Trusted Tips and Resources

Trusted Tips & Resources

Trusted Saskatoon Group Benefits Advisors at Wiegers Financial & Benefit Explains Employee Benefits Plans

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 just how much employee benefits plans do for employees and their families. Wiegers Financial & Benefits are Trusted Saskatoon Insurance and Group Benefits experts.

 

Takes Care of Employees With A Group Benefits Plan


When employees think about their benefits plan, the benefits that most often come to mind are for prescription drugs, massages, and maybe a dental check-up every year. However, I’m confident that if you were to ask any Benefits Advisor or Consultant, he or she would swiftly tell you that benefit plans are so SO much more than that! These benefits are just the tip of the iceberg in terms of what a plan can provide for employees and their families.

Many people – employees and employers alike – are surprised by just how extensive an employee benefits plan can be. They’re often also surprised by how much a plan can do for an employee’s physical, mental, and financial well-being. If the COVID-19 pandemic has taught us anything, it is that our well-being is something we can no longer take for granted. And having an employee benefits plan is one of the best ways to stay protected.

There are two cornerstones of a benefit plan that deserve a lot more attention than they typically receive: Life Insurance and financial protection in the event of a disability or illness, namely, Short-Term and Long-Term Disability Insurance. These benefits are often included in benefit plans but are not touted enough for the critically important protection they provide.

Benefits Canada reported recently that many people between the ages of 30-50 have no Life Insurance outside of what is provided through their employee benefits plan. On the one hand, this makes for a hefty responsibility for employers. But on the other hand, employers who provide their employees with a strong Life Insurance benefit have a competitive advantage that helps them attract and retain top talent.

As for Disability Insurance, Wiegers Financial & Benefits is passionate about including it in every benefits plan. The reality is that many employees work paycheck to paycheck, and in the event of a severe or prolonged illness or injury, most don’t have enough money saved to be able to weather the storm financially. Disability Insurance is very often a financial lifeline that enables employees to focus their time and energy on getting better instead of stressing about how they’re going to pay their bills. And it’s apparent that the pandemic’s impact on mental health and disability is not going to lessen any time soon. This Benefits Canada article speaks to how the majority of Canadian employers are prioritizing mental well-being, and Disability Insurance benefits are a key part of what they’re doing about it.

If you’re like a lot of Canadians who believe that employee benefit plans are most important for getting their prescription drugs paid for or their massages covered, I encourage you to delve into the details of your plan. You’ll likely be surprised by what you learn, and you’ll be in a better position to know what you can be, or should consider, doing outside of your plan to protect your well-being. Your personal financial advisor will be a great asset to you in advising you on a good path to take and then actually putting these wheels into motion. But always remember that your benefits plan is likely doing more for you than you realize so be sure to provide your advisor with all of the details. Your benefits plan is there to help take care of you; let it do all that it can!


Jewelian Berry,
Benefits Account Manager, Wiegers Financial and Insurance Planning Services Ltd.


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 Professionals at Aurora Workplace Solutions Explain Workplace Cannabis Policies

Aurora Workplace Solutions are about creating brilliant futures by developing wealth security for businesses and individuals. As experts in the industry, they keep on top of recent news including changes to relevant group benefit plans, retirement savings options, and guidelines and policies. They also keep their eyes open for informative articles we think are of interest to our current and potential clients. Aurora Workplace Solutions are Trusted Saskatoon Group Benefits and Insurance Professionals! 

Workplace Policy Revisions Regarding Recreational Cannabis

Workplace Policies & Cannabis

Recent changes in the law surrounding the use of Cannabis products in Canada have a lot of employers asking how to handle this in the workplace. This recent article from Global News does a great job offering some suggestions on preparing your organization for handling the legalization of Marijuana and recreational use.

As you can see, now, more than ever, it is important for organizations to ensure they have a good drug policy in place that properly includes provisions for cannabis impairment in the workplace. It’s a good reminder that employers cannot tell their employees what they can and can’t do off duty, but expectations around impairment that could affect an employee’s ability to do their job safely, do need to be clearly outlined.

The legalization of marijuana is still a relatively new issue, but you do need to protect the health and safety of all of your employees with set company policies. As the lawyer from the Global article points out, companies do have to take into consideration the use of medicinal marijuana, so it’s not as simple as having a zero-tolerance policy.

If you have questions about your organization's drug or impairment policy or if you need help creating one, contact the team at Aurora Workplace Solutions.

Aurora Workplace Solutions design & create custom group benefits plans that meet custom organization goals. Read more about their Group Benefits Plans or contact them today to get started!

'Creating Brilliant Futures'


Aurora Workplace Solutions are Trusted Saskatoon Group Benefits and Insurance Professionals! 

Trusted Saskatoon Group Benefits Professionals at Aurora Workplace Solutions Explain Benefit Costs

Aurora Workplace Solutions are about creating brilliant futures by developing wealth security for businesses and individuals. As experts in the industry, they keep on top of recent news including changes to relevant group benefit plans, retirement savings options, and guidelines and policies. They also keep their eyes open for informative articles we think are of interest to our current and potential clients. Aurora Workplace Solutions is a Trusted Saskatoon Group Benefits and Insurance Professionals! 

Employers, Are You Concerned About the Rising Cost of Group Benefits? 

   


A survey from Aon that shows while Canadian employers are highly concerned about the rising costs of group benefits (due to drug expenses), they still prioritize the productivity and engagement of their employees and recognize the importance that group benefits play in creating healthy employees and a healthy work environment.

Canadian group benefit sponsors were surveyed by Aon to identify their Top 10 benefits and workplace priorities. 

The results were:

Top 10 Workforce Priorities

  1. Employee productivity/engagement
  2. Employee wellness
  3. Attracting, retaining employees; developing skills for changing business environment
  4. Workplace mental health
  5. Employee financial wellness
  6. Family support obligations, the effect on productivity and well-being
  7. Chronic illness effect on productivity
  8. Multi-generational workforce
  9. Delayed retirement – productivity and performance challenges
  10. Delayed retirement – employees working past normal retirement age.

Top 10 Group Benefits Priorities

  1. Escalating drug costs generally
  2. Escalating specialty drug costs in particular
  3. Escalating extended health costs generally
  4. Chronic illness effect on plan costs
  5. Need to personalize employee benefits experience
  6. Rising payroll costs (e.g. minimum wage, CPP contributions)
  7. Compliance/governance obligations
  8. Cost-shifting – public to private
  9. The administrative hassle of employee benefits
  10. National Pharmacare discussions

 


“The key takeaway from our survey is that plan sponsors are keenly aware of the need to manage rising benefits costs, but they also put a high priority on ensuring their employees are engaged and healthy,” commented Canadian health & benefits chief actuary Greg Durant. Durant prefaced that although the top priorities sound contradictory, there are ways for employers to achieve a balance – they will just have to “think outside the box” in order to meet both their workforce objectives while creating value for their people. One suggested method to achieve this balance is to create wellness programs that could potentially reduce overall extended health costs.

Aurora Workplace Solutions design & create custom group benefits plans that meet custom organization goals. Read more about their Group Benefits Plans or contact them today to get started!

If you are ready to set up a group benefit or retirement plan, or just want to learn more about their services, just Click Here For A Quote.

'Creating Brilliant Futures'


Trusted Saskatoon community welcomes Aurora Workplace Solutions to the Saskatoon Insurance Category

The Trusted Saskatoon team is thrilled to welcome Aurora Workplace Solutions Inc. to the Trusted Saskatoon community. They have joined the Trusted Saskatoon insurance category, and offer insurance products, group benefits, retirement plans, seminars, and trainingAurora Workplace Solutions Trusted Saskatoon Group Benefits and Insurance Professionals! 

Have You Heard of Aurora Workplace Solutions? 

Aurora Workplace Solutions has over 50 years of combined experience in the industry. They have a reputation for working hard to provide new and improved ideas to serve their clients, and they are always looking to offer an outstanding level of care and professionalism. 

Small and large business owners alike are generally spinning lots of plates. They are busy working on and in their business, and they often rely on Trusted 3rd party advisors to assist them with major financial decisions. The categories most need assistance with are insurance, accounting, legal, HR, and group benefits.  Aurora Workplace is a wonderful choice to assist with several of these areas, and they can be counted on to provide the best possible advice and recommendations for each client and their unique needs. 

Collin Willms is well known in Saskatoon, pre-covid he was a regular attendee at networking events, and consistently stepped up to volunteer his time for various local organizations and charitable events and causes. Collin has great personal style and an easy friendly smile, so it is no surprise that he came highly recommend to the Trusted team by his clients. Collin heads up a stellar team of advisors from across Saskatchewan, as Aurora has offices in Saskatoon, Tisdale, and most recently Regina.  

The insurance and group benefits industry is full of confusing acronyms, and there are so many options to consider; getting the right advice is key! It is great to have a trusted local team focused on finding the right options for their client's individual circumstances. Aurora takes the time to explain the why and the how, they are not the kind of company that you just hear from once a year at renewal time. When we spoke to Auroras clients we heard repeatedly how they considered Aurora to be a part of their team. 

Also, it was noted several times that they go out of their way to get to know their client's businesses really well, this means they can recommend them to their other clients and networks. Collin even went as far as signing up for challenging cross-fit classes with one of his clients Chad, Owner of Synergy Strength and Conditioning,  and now he is a committed cross-fitter who regularly brings guests along, including other clients.  When it comes down to it, the Aurora team are great relationship builders and that is a real strength in the financial industry. 

Don't just take it from us, read the real words from Aurora clients that Trusted representatives gathered. We call and survey the clients of businesses that apply to be a part of Trusted. This is just part of our in-depth Trusted Verification Process and it is a pass or a fail.  We are happy to share that Aurora Workplace Solutions were rated highly by every single client we spoke to, and they passed all of our tests and checks with flying colours. 


"Collin Willms and the team at Aurora Workplace Solutions have been easy, straight forward, and helpful, throughout all our business requirements.  They are quick to respond to questions and offer solutions.  We at CJ Karz auto service are very satisfied with our business with Colin and Aurora Workplace solutions.”- Matt Jamieson and Angela downing at CJ Karz Auto service.


"We've been working with Collin from Aurora Workplace Solutions for a few years now and appreciate their great service and knowledge base. I definitely rate them a 10 out of 10 and would highly recommend them to other business owners looking for workplace benefits for themselves and their employees." Dave T


Aurora Workplace Solutions are well equipped to serve any client. If you need help growing your business.  Check out their listing in the Saskatoon Insurance Category

If you are ready to set up a group benefit or retirement plan, or just want to learn more about their services, just Click Here For A Quote

'Creating Brilliant Futures'


Aurora Workplace Solutions Is A Trusted Saskatoon Group Benefits and Insurance Professional! 

 



Trusted Saskatoon team brags about Trusted Saskatoon Financial and Insurance Advisors Wiegers Financial & Benefits

The Trusted Saskatoon directory team are thrilled to welcome Wiegers Financial & Benefits to the Trusted Saskatoon community. You will find their listing in the Saskatoon Financial Services and Saskatoon Insurance categories on the Saskatoon directory you can Trust.  

Wiegers Financial & Benefits are  Trusted Saskatoon Financial and Insurance Advisors 


It's easy to brag about Wiegers Financial & Benefits! 

Established 25 years ago by Cliff and Deb Wiegers, the company grew from humble beginnings to a level of success that puts it on par with some of the largest financial planning companies in Canada! 

Their approach to working with clients is personal and they are dedicated and committed to getting to know their clients and what they want and need, both at the beginning of the working relationship and as their personal and professional lives change or as their businesses evolve. This commitment is reflected in a process that involves regular contact and a client/advisor relationship that is both comfortable, familiar and special in an industry not often associated with warmth! 

Award Winning Community supporters! 

Wiegers Care for Kids actively fundraises year-round and has already hosted five major fundraising events, raising over $800,000 for the Jim Pattison Children's Hospital


Wiegers Financial & Benefits came highly recommended. 

Many of the Trusted Saskatoon partners are already long-standing clients of Wiegers Financial & Benefits, in fact, they were nominated by Trusted Saskatoon Salon owners, Laddie & Shelley James of Hairstyle Inn Salons - that in itself is a great testament to the high standards and level of care that the Wiegers team bring to the table! 

 Don't take our word for it - hear from more of their happy clients here! 

"The people at Wiegers take care of me personally as well as the group benefits at Reed Security. They're helpful, friendly and always offer a variety of options. I'm also impressed with their community values and the huge dollar amounts they continue to raise for the Children's Hospital. They care!" Virgil Reed, Reed Security, Trusted Saskatoon Alarm & Security Professionals. 
"My wife and I have been accessing investment advice, long-term planning and portfolio management from Wiegers and company for several years. I have found the services to be personalized and tailored to the needs that we have, which wouldn't be the same for people of a different age. Attention is paid to our financial circumstances and our advisor, which in our case is Cliff Wiegers, keeps in touch personally or through others at the company. You have more confidence that people are taking care of the financial affairs under their watch in a careful way when you know that they do not resent making personal contact and obviously see it as an important part of making sure that they understand your needs. They take the time to discuss things which is not always case with service providers. Whether times for investment are good or bad, the need exists for competent guidance and we have received that. It is good to deal with a local company that is also linked in with large financial organizations which offer a range of products that may fit the particular client. I have appreciated the personalized service and attention we receive from the company." Eric Cline, Saskatoon


We are proud to promote and give the thumbs up to Wiegers Financial & Benefits as Trusted Saskatoon Financial and Insurance advisors! 

Check out their listing on the Saskatoon Directory of Excellence by clicking on the links below:

Weigers Financial & Benefits Trusted Saskatoon Financial Services Listing 

Wiegers Financial & Benefits Trusted Saskatoon Insurance Listing





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S & E Trusted Online Directories Inc
TrustedSaskatoon.com
310 Wall St #209
Saskatoon, SK   S7K 1N7
Ph: 306.244.4150

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