What's hot and what's not in employee perks

Life insurance most popular employee benefits: CPA
|hrreporter.com|Last Updated: 05/04/2009

As companies scramble to attract and retain skilled workers in a market characterized by an aging workforce and increasing labour shortages, they are becoming very creative in designing new employee perks to compete, according to a new survey.

The survey, by the Canadian Payroll Association (CPA), asked more than 2,100 payroll professionals across the country which of the 39 categories of taxable employee benefits do their organizations offer.

The most offered benefit is group-term life insurance, offered by 61 per cent of organizations. Car allowances, offered by 46 per cent of organizations, is the second most popular benefit, followed by disability benefits (42 per cent).