Stability
Financial concerns are a leading cause of workplace stress. Employer-matched savings plans help employees feel more secure about their future, reducing anxiety and improving overall productivity.


The Employer Advantage: Why Offering Matching Makes Sense

1. Attracting and Retaining Talent
A strong benefits package—including employer-matched retirement contributions—makes a company more attractive to job seekers. Prospective employees look beyond salary when evaluating offers, and a robust retirement plan signals long-term support and investment in their future.

2. Increasing Employee Loyalty
Employees are more likely to stay with a company that supports their financial well-being. Implementing a vesting schedule ensures that employer contributions become fully owned by employees over time, providing an incentive for long-term commitment.

3. Tax Benefits for Employers
Employer contributions to retirement plans are tax-deductible, offering financial advantages to businesses. Additionally, employees benefit from reduced taxable income, creating a mutually beneficial arrangement.

4. Boosting Employee Engagement
A workplace that invests in its employees fosters higher levels of engagement and satisfaction. When workers feel valued, they are more likely to be motivated, productive, and committed to their roles.


Addressing Common Concerns About Employer Matching

“What if our budget doesn’t allow for high matching contributions?”
Even a modest employer match can have a meaningful impact. Many businesses find that the long-term advantages, such as lower turnover and increased productivity, outweigh the costs.

“How do we ensure employees take advantage of the plan?”
Educating employees about the benefits of employer matching is key. Clear communication and financial literacy programs help employees understand the value of participation.

“How can we ensure fairness in our contributions?”
Setting clear and consistent matching rules across all eligible employees helps maintain fairness. Offering flexible options, such as different contribution levels, allows for inclusivity while ensuring equity.


Best Practices for Implementing an Employer Matching Plan

  • Establish Clear Limits: Define the percentage or dollar amount your company is willing to match to maintain financial control.

  • Implement a Vesting Schedule: This strategy encourages employees to stay with the organization longer by gradually increasing their ownership of employer contributions.

  • Educate Employees: Use multiple communication methods to explain the value of employer matching and encourage participation.

  • Consult a Group Benefits Expert: Work with a trusted financial consultant to develop a plan that aligns with your company’s budget and goals.

  • Regularly Review and Adjust the Plan: Ensure the plan continues to meet the evolving needs of your workforce and business.


The Real-World Impact of Employer Matching

Consider this example: Emily, a 35-year-old employee earning $60,000 annually, contributes 5% of her salary to her retirement plan. Her employer matches 50% of her contributions, adding $1,500 annually to her savings. With a 6% average annual return, Emily’s retirement fund could grow to over $250,000 by the time she retires—just from her employer’s contributions alone. This example highlights how even a modest employer match can significantly boost long-term savings.


Final Thoughts

Employer matching isn’t merely a business expense; it’s a long-term investment in your workforce and company culture. By implementing a well-structured matching program, you not only enhance your employees’ financial well-being but also create a more engaged and loyal team.

If you’re considering adding or improving an employer matching program, I can help. Let’s work together to design a plan that supports both your employees and business objectives. Reach out today to explore your options and start building a more secure financial future for your team—one contribution at a time.


The Advisor and Manulife Wealth Inc. and/or Manulife Wealth Insurance Services Inc. (“Manulife Wealth”) do not guarantee the accuracy of information from third-party sources and assume no responsibility for inaccuracies in linked content. The views expressed do not necessarily reflect those of Manulife Wealth. Information is subject to change without notice.

Homemetrics Inspection Services' Top 5 Home Inspector FAQ's- #2 Attending Your Home Inspection

Homemetrics Inspection Services provides professional and quality home inspection services to Saskatoon and the surrounding areas. They offer you peace of mind, so you don't have to worry. In a series of helpful tips, Ryan, your Trusted Saskatoon Home Inspector, has started answering his clients' top five questions, now continuing with #2: Can I Attend the Home Inspection?


Your Top 5 Home Inspection Questions Answered.

# 2 Can I Attend the Home Inspection?

At Homemetrics Inspection Services, we understand that buying a home is a significant investment, and you naturally want to be as informed as possible about its condition. One common question from our clients is, "Can I attend the home inspection?"

The short answer is that while you may not be present for the entire inspection process, we strongly encourage a post-inspection walkthrough to ensure you receive all the critical information clearly and structured. Here’s why:

Ensuring Safety and Efficiency

A home inspection thoroughly evaluates many areas of a property, including potentially hazardous spaces such as attics, crawl spaces, basements, and electrical panels. Inspectors must focus intently on their work to identify potential issues, which can be challenging if they constantly answer questions or navigate around a client.

Additionally, some parts of the inspection require specialized tools and procedures best conducted without distractions. Our inspectors can provide the most accurate and detailed report by maintaining a controlled work environment.

Minimizing Delays and Misunderstandings

While we completely understand your curiosity about the process, attending the full inspection can inadvertently slow things down. A detailed home inspection can take several hours, and stopping frequently to explain findings in real time can prolong the process.

To ensure clarity and avoid misinterpretation, we prefer to compile all findings into a structured report and then walk you through everything afterward. This approach allows us to present the information logically, ensuring you fully understand the property’s condition and what it means for you as a buyer.

The Post-Inspection Walkthrough: A Valuable Opportunity

Although you may not be present for the entire inspection, we schedule a dedicated post-inspection walkthrough. This is an essential part of the process where our inspector will:

  • Go over the most critical findings from the inspection.

  • Answer any questions you have about potential issues.

  • Provide maintenance tips and recommendations for future upkeep.

  • Ensure you understand any urgent repairs or safety concerns.

This structured review is designed to provide all the necessary details in a way that is easy to digest without disrupting the inspection flow.

Transparency and Trust: Our Commitment to You

At HomeMetrics Inspection Services, our goal is to empower you with knowledge and confidence in your home purchase. Our detailed reports include photos, descriptions, and explanations of any issues found so you can comprehensively understand the property’s condition.

We believe conducting an uninterrupted inspection followed by a thorough walkthrough strikes the best balance between safety, efficiency, and client education.

If you have any questions about our process or want to book an inspection, please contact us. We’re here to help you make informed decisions about your existing and future home!

Homemetrics Inspection Services – Your Trusted Saskatoon Home Inspector





Homemetrics Inspection Services Explains What a Home Inspection Includes

Trusted Saskatoon Home Inspector Homemetrics Inspections Services provides professional and quality home inspection services to Saskatoon and the surrounding areas. They offer you peace of mind, so you don't have to worry. In their latest Trusted Saskatoon Home Inspector tip, they go over what a home inspection actually includes.


What Does a Home Inspection Include?


Buying a home is one of the biggest investments you'll ever make. At Homemetrics Inspection Services, we understand that you want to know exactly what you're getting into before you sign on the dotted line. That’s where a home inspection comes in! Think of it as a first date with your house—where we check under the hood to ensure everything is running smoothly. Here’s what you can expect during a standard residential home inspection in Saskatoon.

The Big Five: Major Systems and Structure


Our job as home inspectors is to evaluate the key components that make a house safe and functional. These include:

  1. Roof – We assess the condition of shingles, flashing, vents, chimneys, and gutters. Leaks, missing shingles, or structural damage? We’ll spot them.
  2. Foundation & Structure – A solid foundation is crucial. We look for cracks, settling, and signs of structural movement that could spell trouble.
  3. Plumbing – We check for leaks, water pressure issues, and corrosion from water supply lines to drains.
  4. Electrical Systems – Wiring, outlets, panels, and circuit breakers are inspected to ensure safety and code compliance.
  5. HVAC (Heating, Ventilation & Air Conditioning): We assess the condition, efficiency, and safety of furnaces, boilers, and central air systems.

Beyond the Basics: Additional Inspections


A thorough home inspection goes beyond just the major systems. We also take a close look at:

  • Insulation & Ventilation – Proper insulation and airflow are essential for energy efficiency and preventing moisture-related issues like mold.
  • Windows & Doors – We check for drafts, broken seals, and any operational issues.
  • Interior & Exterior Components – Walls, ceilings, floors, stairways, railings, and decks all get a thorough once-over.
  • Appliances – We test built-in appliances (like ovens and dishwashers) to ensure they function properly.

What We Don’t Inspect


While we’re incredibly thorough, there are a few things outside our scope. We won’t be judging your interior design choices, checking your snack stash, or making comments on your collection of unused gym equipment. We focus on what truly matters—ensuring your home is structurally sound and safe.

Why a Home Inspection Matters


A professional home inspection can help you avoid costly surprises, negotiate repairs with the seller, and give you peace of mind about your investment. At Homemetrics Inspection Services, we’re committed to providing clear, detailed reports so you know exactly what’s going on with your home.

Looking for a reliable home inspector in Saskatoon? Homemetrics Inspection Services, led by owner Ryan, provides professional, thorough home inspections with a personal touch. Whether you're a homeowner or a real estate agent, Ryan ensures you have the information needed to make confident decisions. From first contact to the final report, expect professionalism, quality, and peace of mind.


Home Inspection Services Include: 

Homemetrics Inspection Services – Your Trusted Saskatoon Home Inspector



HomeMetrics Inspections Services' Top Five Home Inspector FAQ's- #1

HomeMetrics Inspections Services provides professional and quality home inspection services to Saskatoon and the surrounding areas. They offer you peace of mind, so you don't have to worry. In a series of helpful tips, Ryan, your Trusted Saskatoon Home Inspector, will answer his clients' top five questions,  starting with #1: What does a home inspection include?


Your Top 5 Home Inspection Questions Answered.

# 1 What does a home inspection include?

Buying a home is a big investment, and getting a professional home inspection is like going on a first date with your house—you want to know exactly what you’re getting into! A home inspection is a thorough evaluation of a property's condition, giving you peace of mind about your purchase or helping you uncover potential red flags before signing on the dotted line. But what exactly does a home inspection include? Let’s break it down.

The Key Areas of a Home Inspection

A home inspector’s job is to assess a house's major systems and components to ensure everything functions correctly and identify any existing or potential issues. Here’s what they’ll look at:

1. Roof 

2. Foundation & Structure 

3. Plumbing System

4. Electrical System 

5. Heating, Ventilation, and Air Conditioning (HVAC) 

6. Insulation & Ventilation 

7. Windows & Doors 

8. Appliances

9. Exterior & Drainage 

A home inspection isn’t about passing or failing—it’s about understanding the home's condition so you can make a wise decision. While no house is perfect, a thorough inspection can help avoid expensive surprises and ensure you make a wise investment. 

If you're buying a home, don’t skip the inspection. It’s one of the most critical steps in the process, giving you the confidence to move forward with your purchase.

Homemetrics Inspection Services – Your Trusted Saskatoon Home Inspector




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