Analyzing your employee benefits program, a smart choice!

Benefits analysis allows you to assess the total cost of benefits and usage, assess ROI, spot unnecessary spending, and improve efficiency by addressing benefits holistically.

Here are the indicators analyzed by our Valeo+ experts

Cost containment

Plan design

Resource usage

Service agreement in place

Possible optimizations

Compliance

Analysis of compliance with current regulations and the governance strategy used.

Communication

Evaluation of the communication elements put in place to promote adherence to your program

Technology

Use of internal technology and processes

Protection (Group insurance)

Evaluation of providers, coverages and different plan features

Savings (collective retirement savings plan)

Analysis of the investment offer, evolution, pricing and other characteristics of the scheme

EAP (Employee Assistance Program)

Program performance analysis

Penetration rate

Financial return on investment

Why such
analysis ?

Our analysis, carried out by our team of experts made up of benefit advisors, accountants, approved insurers and financial planners, also allows you to:

  • To have an accurate picture of your social benefits offer;
  • To evaluate whether your offer is competitive compared to your main competitors;
  • Obtain concrete recommendations from experts to ensure profitability
  • your program;
  • To have tools to align your HR strategy for the coming years.

Why such an analysis?

Our analysis, carried out by our team of experts made up of benefit advisors, accountants, approved insurers and financial planners, also allows you to:

  • To have an accurate picture of your social benefits offer;
  • To evaluate whether your offer is competitive compared to your main competitors;
  • Obtain concrete recommendations from experts to ensure profitability
  • your program;
  • To have tools to align your HR strategy for the coming years.

Our analysis, carried out by our expert team of benefits advisors, accountants, approved insurers and financial planners, also allows you to:

 

 

  • To have an accurate picture of your social benefits offer;

  • To obtain concrete recommendations from experts to remain competitive in the job market;

  • To save time;

  • To have tools to align your HR strategy for the coming years.

The key stages of the analysis

1. Gathering information

We gather information allowing us to carry out a complete review of your offer and your human resources policies. 

2. Benefits audit

The ultimate goal of the benefits audit is to identify whether your current offer is an expense or an investment in the future of your business.

3. Strategy design

You will also get our recommendations in the report that reflect the unique reality and needs of your organization.  

4. Presentation

We will meet for the submission and explanation of the report.  

Good to know 💡

 

Our analysis is based on the best practices of the Financial Consumer Agency of Canada and provides an accurate picture of the performance of your benefits offer as well as obtaining recommendations from industry experts.

Questions ? Our team is ready to answer you!

QUEBEC CITY

725 Lebourgneuf Blvd., Suite 401

Quebec City, Quebec G2J 0C4

(418) 658-7382

 

MONTREAL

6400 Auteuil Ave., Suite 300

Brossard, Quebec J45 3PZ

(514) 309-3450

 

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