Small manufacturing company saves 32% annually

Posted in Results

For small businesses, every dollar counts – and the savings we offered this Niagara-based company on their employee benefit plan made the owner very happy!

About the Client

Located in Niagara, Ontario this small heating and cooling business employs 4 full-time employees.

The Challenge

This small business was looking to save money on their employee benefits, while not changing or decreasing their current coverage for their employees. As this company grows they anticipate attracting new employees with a comprehensive group benefit plan.

  • We love to help small companies flourish by providing them with cost effective benefit solutions. In business, if you can save money, yet not sacrifice coverage you are winning, and everyone likes winners!
    - Loretta, Account Administrator, Youngs-Ten Star Group Benefits

The Solution

After reviewing their current benefit coverage, that is with a traditional insurance company, Youngs-Ten Star was able to offer a 32% cost savings.

This business owner could not believe that by switching over to Youngs-Ten Star he would save $3,800 annually – and the bonus was that his coverage wasn’t sacrificed at all!


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How do you balance the cost of employee group benefit plans with the actual benefits to you and your employees?

Employee benefits are often a significant portion of an employer’s compensation costs – but at the same time, they are also an important recruitment and retention tool.