Benefits – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 29 Nov 2024 20:31:34 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-110/ Fri, 29 Nov 2024 14:00:20 +0000 https://www.benefitscanada.com/?p=163376 An article on employees’ views of employer-sponsored benefits plans was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Survey finds seven in 10 Canadian workers dissatisfied with their employer’s benefits plan 2. Claims for obesity, diabetes medications up in 2023: […]

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]]> UAP supporting financial wellness with retirement toolkit https://www.benefitscanada.com/benefits/health-wellness/uap-supporting-financial-wellness-with-retirement-toolkit/ Fri, 29 Nov 2024 14:00:20 +0000 https://www.benefitscanada.com/?p=163378 UAP Inc. is supporting employees’ financial wellness and retirement readiness with a new retirement toolkit. The toolkit, which launched this week, explains the company’s retirement savings plans and additional post-employment income sources such as Canada and Quebec Pension Plan benefits, as well as information on adjusting to life in retirement. It also includes resources for […]

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]]> Employer-sponsored pension plans supporting increased employee productivity: survey https://www.benefitscanada.com/pensions/retirement/employer-sponsored-pension-plans-supporting-increased-employee-productivity-survey/ Thu, 28 Nov 2024 20:00:06 +0000 https://www.benefitscanada.com/?p=163374 While nine in 10 (85 per cent) employers that reported decreased employee productivity over the past year cited burnout as a major problem, investing in retirement benefits appears to have a positive impact on these issues, according to a new survey by the Angus Reid Group on behalf of the Healthcare of Ontario Pension Plan. […]

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]]> 85% of Canadians believe employee well-being is a human right: survey https://www.benefitscanada.com/benefits/health-wellness/85-of-canadians-believe-employee-well-being-is-a-human-right-survey/ Wed, 27 Nov 2024 14:00:49 +0000 https://www.benefitscanada.com/?p=162513 Eight in 10 (85 per cent) Canadians feel employee well-being is a human right, according to a new survey by First Onsite Property Restoration. “People don’t want to just be a number,” says Leah Pearson, the organization’s senior director of human resources. “We spend more hours with our work family than we do at home, so […]

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]]> Coverage of the 2024 Healthy Outcomes Conference https://www.benefitscanada.com/events/conference-coverage/coverage-of-the-2024-healthy-outcomes-conference/ Tue, 26 Nov 2024 14:00:19 +0000 https://www.benefitscanada.com/?p=162483 On Oct. 18 in Toronto, the 2024 Healthy Outcomes Conference brought together nearly 140 benefits plan sponsors, experts and other industry thought leaders to exchange ideas and best practices for achieving improved employee health outcomes and enhanced organizational performance. Across several presentations, delegates heard about supporting employees with chronic diseases, preventative health, the future of […]

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]]> 2024 HOC: How collaboration is replacing competition in wellness programs https://www.benefitscanada.com/events/conference-coverage/2024-hoc-how-collaboration-is-replacing-competition-in-wellness-programs/ Tue, 26 Nov 2024 12:59:34 +0000 https://www.benefitscanada.com/?p=162630 Collaboration is the new competition when it comes to wellness, according to Lisa Bélanger, behavioural change expert and researcher, during the keynote session at Benefits Canada’s 2024 Healthy Outcomes Conference. People have an innate desire to belong and connecting with others is fundamental to the human experience, she added. “[Only] about five to 10 per […]

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]]> 2024 HOC: Modernizing group benefits for the workforce of the future https://www.benefitscanada.com/events/conference-coverage/2024-hoc-modernizing-group-benefits-for-the-workforce-of-the-future/ Tue, 26 Nov 2024 12:58:59 +0000 https://www.benefitscanada.com/?p=162632 With Canada’s workforce in the midst of multiple significant demographic shifts, group benefits plans will need to evolve to meet the changing needs of workers, according to Shelley Sjoberg, assistant vice-president of group product development and support at Canada Life. Speaking during Benefits Canada’s 2024 Healthy Outcomes Conference, she pointed to Statistics Canada data that […]

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]]> 2024 HOC: Balancing employee support and drug plan sustainability https://www.benefitscanada.com/events/conference-coverage/2024-hoc-balancing-employee-support-and-drug-plan-sustainability/ Tue, 26 Nov 2024 12:57:39 +0000 https://www.benefitscanada.com/?p=162635 As plan sponsors contend with high utilization of their drug plans and a host of costly new drugs coming to market, a variety of cost-containment measures can ensure plans remain sustainable while still supporting members. Plan sponsors’ annual drug plan spend has been steadily rising, said Martin Gascon, senior director of group benefits at Eckler […]

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]]> 2024 HOC: How preventative health innovations could transform benefits plans https://www.benefitscanada.com/events/conference-coverage/2024-hoc-how-preventative-health-innovations-could-transform-benefits-plans/ Tue, 26 Nov 2024 12:56:11 +0000 https://www.benefitscanada.com/?p=162637 Plan sponsors are facing the perfect storm of rising benefits costs, a surge in chronic disease prevalence and fierce competition for top talent. All the while, 55 per cent of Canadian workers feel their employee benefits plan doesn’t fully meet their needs, according to Telus Health’s mental-health index. More than 50 per cent of plan members […]

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]]> 2024 HOC: How plan sponsors can support employees with migraine https://www.benefitscanada.com/events/conference-coverage/2024-hoc-how-plan-sponsors-can-support-employees-with-migraines/ Tue, 26 Nov 2024 12:55:56 +0000 https://www.benefitscanada.com/?p=162654 While migraine is a complex neurological condition that can significantly impact patients’ quality of life and ability to work, it’s also poorly understood and often accompanied by the weight of stigma, said Elizabeth Leroux, faculty lecturer at McGill University, during a session sponsored by Lundbeck at Benefits Canada’s 2024 Healthy Outcomes Conference. One in 10 Canadians […]

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