Butterfly Benefits Blog
Are Employers Falling Short on Employee Benefits? Survey Reveals Gaps in Satisfaction and Opportunities for Improvement
In today’s competitive job market, employee benefits play a pivotal role in attracting and retaining top talent. A recent survey by Robert Walters Canada...
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The Power of Workplace Culture: Why It Matters More Than Ever
Workplace culture is no longer just a buzzword; it’s a critical factor in attracting and retaining talent. According to a recent survey by Dayforce...
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5 Key Trends Shaping the Future of Health Insurance in 2024 and Beyond
At Butterfly Benefits, we pride ourselves on staying at the forefront of the employee benefits landscape, ensuring our clients are equipped with the most...
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Addressing Canadians’ Retirement Fears Through Group Benefit Strategies
A recent survey by the Canada Pension Plan Investment Board (CPPIB) found that nearly two-thirds (61%) of Canadians are afraid of running out of...
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Welcome to Butterfly Benefits: Your Hub for Customized Health Insurance and Employee Benefit Solutions
At Butterfly Benefits, we’re transforming the landscape of employee benefits, travel insurance, and individual health insurance. Our new website is designed to make your...
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Applying the 80/20 Rule to Group Benefit Plans: Managing Costs and Improving Impact
The 80/20 rule, also known as the Pareto Principle, is a powerful concept that can be applied to various situations to help identify where...
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Navigating Canada’s High-Cost Drug Landscape: How Employers Can Innovate Benefit Plans to Manage Costs
The escalating cost of prescription drugs in Canada presents a growing challenge for employers. Balancing the need to offer comprehensive benefits while managing rising...
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The Power of Flexibility: How It Impacts Mental Health in the Workplace
In today’s fast-paced work environment, flexibility has become more than just a perk—it’s a necessity. According to a recent report from Telus Health’s mental-health...
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Canadian Employees on the Move: How Your Company Can Stay Competitive
A recent survey conducted by Robert Half Canada Inc. revealed some startling statistics: half of Canadian employees are planning to search for a new...
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Meeting Your Employees Where They Are: Time to Re-Evaluate Your Benefit Plan
In today’s dynamic workplace, staying attuned to the evolving needs of your employees is crucial. A recent report from Manulife Financial Corp. highlights significant...
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Thriving in a Competitive Job Market: How Canadian SMEs Can Attract and Retain Top Talent
In today’s dynamic job market, Canadian small- and medium-sized enterprises (SMEs) are facing significant challenges in attracting and retaining employees. According to a recent...
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Maximizing Employee Benefits: Integrating HSAs and WSAs for Optimal Health and Wellness
In today’s competitive job market, offering comprehensive employee benefits is crucial for attracting and retaining top talent. Among the various perks, Health Spending Accounts...
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Navigating the Maze: Differentiating Between Benefits Advisors and Insurance Carriers
In the complex terrain of health insurance and employee benefits, individuals often grapple with understanding the roles of various players involved. Among these, benefits...
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Empowering Retirement Planning: How Employers Can Shape Financial Destinies
In today’s ever-changing economic landscape, retirement planning has become a critical aspect of financial wellness for Canadians. With soaring aspirations and evolving financial conditions,...
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Embracing Flexibility: A Key to Retaining Talent in Today’s Workforce
In the ever-evolving landscape of the modern workplace, the dynamics between employers and employees have been undergoing significant shifts. A recent survey conducted by...
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Flexible Work and Co-Working: A Winning Combo for Productivity and Job Satisfaction
Embracing Flexibility and Co-Working Dynamics: In recent years, the traditional 9-to-5 work structure has evolved dramatically. As technology progresses and the importance of work-life...
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The Synergy of Health and Wellness: Exploring the FSA Advantage
In our recent blog series, we’ve explored the benefits of both the HSA and WSA. Today, we’re delving into the combined approach, often referred...
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Navigating Employee Well-being: Unveiling the Potential of Wellness Spending Accounts (WSAs)
In the realm of progressive employee benefits, Wellness Spending Accounts (WSAs) stand tall as a beacon of empowerment, catering to the diverse needs and...
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Harnessing the Power of Health Spending Accounts (HSAs) for Small Businesses: A Cost-Stable and Flexible Benefits Solution
In the landscape of employee benefits, Health Spending Accounts (HSAs) have emerged as a beacon of financial stability and flexibility for both employers and...
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Unraveling the Benefits of Flexible Spending Accounts for Modern Employees
In response to the evolving needs of today’s workforce, employee benefits have undergone a significant transformation. Among these adaptations are Flexible Spending Accounts (FSAs),...
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The Invaluable Role of a Group Benefits Advisor: Navigating Tailored Solutions for Your Team’s Well-being
A good group benefits advisor is more than a facilitator of insurance plans; they’re a strategic partner in enhancing your team’s well-being. Their value...
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Empowering Financial Wellness: The Vital Role of Group Savings Plans in Today’s Workforce
In today’s dynamic economic landscape, financial security is a matter of paramount importance for employees. Many individuals find themselves grappling with uncertainties about their...
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Hybrid Benefit Plans: A Paradigm Shift in Employee Benefits for a Changing Business World
In today’s dynamic business landscape, companies are constantly seeking innovative ways to provide their employees with comprehensive and cost-effective benefits packages. One such innovation...
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Butterfly Benefits: Symbolizing the Ongoing Metamorphosis of the Employee Benefits Landscape
In nature, the journey of a caterpillar’s transformation into a butterfly is a fascinating tale of evolution and potential. This metamorphic process is not...
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Navigating Employee Benefits: A Comprehensive Guide to Choosing the Right Benefit Advisor
In today’s complex and rapidly changing business landscape, having a competent benefit advisor by your side is crucial for making informed decisions regarding employee...
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Unlocking the Benefits of Health Spending Accounts and Digital-First Administrators
In today’s competitive job market, attracting and retaining top talent is crucial for any organization’s success. As the needs and priorities of employees evolve,...
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How Technology is Revolutionizing Group Benefits: Accessible, Personalized, and User-Friendly.
Technology is revolutionizing the way employers manage their group benefits programs. With the rise of digital solutions, group benefits are becoming more accessible, user-friendly,...
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Why a Group Savings Plan is a Game-Changer for Younger Employees and Employers Alike
A group savings plan is an excellent way for younger employees to save money and achieve their financial goals. As they embark on their...
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Maximizing the Value of Your Benefits Advisor: How to Utilize Their Expertise to Find the Right Benefits Solution for Your Organization
Benefits advisors are professionals who specialize in helping organizations design and implement employee benefits plans that align with their specific needs and demographics. They...
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Levelling the Playing Field: How Group Benefits Can Benefit Small Businesses
Small businesses have the same need for employee benefits as large corporations, but often have limited resources to provide a comprehensive package. However, group...
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Maximizing Your Group Benefit Plan: The 80/20 Rule
The 80/20 rule, also known as the Pareto principle, is a concept that states that roughly 80% of the effects come from 20% of...
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Maximizing Your Employee Benefits Budget: Prioritizing for Success
As a business owner or HR manager, you understand the importance of offering a comprehensive employee benefits package to attract and retain top talent....
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Gamification: A Fun and Engaging Approach to Employee Well-Being
As the workplace becomes increasingly digital, it’s more important than ever to prioritize employee well-being. After all, happy and healthy employees are more productive,...
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Needs of the Few Versus the Needs of the Many
As a business owner, you know that offering employee benefits is an important part of attracting and retaining top talent. But have you ever...
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