NEED HELP WITH BENEFITS? WCBC PROVIDES BENEFITS CONSULTING SERVICES.
Here is how we have helped organizations align their benefits offerings with their organization’s goals:
Strategic Planning and Design
- Strategic Planning: Objectives, guiding principles, alignment with workforce needs and integration with total compensation.
- Design: Traditional and flexible benefits programs.
- Benchmarking: Comparison to benefit programs to that provided by other employers.
Implementation and Support
- Implementation: Assistance with implementation of new group insurance providers and investment managers, including negotiation of terms, establishing administration systems and procedures, execution of governing contracts and communications with employees, unions and other stakeholders.
- Support: Ongoing support with respect to claims, administration and communications.
Financial Analysis
- Funding: Risk analysis and design of appropriate funding methods.
- Benefit Plan Annual Renewals: Analysis of financial experience and employee demographics, financial simulations and negotiations with insurers.
Competitive Bids
- Competitive Bids: Development of specifications, obtaining competitive bids from insurers and investment managers, and evaluation of proposals.
Employee Communications and Collective Bargaining
- Employee Communications: Development of communications strategies, including booklets and other written materials, presentations, intranet strategies, enrolment materials and annual communications.
- Collective Bargaining: Bargaining assistance including development of proposals, costing of possible additions or enhancements and consideration of alternatives.
Retirement and Governance
- Retirement Plans: Governance counsel, review of investment performance and monitoring of provider services.
Canadian Benefit Programs: 2025 Update
On January 1, 2025, contribution limits, contribution rates and benefit maximums changed for certain Canadian benefit programs.
- Employment Insurance (Federal)
- Employment Insurance (Quebec)
- Quebec Parental Insurance Plan
- Canada Pension Plan
- Quebec Pension Plan
- Registered Pension & Savings Plans
- Old Age Security
WCBC has summarized the new amounts for 2025.
Have questions? Please don’t hesitate to contact us!
Giovanna Lau
Director, Employee Benefits
Phone: 604.443.3703
Email: giovanna_lau@wcbc.ca
Megan Lizee
Office Manager
Phone: (604) 683-9155
Email: megan_lizee@wcbc.ca
