What's the difference between the estimated employer cost for benefits and the actual costs?

Article author
Lorena Mata
  • Updated

When hiring a new team member, we have very little information about their demographics or their need to add dependents to their benefit plans. This is why we have estimated employer costs for benefits. The actual cost of the benefit is only known after the employee has submitted more information, such as number of dependents, age, province, etc. which can influence the final price. 


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