The demand for employers to take a leading role is growing.
Employees want and need more focus on their financial wellness in the workplace.
While many CEOs, CHROs and CFOs say they are changing their talent strategies, only the most forward-looking leaders are gaining a real competitive advantage by providing what employees really want—a better pension plan.
of employees say employers are responsible for offering a pension plan.1
of employers are already being impacted by the loss of talent and say competing for talent will become more challenging.2
What leaders need to know: Employees are struggling with their financial well-being
of the C-suite rating their employees' financial well-being as excellent or good,
of employees report having ‘excellent’ or ‘good’ financial wellbeing.3
Trending questions from the C-Suite
Employees want better workplace pensions
Why employers are offering a benefit that lasts a lifetime—literally.
Retirement security is a top source of stress for working Canadians. Organizations across Canada are now tapping into the link between workplace retirement plans, corporate social responsibility (CSR) and branding as a responsible employer of choice.
Job seekers expect a workplace pension, and prefer employers who offer them.
The power of workplace pensions
A win-win for employers and employees.
Offering a secure workplace pension and retirement income is a key differentiator and competitive advantage for employers. It demonstrates investment in their talent, provides immediate value on a business and improves employee productivity and engagement.
Better Talent Attraction
Demonstrate a long-term investment in both existing and incoming talent, while reducing turnover costs and time.
Boosted Brand and Bottom Line
Pensions enhance compensation efficiency and workplace productivity, so employers can support employees’ savings needs while improving the bottom line.
No Liabilities, Minimized Risks
There are no financial risks when joining DBplus. Employers’ contributions are fixed and will not change, unless requested by the employer. Both employee and employer contribute to the Plan.
Achieve ESG and Financial Wellness
Promote corporate social responsibility by helping employees save towards a paycheque for life, which improves our social security system, quality and satisfaction of life, and holistic wellness.
Did you know?
Canada's modern workplace pension plan
There's a reason employers choose DBplus to meet their business goals.
CAAT Pension Plan is one of Canada's most sustainable, fastest-growing, and highest-performing pension plans. And, we're a not-for-profit.
Our DBplus offering is a unique and innovative design that unites the best of defined benefit, defined contribution and group RRSPs.
Why employers select DBplus as the pension solution of choice
Improve retention, recruiting, and productivity at no added cost
Cost-certainty with fixed contributions
Flexible options to suit organizational needs and budget
Simple accounting and no hidden or extra costs for all services
Fully supported transition by a team of pension experts
Simple steps to implement
Delivering features employees want and need
A modern business solution that improves the bottom line
The cost certainty employers want and the valuable lifetime income employees need.
Employers across Canada are winning the race for talent by offering DBplus in the workplace.
DBplus is now available to workplace across Canada, offering employers an opportunity to tap into a CAAT’s jointly sponsored pension plan, while offering unique and desirable features.
A modern workplace retirement solution that delivers more value
Here’s how the power of Plus measures up.
The expected pension per dollar contributed is meaningfully higher with a modern DB plan, like CAAT’s DBplus.8
What each $1 of contribution provides on average in retirement:
As a world-class pension plan, our expert team focuses on strength and sustainability over the long term.