Senior Executive Comprehensive Health Strategy A senior executive comprehensive health strategy, often referred to as an executive health program or executive wellness program, is a specialized healthcare approach designed specifically for senior-level executives and leaders within an organization. This strategy aims to address the unique health and wellness needs of individuals in high-stress, high-responsibility positions….

Taxation Issues Employer paid group life, CI, AD&D and dep. life premiums are taxable benefits for employees. Long Term Disability benefits are not taxed when received, if the premium is 100% paid by the employee. LTD benefits are taxed if the employer pays ANY portion of the premium unless it is shown as a regular…

Many people wonder, what is biodiversity? It simply means you have many different types of plants and critters in your garden. Many gardens are not biodiverse and are dominated by lawns of non-native grasses and ornimental plants from outside North America. Our native animals have evolved along side native plants. A garden high in biodiversity…

Employee engagement and benefit plan survey Are you thinking about adding and employee benefits plan to your employees’ compensation plan? You might want to ask them whether they want or need a benefits plan first. In my conversations with business owners they are reluctant to add expenses unnecessarily and who can blame them but most…

Are you a small incorporated business owner who is paying for your health and dental expenses out of pocket? There is a better way.

Make Sure to Finish your Milk Will In our personal and professional lives, we deal with deadlines all the time. Many of the things we do on a regular basis have firm due dates — meeting a client’s timeline, arranging financing for a real estate closing, filing taxes by April 30th, or even finishing the milk…

Did you know that the cost of mental health problems and illnesses to the Canadian economy is reported to be at least $51 billion a year? In an average week, mental health issues caused 500,000 Canadians to miss work. When we think about health and safety in the workplace we sometimes only think about physical…

By Julie Holden, Principal – Holden and Associates Consulting Inc. Most employers understand the need to accommodate an employee when they’re ill, but what does this mean and when does it start? It actually starts during the recruitment phase. If a prospective employee in for a job interview asks to switch the date or time…

What key areas can create big problems? How can you shield your business from hidden risks? Is your plan administrator part of the problem? Late Enrolment Most employee benefit plans require all new, full-time staff to serve a waiting period before they are eligible for their employee benefits. The waiting period is commonly three months…

Lower after-tax cost There are several tax advantages of owning life insurance inside a corporation. The first is the lower-after tax cost of premiums. To pay a $1000 premium a high income earner taxed a 48% would need to earn $1923 whereas the corporation taxed at 12.5% would need to earn only $1142 Passive income…