MB Pension & Benefits Announces Acquisition by Sterling Brokers, Marking a New Era of Tech-Driven Employee Benefits
Canada-based employee benefits brokerage technology firm Sterling Brokers acquires MB Pensions & Benefits Group Inc., a B Corp certified, all-female-owned and operated employee benefits brokerage.
ADHD in the workplace: how to help employees thrive
Research into burnout is showing that people burn out differently, depending on personality. Being neurodivergent adds an element of complexity to burnout that is important to consider if you have ADHD, for instance, or if you’re an employer with ADHD employees!
Women in Benefits
In order to move the dial forward for women in the workplace, we need a platform to have these hard conversations. Tune into this webinar to explore the role women are playing in the benefits industry today.
GENEius RX is using Pharmacogenetics to Improve Medication Outcomes
When we first met Jamila Amirali, the founder and CEO for GENEius RX, we knew we had discovered a gem – a cutting-edge company with the same passion and drive we have when it comes to mental health and the over-prescription of medication. At MB Group, we had long been observing a worrying trend in the group insurance stats. Employees are using little to none of their psychology coverage while the quantity of prescriptions for drugs used to treat mental illness steadily rises.
The proof is in the data
Searches related to mental health reached an all time high in 2021, and workplace burnout became a breakout search up over 5,000% compared to the prior time period. If you’re an employer, we hope 2022 is the year you take the initiative to act on the mental well-being of your staff.
Canadian Mental Health Association Statistic
Because public health services are underfunded and have long wait times, many people rely on their employer-based benefits or bear the personal cost of private services.
The Flaw is in the Design: The Importance of a Strong Mental Health Offering
It is very common in group insurance to see a company’s benefits statistics reflect little to no employee claims to the Psychologist… and yet dozens of prescription drug claims relating to mental illness. This offers us a snapshot of the growing international crisis when it comes to over-prescribing drugs to treat mental illness. As front-row spectators, we asked: What is causing this and how can we help? We believe the flaw is in the design.
Executing Mental Health in the Workplace Series – Company Profile: Social Nature & Annalea Krebs
The success of leadership of any kind, business or otherwise, can be measured by the well-being of those who are being led. Under normal circumstances, mental health should be prioritized within workplaces as it’s proven to have such a big impact on individual productivity and collaboration with other team members. But now more than ever, with the cumulative impact of stress in life and work, and the fact that those two places are one and the same for many of us now, business leaders must make mental health a strategic priority.
Introduction to Series: Executing Mental Health in the Workplace
Over the past seven years, we have had the privilege of aligning with clients and business leaders who place a major emphasis on enhancing the mental well-being of their workplace. When these types of paradigm shifts towards mental health take place at a leadership level, this permeates the entire organization; from more comprehensive mental health benefits offered to staff, to a corporate culture of transparency, acceptance and ultimately growth and resiliency. In short, we were inspired to launch a series of profiles on these companies which will highlight their philosophy towards mental health in the workplace, and how they integrate this into a strategic priority within their organization.
Should I contribute to a company RRSP?
This article provides a great overview on how Employer RRSP matching works, what a Group RRSP matching program is, and the benefits of implementing such a program.
Want to become a B Corp? Feature by BCBusiness Magazine
Last month, MB Pension and Benefits Group became the fourth insurance brokerage in Canada—and the only one entirely owned and operated by women—to win certification as a B Corporation. Bestowed by B Lab, a U.S. nonprofit, the B Corp designation recognizes businesses worldwide for meeting “the highest standards of verified social and environmental performance, public transparency and legal accountability to balance profit and purpose.”
BURNOUT: What Leaders must know and what they can do to support employees
Our team recently came across an article by Dr. Bill Howatt and Louise Bradley about burnout. Burnout is a frequent topic of conversation with our clients – what is it, and how do we create a culture that prevents (or supports) its occurrence?
Navigating the mental aspects of life in the NBA bubble
At MB Group, not only are we unapologetic advocates of mental health in the workplace, but we also have some diehard NBA fans on our team. That’s why, when we saw this article discussing the mental health challenges the league is experiencing, it caught our attention.
MB Group is now B Corp certified
Today we became B-Corp certified, joining a movement of companies who are looking to use business as a force for change. We have always looked to press fast-forward in employee benefits, and this certification is a direct reflection of what ‘fast-forward’ looks like; the socially progressive nature of what we do and how we do it is something we hope will encourage others in our industry to follow suit and pursue a certification like this.
BC Business 30 Under 30 Recognition
I am honored to have been recognized by BCBusiness Magazine on their Top 30 Under 30 List! Outside of performance metrics, a large component of qualifying for 30U30 had to do with what your company was doing to advance social change within your industry. Ours was simply to enhance the mental health resources and offerings made available through benefit plans, so that companies with as few as 5 employees for example had access to $2,000 in psychology coverage.
Generational Benefit Plans
“Today's workforce is more diverse than ever, adding a new dimension to an already complex benefits universe.” Read the article to see how to incorporate flexible solutions into your workplace benefits programs.
Heads or Tails: Mental Health, Mental Illness, and Two Ends of the Same Continuum
We are in a time where the lens of the discussion around mental illness is focused on fragmenting the stigma surrounding it.
As a nation, we have championed this discussion and progressed its significance immensely; #BellLetsTalk hashtags now span our country from coast-to-coast, a federally recognized psychological safety standard in the workplace has now been recognized, and in 2010, the Mental Health Commission of Canada was formed to tackle the ongoing issue of mental illness at a national level.
Yet despite such progress, we have a long way to go before we can truly say we understand the depth or the magnitude of the mental health crisis which sits before us.