Concorde Entertainment Group, an entertainment and dining company that has a portfolio of over 21 establishments, has officially introduced extended health and dental benefits for its full-time employees.
The progressive new benefits are being offered to all Concorde employees who work over 32 hours a week. In addition, the benefits will be offered alongside a family assistance program that includes counseling. According to the company, of the other 1,200 employees, around 400 of them qualify for the new healthcare package.
"We hope that it will set us apart from other companies," said Jon Molyneux, vice-president of operations and partner at Calgary's Concorde Entertainment Group, " "More importantly [it's] to make sure that our current and future employees are very well supported."
Image Credit: Paula Duhatschek/CBC
Why This Trend Is Growing
- Employee Healthcare Benefits
- As employee healthcare becomes an increasingly popular benefit, companies can differentiate themselves by offering comprehensive packages like Concorde Entertainment Group's extended health and dental benefits.
- Family Assistance Programs
- In addition to healthcare benefits, companies can consider offering family assistance programs that include counseling, adding a unique aspect of support for employees and potentially improving retention.
- Workforce Development and Retention
- By putting employee needs first, companies may be able to improve employee retention rates and workforce development as a result of increased job satisfaction and improved benefits.
Industries Being Reshaped
- Hospitality and Entertainment
- The hospitality and entertainment industry may benefit from taking notes from Concorde's employee healthcare offering to attract and retain workers in a competitive industry.
- Retail
- The introduction of healthcare benefits and family assistance programs may be a beneficial addition to the retail sector to help attract and retain workers in highly competitive markets.
- Food Service
- Food service industry professionals may consider offering healthcare benefits and family assistance programs to differentiate themselves from competitors and attract employees who value comprehensive benefits packages.
