September 9, 2021
Dusan Baic

How To Minimize Short Term Disability Costs [employer guide]

September 9, 2021
Dusan Baic

There's no denying that every organization is powered by the people that run it. Unfortunately life events transpire, people get sick and they need to take time off work. In fact, 1 in 3 employees will have a sickness in their lifetime that will cause them to need 90 days off work (source: RBC Insurance). It's important to support your employees during this time so that they can recover comfortably and come back to the team productive and healthy. For these shorter term absences, employers can look into options such as paid sick leave and/or short term disability insurance.

Offering short term disability insurance can be an expensive benefit that requires strategic setup so that its coverage is maximized and costs minimized. We explore several of these strategies in our 10 minute video below.

If you would like to discuss these options for your business please reach out to your benefits advisor or contact us at service@beneplan.ca.

Watch The Video

Subscribe

Get curated insights from the health benefits space every month.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Other Great Reads

Green Shield Canada Launches GSC everywhere, its new member website and app

Sep 16, 2021

How to Negotiate your Benefit Premiums [small business guide]

Aug 26, 2021

Can Workplaces Mandate The COVID Vaccine?

Aug 13, 2021

How To Budget For Benefit Renewals

Aug 12, 2021