Mahari is the Chief Human Resources Officer (CHRO) of a national cannabis-infused products company, with offices and distribution centres in several major cities across Canada.
After a thorough analysis, Mahari found that their company's current benefits plan did little to lessen the high costs of chronic health conditions and missed work days that were common with their older staff, coinciding with a high incidence of disability and expensive drug claims. At the same time, the company had a hard time attracting and retaining younger workers.
Instead of a typical one-size-fits-all approach to benefits that didn't work for many staff members, Mahari learned how the Health + Wellness + Lifestyle Flex Benefits program could meet the needs of a diverse and modern workforce, with benefits options that each employee could individually customize for their unique situation.
Despite the size and complexity of her company, Mahari was surprised how quickly and easily she could set up and manage the new benefits program. With a completely digital experience, very little resources were needed to administer the program, many processes were automated, and the company reduced their carbon footprint by eliminating physical paperwork.
Older workers used the new holistic wellness and education coverage options, along with traditional drug and dental coverage, to improve their health and productivity. Younger workers were ecstatic about the new coverage options for fitness, pet expenses, vacation funds, and social impact initiatives.
After the first year under the new benefits plan, there was a 35% reduction in sick days, 61% increase in productivity, 11% higher revenue per employee, and 73% reduction in staff turnover.