Benefits – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 15 Jul 2024 20:34:28 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 49% of executive leaders say financial stress preventing frontline staff from doing best work: survey https://www.benefitscanada.com/benefits/health-wellness/49-of-executive-leaders-say-financial-stress-preventing-frontline-staff-from-doing-best-work-survey/ Mon, 15 Jul 2024 19:00:59 +0000 https://www.benefitscanada.com/?p=158117 Nearly half (49 per cent) of executive leaders say financial stress often or very often prevents their frontline workers from doing their best work, according to a new survey by Dayforce Inc. The survey, which polled more than 6,900 workers, managers and executives from companies with frontline workers across the globe, found 62 per cent of […]

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]]> Employers considering dropping dental from benefits plan should think twice: expert https://www.benefitscanada.com/benefits/health-benefits/employers-considering-dropping-dental-from-benefits-plan-should-think-twice-expert/ Fri, 12 Jul 2024 13:00:58 +0000 https://www.benefitscanada.com/?p=157994 Employers that are considering dropping dental coverage from their benefits plan following the launch of the national dental care program are advised to think twice, says Graham Young, director of employee benefits at Capcorp Financial Corp. The national plan — administered by Health Canada, with support from a third-party benefits administrator — provides dental coverage for uninsured Canadians with […]

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]]> CBSA, PSAC, CIU agreement includes pension, benefits gains https://www.benefitscanada.com/benefits/health-benefits/cbsa-psac-ciu-agreement-includes-pension-benefits-gains/ Fri, 12 Jul 2024 13:00:46 +0000 https://www.benefitscanada.com/?p=158060 The unions representing more than 9,000 Canada Border Services Agency employees have ratified a four-year collective agreement that includes pension and benefits gains. The agreement with, the Public Service Alliance of Canada and the Customs and Immigration Union, includes a pensionable $2,500 one-time, lump-sum payment for all employees upon the date of signing. For members […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/benefits/health-benefits/top-5-hr-benefits-pension-and-investment-stories-of-the-week-90/ Fri, 12 Jul 2024 13:00:18 +0000 https://www.benefitscanada.com/?p=158072 A story on how group insurers can help plan sponsors provide adequate coverage and ensure appropriate use of treatments for rare diseases was the most-read article on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Sounding Board: How employers can mitigate cost of […]

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]]> 60% of working women believe menopause, reproductive health issues can affect career advancement: report https://www.benefitscanada.com/benefits/health-wellness/60-of-working-women-believe-menopause-reproductive-health-issues-can-affect-career-advancement-report/ Thu, 11 Jul 2024 13:00:08 +0000 https://www.benefitscanada.com/?p=157992 Three-fifths (60 per cent) of working women believe health issues around menstruation, menopause and reproductive health can affect their career advancement abilities, according to a new report by Sun Life Financial Inc. It found four in 10 working women said they’ve made career-limiting decisions for health-related concerns or to care for their family and 10 […]

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]]> 70% of U.S. employers say benefits critical to attraction, retention efforts: report https://www.benefitscanada.com/benefits/health-benefits/70-of-u-s-employers-say-benefits-critical-to-attraction-retention-efforts-report/ Wed, 10 Jul 2024 13:00:49 +0000 https://www.benefitscanada.com/?p=157955 Nearly three-quarters (70 per cent) of U.S. employers say their company’s benefits package is critical to attracting and retaining the best workers, according to a new report by LIMRA. It found half (51 per cent) of employers believe their company will be offering more benefits in the future than it does today and another six […]

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]]> Sounding Board: How employers can mitigate cost of drugs for rare diseases https://www.benefitscanada.com/benefits/health-benefits/sounding-board-how-employers-can-mitigate-cost-of-drugs-for-rare-diseases/ Mon, 08 Jul 2024 13:00:22 +0000 https://www.benefitscanada.com/?p=157855 The World Health Organization defines a rare disease as having a prevalence of 65 or less per 100,000 individuals. It recognizes some 5,500 rare diseases, the majority being of genetic origin and often life-threatening. Medical research has yielded significant drug development for the treatment of rare diseases, increasing life expectancy and improving quality of life. However, […]

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]]> 91% of PSAC members opposed to Treasury Board’s hybrid work mandate: survey https://www.benefitscanada.com/news/bencan/91-of-psac-members-opposed-to-treasury-boards-return-to-office-mandate-survey/ Mon, 08 Jul 2024 13:00:02 +0000 https://www.benefitscanada.com/?p=157869 The majority (91 per cent) of the Public Service Alliance of Canada’s members are strongly opposed to the Treasury Board’s new hybrid work mandate, according to a recent survey by the PSAC. In May, the Treasury Board announced its decision to require federal public service workers to be in-office a minimum of three days per […]

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]]> 2024 Vancouver Benefits Summit: The connection between DEI and psychological health https://www.benefitscanada.com/events/conference-coverage/2024-vancouver-benefits-summit-the-connection-between-dei-and-psychological-health/ Mon, 08 Jul 2024 11:59:48 +0000 https://www.benefitscanada.com/?p=156936 By creating a psychologically safe workplace in which employees can feel free to be their authentic selves, employers can encourage increased communication and collaboration, said Paola Ardiles Gamboa, a senior lecturer who served as special projects advisor to the vice-president of people, equity and inclusion at Simon Fraser University, during a session at Benefits Canada’s […]

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]]> 2024 Vancouver Benefits Summit: A look at post-pandemic paramedical, drug claims https://www.benefitscanada.com/events/conference-coverage/2024-vancouver-benefits-summit-a-look-at-post-pandemic-paramedical-drug-claims/ Mon, 08 Jul 2024 11:58:55 +0000 https://www.benefitscanada.com/?p=157469 There has seen a “huge increase” in mental-health practitioner claims following the coronavirus pandemic, said Sylvana Leclerc, organizational health consultant for integrated health solutions at Sun Life Financial Inc., during a session at Benefits Canada’s 2024 Vancouver Benefits Summit in May. Citing findings from the insurer’s annual Health by Design report, she said in 2022, […]

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