Choosing the perfect benefit provider for your company is a high-stakes decision not to be taken lightly. All companies, even small businesses, ought to have their own unique company culture and environment, tied together by employee benefits. Finding out what benefits work for your workforce and workplace is paramount to success, but it’s often a job that isn’t given the proper professional attention. 

A benefits agency employs benefits brokers, who aid companies and HR professionals in determining which benefits would suit the workforce best, and which vendor is going to provide that particular benefit. A very good benefits agency teaches their brokers to take note of important company details such as the size of the workforce, the budget for benefits, and more. 

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Read more: Positive Benefits COVID-19 Has on Employee Benefit Plans

The right benefits agency is an indispensable piece of the equation to a booming business backed by great benefits for its employees. We’ve come up with some useful points to keep in mind when looking for a benefits agency for your company:

Experience is The Greatest Teacher

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When looking for the right benefits agency, you’d want one with years in the game. Experience says it all for a benefits provider. An established agency will easily tailor a holistic benefit plan that checks all the boxes for your company, and as such, could offer up to 20 different benefit products. This is the type of benefit agency that’s going to consider everything, from your budget plan, to your HR policy, to your annual goals. Don’t settle for an agency content to just shop around for prices. Instead, connect with an agency that knows how to approach a company’s unique situation and make a plan that nets you the best results.

Bring In The Value

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The right benefits agency employs consultants who don't just know how to do their job, but also know how to roll with the punches and prepare their package offers for unforeseen circumstances that realistically, could occur any time. An employee’s mother might suffer a sudden heart attack, or an employee’s child could have suffered an accident. Whatever the situation, the right benefits agency has consultants who take into account the possible risks or pains employees would suffer when developing the right benefits coverage that gives the right value to your company. The right agency is the one that’s thinking ahead for your satisfaction.

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Read more: Positive Benefits COVID-19 Has on Employee Benefit Plans

The Tech Gap

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With vendor choices ever expanding, the number and choices of benefit products evolve as well. Choosing a benefits agency means placing emphasis on efficient service via the right and up-to-date technology and software. Support tools are major factors in the success of a benefits agency’s operations and often mean the difference between the right group benefit plan and a group benefit plan that falls flat. Many benefit products such as disability or critical illness insurance, ID theft protection, wellness options, or even pet insurance rely heavily on technology and the ability of the benefit provider’s platform to adapt to new offerings, automate workflows, and provide engaging support features. However, top-tier benefits agencies know that technology is not the be-all-end-all. These quality benefit agencies mix technology with an unbreakable attention to customer satisfaction and service. So, when looking for the right benefits agency, consider the agency that has both great tech capability, and prime customer service.

That’s Where We Come In

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BenefitsPensions Consulting (BP Consulting) is Canada’s first paperless Benefits & Pensions Consulting Firm, and we have a full team of capable, experienced, and reliable benefits consultants. Each of our consultants can guarantee effective strategies that are customized and tailored using the latest technology to fit your company’s goals, philosophy, and team. We’re trusted by businesses all over Canada, with offices in Montreal, Toronto, Vancouver, and Calgary. 

If you’d like to know more about how we can help you provide your employees with benefits that will enrich their lives and the company itself, give us a call with this number: 1.877.228.3388. Or, you can email us at info@benefitspensions.com

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Read more: Why You Must Consider an Employee Benefits Consultant