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How To Use a Benefit Plan as a Compensation Tool

When people think about compensation, salary is often top of mind. But for today’s workforce, total compensation includes more than what’s on the pay stub. A strong employee benefits plan shows employees they’re valued, supported, and part of something bigger. With CSBT, organizations can offer meaningful coverage that supports their team, both at work and in life.
Competing for talent in a changing world
Attracting and retaining great employees will set your business apart. With talent in high demand across Canada and more job seekers looking beyond their own communities, it’s not just local businesses you’re competing with anymore. Remote work, flexible schedules, and global job boards have changed the game.
For community service organizations and non-profits, the challenge is even greater. You may not always be able to offer the highest salary, but you can offer a well-rounded compensation package that includes valuable, accessible, and flexible benefits.
Why employee benefits matter
For many employees, especially younger generations, benefits are just as important as salary when deciding where to work. Health and wellness coverage, mental health support, and peace of mind protection all send a clear message: we care about you, not just your work.
Here’s how a benefits plan can be a valuable tool in your compensation strategy:
Employees feel valued
Offering health and wellness coverage shows your team that their well-being matters. It creates a culture of care and respect – something every workplace needs.
Better benefits without the guesswork
With CSBT, you get access to benefit plans designed with organizations like yours in mind – flexible, affordable, and built to deliver real value. As a non-profit trust, we focus on helping you support your team with meaningful coverage, without overspending.
Peace of mind for what-ifs
Disability, life, and critical illness insurance help support employees and their families when life takes an unexpected turn. Just knowing they’re covered brings real peace of mind – and builds lasting loyalty.
Reduced out-of-pocket expenses
Without a benefits plan, employees may delay care or struggle to afford treatments. With coverage, they can access what they need without the financial stress.
Built for your team’s needs
Every organization is different, and so is every team. With the right plan design, you can offer flexibility, choice, and coverage that fits a diverse workforce.
A smart investment in people
Seeing benefits as compensation can help your organization:
- Attract the best talent
- Lower turnover
- Boost productivity and morale
- Gain favorable tax implications
We’re here to help
Not sure where to start? Our trusted advisor partners are here to guide you. Whether you’re exploring health and dental coverage, life and disability insurance, or wellness support, we’ll find a plan that fits your organization – and your budget.
Let’s talk about how a CSBT plan can work for you
Contact us to connect with an advisor or request a free comparison quote today.