- A Flex Benefit plan is designed to help an employer control costs
- an employer budgets a dollar amount per hour per employee, this amount is
contributed toward benefits ( $1 per hour x160 hours per month = $160 per employee )
- excess funds not needed for benefits are contributed to an employees RRSP
- Flex designs removes the responsibility from the employer of designing one Benefit Plan
suited to all employees, by offering benefit choices
- a Flex plan is designed to treat each employee equally financially, this will improve
employee Retention !
- this plan is 100% Pooled Priced helping to control costs ( learn about Pricing Employee Benefits)
BENEFITS TO THE EMPLOYEE OF A FLEX DESIGN
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A Flex Benefit plan is designed to provide an employee with benefits to match the
various stages of family development
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single employees and employees with coverage already in place are treated equally
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money not used for Extended Health and Dental is contributed into their RSP program
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when an emlpoyee receives a benefit from their employer they have a reason to
remain loyal
Plan Descriptions Get A Quote Things You Need to Know Contact Us
Bruce A Hollett & Associates
401-1630 Pandosy Street
Kelowna BC V1Y 1P7
voice 250-861-1006 or 1-866-861-1006 fax 250-861-6177, e-mail questions@telus.net