How to Prevent Employee Benefits Fraud: A Lesson from Baycrest

Auditing, Education the Key to Safeguarding Against Benefits Fraud After reports of 150 employees being fired or quit over an alleged multimillion-dollar benefits fraud at Baycrest, a prominent Toronto geriatric facility, the first question that often comes to mind is ‘why?’. But for business owners concerned that such an employee crime could befall them, perhaps…

Are Employee Benefits Worth It?

Placing a value on something intangible like employee benefits can be challenging. Depending on what type of benefits are offered, certain benefits can be more valuable to some employees while different benefits are of more value to others. For the sake of argument, let’s consider a standard employee benefits package. A typical employee benefits plan will likely…

3 Reasons Why Employee Benefits Can Help Your Growing Business

If you are starting a new business, or currently working on growing an existing business, you may be considering offering employee benefits to your staff. Of course, the bottom line for your business is to turn a profit while offering useful products and services to your customers. Good business sense dictates that maximizing income and…