Do employers have to offer health insurance to employees?
Employers are required to provide their employees with certain benefits, but some, like health, dental and life insurance are optional.
What benefits do they have to offer?
- Employment InsuranceOpens a new website in a new window (EI) – paid for by employer and employee
- Canada Pension PlanOpens a new website in a new window (CPP) or the Quebec Pension PlanOpens a new website in a new window (QPP) – paid for by employer and employee
- Worker's CompensationOpens a new website in a new window (WC) or Workplace Safety and Insurance BoardOpens a new website in a new window (WSIB) – varies by industry and work environment
The benefits of additional employee benefits
Attract and keep employees – A benefits or savings plan can help you find and keep top talent, staying competitive.
Healthier employees – Benefits help keep your employees healthier by making health care costs easier to afford, which can lead to fewer sick days.
Morale boost – Knowing you care about their well-being builds loyalty and appreciation.
Tax advantages – The cost of many employee benefits can mean a tax deduction for the employer.
A foundation for success – Offering employee benefits sets the stage for you to succeed and grow by attracting, hiring and keeping good employees.
When should you consider getting health benefits for employees?
There are benefits plans available for companies as small as 2 employees.