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SaskWorks Employer Plans

The war for talent can be hard fought and full of many challenges, but using pension plans and benefits as a means to attract, retain and reward employees can help win the battle. Getting it right reduces turnover and ultimately saves costs related to having productive employees versus going through the hiring cycle again and again.

Defining and differentiating a payroll savings program is another way to set your company apart from the competition…

Differentiate your business from the competition; the traditional method of assuming and hiring from deep pools of talent may be over. Attracting new talent may require a more strategic approach that recognizes changing workplace demographics, utilizing technology as an added incentive.

Increase Productivity When plan members spend less company time attending to their personal financial matters, employers can expect less absenteeism. *Source: Pensions and Benefits Monitor

Reduce Turnover and hiring costs ; 56% of individuals surveyed said they would be reluctant to leave their employer because of their plan and other benefits *Source: The Benefits Canada survey on Capital Accumulation Plan Members

Attract and retain better qualified candidates Having a group plan can help employer retain existing employees and attract new qualified candidates because it differentiates them from the competition. *Source: Advisor’s Edge

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Copyright ©2011 Lifestyle by Design. All rights reserved
SaskWorks Ventures Fund Inc. is a registered labour-sponsored investment fund. The offering is made by prospectus, in Saskatchewan only, for provincial residents. An investment in the Fund is subject to substantial risk; share values and returns will fluctuate. Redemptions are dependent on net income and retained earnings, and may be restricted in certain circumstances. If redeemed prior to the eighth anniversary of purchase, you may be subject to an early redemption fee, and to repayment of tax credits. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated. Please read the prospectus carefully before investing.