Software and Tools
Benefits Database
The COMPARISON Canada database maintains current benefit plan information on salaried and hourly employees for more than 400 plans, representing a broad cross-section of industries, geographic locations and company sizes. Plan provisions are collected for retirement, health and welfare, paid time off and work/life benefits.
The COMPARISON database can help answer questions such as:
- What is the average employee cost share for medical and dental benefits?
- What is the average coverage for drug plans?
- What types of retirement plans do my competitors have?
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What makes Watson Wyatt stand out?
- A participant list that includes 30 percent of the top 100 of the Financial Post 500 organizations
- A median employer size of 400 employees
- A list of 109 industry categories to create the best comparison for your organization’s needs
- A user-friendly, secure benefits survey
About COMPARISON
Participation in the COMPARISON database is free. All database participants receive a complimentary copy of our Statistical Summary. The Statistical Summary covers the following benefit categories:
- Defined benefit pension plan
- Defined contribution pension plan
- Supplementary employee retirement plan
- Retiree medical and dental
- Retiree life insurance
- Active medical
- Active dental
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- Life insurance
- Short-term disability
- Long-term disability
- Sick leave
- Vacation
- Holiday
- Perquisites & work/life programs
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The publication includes nearly 100 pages of valuable information and is broken down into seven industry groups:
- Durable goods manufacturing
- Non-durable goods manufacturing
- Finance
- Non-manufacturing
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- Energy, resources & utilities
- Hi-tech
- Public / non-profit
- All industries combined
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Database participants have access to a comprehensive suite of benchmarking tools. Custom cuts based on size, industry, region and/or custom competitor group are available for an additional fee.