Your company does a great job providing employees with benefits and a wellness program. You and the rest of the leadership understand the purpose and value of these services to both your employees and the company. But are you getting value for the benefits you provide?
Benefits costs are rising but are they returning a value?
In 2015 the average cost of providing benefits for full-time employees was $8,330 per year, according to a survey conducted by The Conference Board of Canada, Benchmarking Benefits 2015. Today that number is over $9000 with the biggest portion going to pension and retirement benefits.