Financial Health at the Heart of Your Employee Benefits Strategy

Financial Health at the Heart of Your Employee Benefits Strategy

Group insurance is evolving into group benefits. Employers no longer want just a plan that reimburses care. They want a comprehensive program that brings together insurance, health, wellness and, increasingly, the financial health of their employees.

The need is real. Nearly half of Canadian workers (44%) are now experiencing financial stress, and the resulting productivity losses are estimated at $74.3 billion, according to the National Payroll Institute. Yet in many organizations, the group RRSP remains a stand-alone financial product, disconnected from the wellness strategy.

This panel brings together experts in group savings, group insurance and human resources to tackle a simple question: how can financial health become a pillar of the benefits strategy, rather than just another service?

Key points:

• Today’s challenges for group plans: rising costs, changing employee expectations and programs still managed in silos.
• Why financial stress is a health, productivity and retention issue, just like mental health.
• How the group RRSP and other savings plans can support a real financial health strategy through education, guidance and one-on-one advice.
• Integrated “360” approaches that bring insurance, wellness and financial health together in a single program, and the role of brokers and actuaries in designing them.

Businesses, associations, unions, brokers and actuaries will leave with a clear view of the opportunities an integrated approach offers. They will also gain practical guidance to build or enhance a program that supports employees’ overall health, including their financial health.

Conférenciers