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Benefits. Chapter 13. Benefits – Five types of indirect payments. Government a) EI b) CPP c) WCB d)Health Care 2. Pay for time not worked a) Vacation/holidays b) ST/sick leave c) LOA d)Pay on termination of employment. Benefits – Five types of indirect payments.
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Benefits Chapter 13
Benefits – Five types of indirect payments • Government a) EI b) CPP c) WCB d)Health Care 2. Pay for time not worked a) Vacation/holidays b) ST/sick leave c) LOA d)Pay on termination of employment
Benefits – Five types of indirect payments 3. Insurance a) Life b) Supplementary Health Care c)LT Disability 4. Retirement a) Pension plans – DB or DC b) Vesting/portability
Benefits – Five types of indirect payments 5. Employee services a) Personal • Credit union • Counseling • EFAP b) Job Related Services • Child care • Elder care • Employee transportation • Food services • Educational subsidies
Benefits – additional considerations • Family friendly • Flex Benefits • Benefits Admin