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Every year, Canadian businesses lose billions to employee turnover. On average, replacing an employee costs $30,674, and 15% of employers spend over $100,000 annually on turnover. For businesses in Victoria, BC, where the cost of living is high, employee retention is more crucial than ever.

Why Employees Leave

 High Cost of Living & Need More Money

Average home price in Victoria, BC

$1.25M 

VREB Home Price Index

The Grass is Greener

Employees only see the good in everywhere else, and the 'not so good' in their current situation.


Lack of Training, Education, and Opportunity 


The Financial Toll of Employee Turnover

Beyond the direct costs of recruitment and training, turnover affects productivity, morale, and overall business stability. In a market like Victoria, high housing costs further impact employees' ability to stay with their current employer.

A Unique Solution: Mortgage Literacy for Employee Retention

MaxxMortgages’ Mortgage Literacy program helps employees navigate homeownership, reducing financial stress and increasing workplace satisfaction. Our workshops provide:

Customizable Employee Workshops

Mortgage Requirements

 Real Estate Planning

Mortgage Literacy 

Strategic Planning 

Education and Real World Solutions

Government Grants

Home Buyers Programs and Incentives

Best Practices

Qualifcations, Documents, and Requirements

Preparation for homeownership

Employer/Employee alignment for document requirments

Timelines and strategies to maximize borrowing 

Boost Retention & Reduce Costs

By investing in employees’ financial well-being, companies experience:

  • Higher retention rates and reduced hiring costs
  • Improved employee morale and productivity
  • Stronger company loyalty and engagement

Are you ready to reduce turnover and support your employees' financial futures? Learn More About the Program.

Why Employee Benefits Should Include Mortgage Literacy?

Competitive salaries aren’t the only way to retain top talent—benefits matter too. In a city like Victoria, BC, where homeownership can feel out of reach, providing mortgage education is a powerful tool for retention.

The Power of Employee Benefits in Retention

Many employees look beyond salary when choosing an employer. In a competitive hiring market, meaningful benefits like financial education and homeownership support create lasting loyalty.

Why Mortgage Literacy Matters

  • Employees with financial stability are more productive and engaged
  • Financial stress is one of the top reasons employees seek new job opportunities
  • Offering homeownership support fosters long-term commitment

What Our Program Offers

  • Three annual mortgage workshops ($1,200 value per session)
  • Personalized mortgage planning & strategic financial guidance
  • Access to grants, first-time homebuyer programs, and real estate advisors

Strengthen Workplace Morale & Reduce Turnover

A company that invests in its employees’ futures fosters a culture of trust and commitment, creating a more engaged and satisfied workforce.

Help your employees secure their future. Sign Up for a Free Workshop.

The Connection Between Employee Satisfaction & Homeownership

A stable home life contributes to a stable work life. Yet, in Victoria’s competitive housing market, many employees struggle to afford a home. This financial strain affects productivity, engagement, and long-term commitment to their employers.

How Homeownership Increases Employee Retention

  • Stability leads to long-term employment
  • Homeowners are more likely to invest in their communities—and careers
  • Mortgage education helps employees feel secure and supported

How Our Program Supports Employees

MaxxMortgages’ Mortgage Literacy program provides:

  • Guidance on mortgage readiness and financial planning
  • Pre-approval assistance to navigate the home-buying process
  • Access to government grants and first-time buyer incentives

A Proven Strategy for Business Growth

Employers who offer financial education experience:

  • Increased employee satisfaction and retention
  • Higher workplace engagement and productivity
  • Enhanced brand loyalty and company reputation

Secure your employees' financial future and strengthen your business. Join Our Next Session.

How Small Businesses Can Compete for Top Talent in Victoria

Big companies often win the hiring game, offering salaries and perks that small businesses struggle to match. But one unique benefit can set you apart—Mortgage Literacy.

Challenges for Small Businesses in Hiring

  • High cost of living in Victoria makes homeownership difficult for employees
  • Larger businesses can offer higher salaries and competitive benefits
  • Retaining skilled workers is crucial to business success

Why Housing Benefits Matter

  • Homeownership builds long-term stability, reducing job-hopping
  • Employees value financial education that impacts their personal goals
  • Offering mortgage support differentiates small businesses in a competitive hiring market

How MaxxMortgages Can Help

  • Customized mortgage workshops for your employees
  • Free expert consultations on home financing
  • Guidance on accessing government homebuyer programs

A Smart Investment for Small Businesses

By providing financial literacy and homeownership support, small businesses can:

  • Reduce hiring costs and increase retention
  • Build a dedicated and loyal workforce
  • Compete effectively with larger companies for top talent

Give your business a competitive edge. Schedule a Free Consultation.

Address

MaxxMortgages
(Maxxam Goup of Companies)
867 Goldstream Ave, Victoria, BC V9B 2X8

Phone

c. 250.888.0194




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