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Benefits Consulting

Impactful outcomes for your organization and people

The empirical data is indisputable, consistently demonstrating the profound impact that well-crafted benefits can have on your employees and your organization. At Blair Financial Services, we possess a deep understanding of both employers and employees, discerning their evolving needs. We assist plan sponsors in navigating the complex benefits landscape, aiming to attract and retain talent in a competitive environment while achieving your broader objectives.

Rather than focusing solely on trends, which may not fully address employees’ actual desires, we prioritize supporting your teams’ mental, physical, and financial well-being. This approach empowers them with essential financial knowledge.

We recognize that a well-structured compensation package, including Benefits and Group Retirement plans, is essential not only for attracting and retaining top talent but also for supporting your employees’ financial goals and fostering long-term financial success. These elements are crucial for enhancing your organization’s competitiveness and overall employee satisfaction

Our Unique Process

1. Plan Purpose & Services Outline

Let's meet to ensure our business philosophies align, as this is crucial for successful planning. Our philosophy emphasizes long-term thinking and recognizes the critical role your employees play in achieving business success within your organization. During our discussion, we will listen to your concerns and explore how our services can best meet your needs.

2. Goal Setting
We will review your business, team, and employee development goals with you to assess how well your current plan meets these needs and to identify any gaps or opportunities for improvement. We understand that employers are uniquely positioned to influence positive outcomes for their employees and, ultimately, their organization, and all such opportunities should be carefully considered.
3. Analysis

After gaining a clear understanding of your goals and identifying any gaps, we will conduct an in-depth analysis of your business. This will enable us to determine the best next steps and provide you with a comprehensive list of opportunities to consider.

4. Desired Results

We will present you with possible solutions to achieve your desired outcomes. This will involve reviewing various options, highlighting their distinctions, and forecasting their potential impact on your business. Additionally, we'll provide in-depth details and innovative insights into your employees' preferences.

5. Integrated Solutions Design

Our goal when crafting your plan is to meet your unique needs and goals through a comprehensive, integrated solution. This includes customized compensation, total rewards, and benefits. We often find significant discrepancies between employee preferences and offered compensation. Our expertise lies in guiding clients to overcome ideological biases by prioritizing empirical data, effectively bridging this gap.

6. Agreement

We present the integrated plan to you and your key partners to ensure a clear understanding of the strategy, rationale, and next steps before finalizing your agreement. All strategies aim to achieve optimal outcomes from both organizational and employee perspectives.

7. Implementation

This step involves putting the plan into action. It's the phase where the strategies and decisions discussed and agreed upon are implemented in practical terms. This includes deploying resources, initiating processes, and overseeing the transition from planning to operational execution.

8. Ongoing Management & Renewal

We maintain continuous oversight and evolution of the implemented plan. This involves monitoring its effectiveness, making necessary adjustments, and renewing components as needed to align with changing goals or circumstances. This phase emphasizes maintaining the plan's relevance and effectiveness over time through proactive management and strategic renewal efforts.

1 40% report that their employer-funded healthcare benefits fully meet their needs;
This group has the highest/best mental health score (71.5), seven points higher than the national average (64.4).
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2 The lowest/worst mental health score (54.4) is among 14% of workers reporting that their healthcare benefits do not meet their needs;
17 points lower than workers reporting that their healthcare benefits meet their needs and 10 points lower than the national average (64.4).
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Telus Health – 2024 Mental Health Index

2 Telus Health – 2024 Mental Health Index

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