A Proven Strategy for Containing Employee Benefit Plan Costs With elevated inflation causing everyone to take a closer look at their expenses, we wanted to introduce (and remind those who are already members of the Immix Group Client Community!) the many advantages of our broker-managed pools. Table of Contents Back in May 2020, we wrote […]
Author: Immix Group
Virtual Health Care is Everywhere
Virtual Health Care is Everywhere: Employer vs. Free Options, and the latest in Offerings. Back in 2020, we wrote about virtual care offerings, at the time prompted by the pandemic and the lockdown we were experiencing, which made routine doctor visits close to impossible. While virtual care was available pre-pandemic (in fact, it dates […]
Top Benefits Conversations of 2022
It’s a wrap! As we begin the New Year with refreshed energy and excitement for what 2023 may bring, we wanted to share a recap of the key stories in benefits over 2022. Extreme Difficulty in Hiring The theme of our client meetings this year can be summed up in one simple sentence “Where […]
8 Reasons for Increases to your Employee Benefit Plan Premiums
Pondering the question: “Why do my benefit plan costs keep going up?” We’ve got answers. If you’ve walked away from your renewal meeting scratching your head at the rate adjustment, you’re unfortunately not alone. Many advisors don’t do a great job explaining a rate change, and the math used by insurers can be quite (unnecessarily!) […]
One size fits all? Not when it comes to employee benefits.
Yes, it’s possible to gain the pricing advantage found within a benefits pool while also having control over your plan design! When we begin discussing the strategy that Immix has created when it comes to group benefit plans one of the first questions we are asked is whether belonging to a benefits pool means having […]
Check to Ensure your Benefits Quote is Actually for a Comparable Plan
5 Key Areas to Check to Ensure your Benefits Quote is Actually for a Comparable Plan Inflation is on everyone’s mind; wherever you look, prices are rising. Unfortunately, benefit plans are not exempt from this. When the cost of dentist visits, medical items and procedures goes up, the result is often higher claims. This can […]
Part 2: The Hybrid Work Model: Is working from home an “employee benefit?
In the first part of this two-part article on the hybrid work model, we discussed remote work from a productivity perspective. For the most part, the numerous studies that are coming out are stating that productivity is either unaffected or increased, and this is especially true for knowledge workers. In addition, most employees prefer working […]
The Hybrid Work Model: Is working from home an “employee benefit”?
At the peak of the pandemic, estimates were that over 40% over people were working from home. As we transition out of the pandemic many are now embracing remote work in a new way, even when given the option to return to the workplace. But will it stay this way? Is remote work a good […]
Add to your Recruitment and Retention Toolkit with a Group Savings Plan
Group Savings Plan Are you having a hard time finding and keeping great people? Don’t overlook the power of enhancing your benefits offering with a simple yet effective retention tool: a company savings plan. We are hearing from clients and peers that hiring and keeping great people is more difficult right now than anyone can […]
3 Action Steps Employers Can Take to Reduce Employee Financial Stress and Increase Financial Literacy
By Lindsay Byrka | BA, BEd, CFP Vice President, Immix Group: An Employee Benefits Company How can you assist your employees in achieving financial wellbeing? November is Financial Literacy Month in Canada, and one of the key themes for 2021 is the importance of building financial resilience in challenging times. When it comes to promoting employee wellbeing, we […]