What benefits are you offered by your employer? If you don’t know the answer, you’re not alone. Most Canadians don’t take advantage of the benefits that are offered and the rest of us don’t know what’s included at all! Employers will regularly offer extended health benefits to you at minimal or no cost. They’re considered an addition to your wage as an extra privilege for working with their company.
How do you find out what is covered? Your Employer should be able to provide you with a list of what is covered by their company. If they can’t provide a list they will direct you to the benefit provider for more information.
So many people are surprised with what is covered under your extended benefits. They can include access to a:
- Chiropractor (treating back pain)
- Osteopath (focuses on total body health by treating and strengthening joints, muscles, spine, etc)
- Chiropodist (treating and rehabilitating feet and lower limb conditions)
- Massage Therapist (variety of benefits – pain relief, stress relief, etc)
- Naturopath (based on vitalism and folk medicine)
- Speech Therapist (treating and rehabilitating speech impediments)
- Physiotherapist (improving function of muscles and movement)
- Psychologist (counselling therapy.)
Every benefit plan is different; yours may cover a specific percentage of the cost, a percentage up to a specific dollar value a year, a standard amount of coverage each year or potentially 100% coverage on all extended benefit costs.
Employee benefits are not always considered health and dental plans. It can be having a flexible work schedule and a lenient dress code. Giving the opportunity for employees to work from home helps promote a great work/life balance which is important. Most employees tend to view this as a privilege and it creates a strong employee loyalty to the company. Those companies that offer benefits like these tend to have a much lower turnover rate than companies that do not.
Some employers will also offer Group RRSPs or Group Profit Sharing Plans. These are a great way to save for your future without feeling the added stress of saving each month yourself! Some employers will actually match a specific percentage of the amount contributed to RRSPs each paycheck. That’s free money to go towards your retirement!
It is so important to make sure you know exactly what benefits are offered and covered by your employment. This will allow you to take advantage of these benefits and enjoy your what your employer offers!