MNP LLP Benefits

3.8
62 Ratings

Employee Benefit Reviews

Showing 1–10 of 62 comments

Most Commented

  • Life Insurance(7 comments)

    It is good and can include spouse. Reasonable price also can add critical illness accident insurance and kid coverafe

  • Vacation & Paid Time Off(7 comments)

    Vacation is standard for the industry (which is fair). Nice that overtime can be banked at some offices and taken as additional time off. There are also personal days each quarter.

  • Pension Plan(6 comments)

    4% match, free money once eligible and good for total rewards

Sep 21, 2020
Current Employee in Toronto, Ontario

Nothing worst that can be said

Sep 17, 2020
Current Employee in Vancouver, British Columbia

Health benefits are minimal, but leave policies are flexible.

Sep 18, 2020
Former Senior Consultant in Mississauga, Ontario

Docked for time off and pension takes a year before it kicks in

Sep 15, 2020
Current Employee in Montreal, Quebec

complete package. Health benefits could be more generous.

Aug 13, 2020
Former Marketing Manager in Vancouver, British Columbia

The benefits package was good

Jul 20, 2020
Former Employee in Calgary, Alberta

For vacation, I believe most people start off with 3 weeks. It takes five years or a promotion to get 4 weeks, and then ten years to get 5 weeks (which is kind of insane). Partners again, operate on a different scale than the non-partners. The personal days are super great (one per quarter, use it or lose it) and something that seems somewhat unique to MNP. You also get six sick days per year (lean!) but on the plus side they're accrued and carried over from year to year. You can also borrow against vacation or sick time and earn it back. Of course, MNP is also famous for offering paid OT (with approval) that can be paid out, but more often, you're encouraged to take additional time off. The health / dental / vision benefits are pretty lean but not unlike other companies I've worked at (i.e. not great, but not any worse than anywhere else). Partners get better benefits than regular employees. On the plus side, your benefits are fully paid for as an employee, although I seem to recall you have to pay for your family's dental premiums (not your own), and you can top up their basic life insurance options. They also have a program where you get a certain amount of money per year (depending on title) that you can put toward lifestyle activities such as gym memberships, class passes, massage therapy (once your benefits are done), or even classes for things like dance or art, or joining a rec sports league. Basically anything that goes toward a better work/life balance. That amount is paid out / limited to a certain amount per quarter and they only pay 80% of it. So for example, if your total credit was $500 for the year, you'd have $125 per quarter. If you signed up for a one-month bootcamp for $100, they'd pay $80 for it that quarter, and you'd have $45 to spend for the rest of the quarter. The math does make it a little hard to max out the benefit, unless you're just applying it to an annual gym membership. Maternity leave, they offer you a top up to receive 80% of your salary (on top of your EI benefits) for the first 17 weeks, although you are supposed to return to work for a full year to not have to pay any of that back. I do know someone who left the firm within two months of returning who had to pay close to the full amount back, but I know someone else who was there for closer to a year and they didn't have to pay anything back. There is also an RRSP matching program which is fantastic that you can opt into; you give up a small amount of your salary each cheque and they match it for you, which lead to me having a pretty robust LIRA by the time I was done working there. Bonuses do exist but on a random, discretionary basis - there isn't a 'bonus program' to work toward by any means. There is money available for training opportunities like conferences and classes, but honestly, it was pretty random when and how those opportunities were paid for. You basically pitched for it and they'd approve it or not with little clarity as to why. Not many other benefits to report on, from a non-Partner standpoint. The company is generally pretty good about letting people work from home or duck out for appointments, there's free drinks in some offices, lots of little office perks (particularly during busy season) and celebrations to partake in, but on a day-to-day basis, the benefits are as above.

Jun 7, 2020
Current Accountant in Calgary, Alberta

Good drug and dental. Poor vision, massage, psychiatric. A lot of fairly superfluous options. Pension funds matching, decent leave options, etc. Benefits plan is nothing special but not bad overall.

Feb 4, 2020
Former Accountant in Edmonton, Alberta

Good benefits package. Tiers available for added coverage for those who want it. Family packages also available. Never had a problem with direct billing or other access to the plans.

Feb 2, 2020
Current Co-op CPA Articling Student in London, Ontario

Haven't received benefits yet but I hear everything is great. I will not get benefits because I am on a contract job for 4 months. If I get longer I will reach out and let you know

Jan 9, 2020
Current Employee in Ottawa, Ontario

Overall, there is a fairly comprehensive suite of benefits including medical and dental coverage, life and AD&D insurance, group pension plan etc. The group pension plan is mandatory after a year of service and is 4% of your salary which the firm matches. It's administered through SunLife which has very low fees which is awesome. The firm also offers what they call a Balance Subsidy. The dollar amount depends on your level i.e. Analyst vs. Manager but it's essentially a use it or lose it set amount of money to reimburse things like gym memberships, ski-lift passes, race fees, massages and physio (once other insurance is maxed out.) It's payable once per quarter. Where I think the firm really lacks, is the health coverage, specifically paramedical health coverage. Under the current plan the reimbursement amounts are very low. The amount you can get reimbursed for a psychologist under the basic plan is $200. That covers one session if you're lucky. I wish they would increase the amounts all around or, do what many other companies do and provide a single larger sum i.e. 1500 that you can chose to use for any paramedical practitioner, that way if you need physio you use it for physio, or if you need mental health services you use the full amount for that. Just to put it into perspective - the public service health plan pays $2000 per year per person for a psychologist.

Viewing 1-10 of 62

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