While most Top Mortgage Workplaces offer standard health and life benefits, such as medical and dental coverage and life insurance, very few companies offer retirement plans – a consistent sticking point among employees – and less than half offer disability benefits.
Outside the standard benefits, a few companies also offer wellness perks such as gym membership reimbursement, group fitness discounts, and weekly yoga and massages. A few organizations take mental health into account, too, by covering counselling in their wellness programs. Mindfulness coaching, open-door policies and an emphasis on transparency are other ways companies seek to care for their employees.
When it comes to compensation, 90% of employees at Top Mortgage Workplaces said they’re satisfied with their overall compensation, while 86% are satisfied with their company’s bonus structure. This year’s Top Mortgage Workplaces offer a wide variety of bonus structures, from a nine-tier training program that includes bonuses at each completed level to air miles rewards, performance-based bonuses and restricted stock awards. Other popular benefits include education reimbursement, paid time for volunteering, unlimited time off and group RRSP matching.
Medical coverage: 78%
Dental coverage: 78%
Life insurance: 56%
Long-term disability: 44%
Disability benefits: 41%
10 to 25 employees:
Yes: 30%
No: 70%
26 to 100 employees:
Yes: 14%
No: 86%
101 to 500 employees:
Yes: 29%
No: 71%
500+ employees:
Yes: 100%
No: 0%
Yes: 88%
No: 12%
Yes: 38%
No: 62%
Yes (paid): 12.5%
Yes (unpaid): 37.5%
No: 50%
10 to 25 employees:
Yes: 30%
No: 70%
26 to 100 employees:
Yes: 29%
No: 71%
101 to 500 employees:
Yes: 14%
No: 86%
500+ employees:
Yes: 100%
No: 0%
