Employee benefits offerings from the Great-West Life Assurance Co. are now available on PaymentEvolution, a health and dental plan quoting service for small- and medium-sized employers.
Small businesses using PaymentEvolution’s payroll and payment system can access the real-time quoting service, which gives them an estimate for employee benefits from multiple Canadian insurers.
Read: What stops small businesses from offering benefits?
Because their data is already entered into the system, employers using PaymentEvolution don’t need to fill in additional information to receive their quote.
“We’re pleased to work with PaymentEvolution to increase access for small business employers to affordable group benefits,” said Roger Maguet, Great-West Life’s senior vice-president of plan sponsor services, in a press release. “Financial stress is known to impact employee mental health and productivity, so by offering group benefits employers are not just better able to attract and retain talent, but may also improve morale and increase productivity by enhancing the financial security of their plan members.”
Read: Prevalence of U.S. workplace benefits plans on the rise: survey
Sam Vassa, the chief executive officer and co-founder of PaymentEvolution, also noted attractive benefits packages can help small employers compete for talent. “We’re excited to welcome Great-West Life and its array of products to our open benefits quoting service,” he said.