Learn about employers' attitudes towards offering employee benefits: what insurance and non insurance benefits Canadian employers currently offer and whether Canadian employers prefer to use a single carrier for all their benefit needs.
Summary
LIMRA surveyed 1,200 Canadian employers to determine the latest trends in penetration rates for employee benefits and retirement and savings plans (e.g., what percentage of employers offer various benefits). The survey focused on private employers with five or more employees that had been in business for more than one year. Respondents were the individuals who made or shared in their firm’s decisions concerning employee benefits. Employers commented on:
- The insurance, retirement, and non-insurance benefits they offer
- Which benefits are offered on a basis where the employee pays 100 percent of the cost
- Their reasons for buying or not buying insurance and retirement benefits from the same insurance carrier
- How they approach employee benefits strategy
