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In addition to your base salary, a comprehensive array of benefits
is available to Lombard Canada employees. Each benefit is specially
designed to assist our employees in their needs and lifestyle.
- Flexible Group Insurance Benefits Plan
Our Flexible Benefits Plan, including extended
health care, dental, long-term disability, accidental death & dismemberment,
and life insurance coverages, allows employees the option of choosing
which insurance coverage best suits their needs. Flexible credits are
given to offset some of the cost of benefit selections.
- Employee Share Purchase Plan
This Plan provides employees with an opportunity to invest
in the Company’s long-term performance by purchasing Fairfax Financial Holdings subordinate voting shares through payroll deductions. Fairfax shares are listed on the Toronto Stock Exchange under trading symbol “FFH”. To encourage participation
and to help protect employees from adverse fluctuations of the stock
markets and currency markets, Lombard Canada contributes a percentage
of employee contributions.
- Personal Property and Auto Insurance Plan
Lombard Canada offers full-time employees reduced rates on
home and auto insurance.
- Mortgage Assistance Plan
This Plan is designed to help employees overcome the high
cost of home ownership and reduce interest costs by subsidizing a portion
of the interest payment.
- Charitable Donations Matching Program
Lombard Canada supports the community in which we work and
live by matching personal donations made by our employees to registered
charities.
- Education Assistance Program
The Education Assistance Program is designed to encourage
employees to reach their maximum potential within our organization
by funding approved education costs.
- Employee Scholarship Program
To encourage academic excellence and pursuit of higher education,
Lombard Canada offers three renewable scholarships on an annual basis
to children of full-time employees entering the first year of a full-time
undergraduate degree program.
- Employee Assistance Program (EAP)
This voluntary program is available to all employees and
eligible family members. It provides confidential short-term counseling
and advisory services 24 hours a day over the phone, in person, and
on-line for a wide range of issues.
- Pension
Plan
This
non-contributory defined benefit pension plan provides a choice
of retirement options including a lifetime pension, ten years guaranteed
and life income, and joint and survivor options. Pensions are based
on "final
average earnings" so that pensions are related to earnings at the
time of retirement.
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