Gamification The Science and Software to Make Your Team Happy and More Productive at Work Organizations have seen the rapid ascent of computing technology for employee well-being in the last two decades. This includes a broad range of applications, employees monitoring and managing their own health, and with games transforming long periods of unrewarding work to something fun. Question is can managers reward their employees with their achievements while lowering healthcare costs and decrease absenteeism? The term called ‘Gamification’ became...read more
Critical Illness insurance is a “Living Benefit,” that provides you with a Tax-Free lump sum payment upon diagnosis of a critical illness. It can be purchased to cover you and your family (children between 15days-17 inclusive) for up to 30 qualifying conditions. The coverage is designed to mitigate financial struggles when an individual is unexpectedly diagnosed with a life-threatening condition such as;read more
Being Smart with Your Finances Starts with Understanding Your Retirement Plan & Having an Investment Strategy
Being Smart with Your Finances Starts with Understanding Your Retirement Plan & Having an Investment Strategy A pension plan is a valuable component to any retirement plan. If you are participating in a pension plan at work, you should be receiving a pension plan statement at least annually from your pension plan provider illustrating the performance of your pension plan. Read your statement carefully, often it will include an estimate of the projected income you could expect at retirement.read more
The TFSA was introduced to us on January 1, 2009 by the Conservative Government to curb the growing belief that Canadians are becoming inherent spenders, not savers. Since then, the TFSA allows Canadians to contribute in a tax sheltered and ultimately tax-free environment. Any investment growth, interest and capital gains accumulated within the investment are considered effectively “Tax-Free”.read more
Registered Retirement Savings Plan contributions are arguably one of the most beneficial tax deductions available to Canadians.
RRSP contributions for 2016 must be made by March 1, 2017, and they can be done either in advance or to catch up on a previous year’s available contribution room. Here some information on how to reduce your income tax, and learn more about the maximum contribution limits!
The demographics of Canada are rapidly changing due to the aging Baby Boomers, but what does that mean for the financial wellbeing of other generations, especially Millennials?
We have seen that Millennials are entrepreneurial leaders who are passionate about advancing the economic, social and environmental health of themselves and others. However, unlike other generations, they often start their career with student debt and expensive living costs.read more
Meghan and Wayne were high school sweethearts and had been together for years before they were married in 2009.
In the year 2014, Meghan decided to get her second degree in early childhood education, planning to be a high school teacher. While she was receiving her full-time education, Wayne was working full-time at a car dealership as a sales representative. The couple didn’t have much savings but they had big hopes for a future.
Tragic events can happen to anybody; to ourselves, our friends, our family, our children or our colleagues. It is reassuring to know that there is a system in place to help and overcome those difficult times.
Employee Assistance Program (EAP) provides a confidential and voluntary consultation support to employees and their families. It is completely confidential within the limits of the law. The program can be initiated over the phone, by personal appointment or online and self-guided resources.read more
A new year brings many different opportunities and challenges. It’s also the time that many people try and improve themselves through New Year’s Resolutions. But for most, these are often easier said than done. Even if we do manage to start on our lists, it’s usually the follow through that derails our efforts. Despite our good intentions we let other aspects of our lives get in the way of these goals. Here are a few tips that may help you complete some of your 2016 resolutions.read more
Cancer is the leading cause of death in Canada. In fact it is responsible for 30% of all total deaths in the country. It is estimated that 2 out of 5 Canadians are expected to develop some form of cancer in their lifetimes, and 1 out of 4 of those diagnosed will die from it.read more