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Employers are increasingly interested in flexible programs benefits



13 March, 2019 09:30

Photo : Freepik

Canadian employers are increasingly establishing their benefit plans on the flexibility, the mental health and virtual care, according to the report, Benefits Benchmarking 2019 : Innovation and Flexibility Lead the Way of the Conference Board of Canada.

Although the plans of traditional health care remain the most common, nearly two-thirds of canadian employers are now offering benefits of health care expenditures to employees, revealed the report, which surveyed 217 organizations with more than 1.2 million employees across Canada.

Multi-generational workforce

“For canadian employers seeking to attract a multi-generational workforce, flexibility and choice are the key words of benefits in terms of health and well-being, supports Monica Haberl, a senior research associate at the Conference Board of Canada in an announcement. Supplement benefit plans with fixed expenditure accounts for health care offers flexibility and choice to employees while maintaining the predictability of the costs of the company. “

The report also indicates that employers may be more focused on health measures and preventive medications, as well as technologies such as telemedicine, virtual, pharmacogenetics and the applications of fitness and well-being to foster well-being and to prevent diseases before they arise.

Mental health and well-being

The study revealed that about two-thirds of all organizations surveyed have introduced or enhanced their strategies to help employees with their mental health and their well-being. Psychological services are one of the most commonly offered and have a coverage maximum annual average of $ 800 (compared to 694 $ in 2015).

Sixteen percent of the organizations surveyed have increased their advantages in terms of psychological health since 2015, the year of the last survey.

Medicinal Cannabis

At the present time, only six per cent of respondents cover the medicinal cannabis, primarily through the allocation of health care spending. However, 48% of respondents indicated that they planned to cover cannabis for medical purposes in the future.

The report also found that the costs of the benefits were relatively stable, representing 10 % of payroll, or an average of 9 011 $ per full-time equivalent. “That being said, the control of costs remains the main priority of the organization, the report says. More than a third (34 %) of organizations reported that controlling costs was the main priority of their policy benefits. “

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