BE Responsive Newsletter

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Survey finds majority of employers say attraction, retention increasingly impacting total rewards decisions
More than a third (36%) of employers reported a turnover rate of 15% or more in 2022 and 9% reported a turnover rate of 30% or more, according to a new survey by Gallagher.

IMCO committing 20% of its portfolio to climate solutions by 2030
The investment team is pursuing long-term sustainable solutions and wants to capitalize on opportunities pushing for a low-carbon economy, said Rossitsa Stoyanova, IMCO's CIO, in a press release.

80% of SME workers consider benefits before accepting new role: survey
Nearly three-quarters (73%) of SME workers with a benefits plan say they'd stay with their current employer even if they were offered more money elsewhere, according to a new survey by Medavie Blue Cross.

Majority of U.S. DB pension plan sponsors expect to divest liabilities over next 4 years: survey
Nearly all (94%) employers polled said the financial impacts of volatility and related risks on their balance sheets and income statements have them weighing their DB plan’s value against the cost of the benefit, according to a survey by Metlife and Gallup.

Question of the Week

How is Beneva currently handling major claimants and the need to control the cost of prescription drugs?

Answer from Sandra Demers, Pharmacist Director – Pharmaceutical Expertise and High Cost Drug Management, Beneva

Employers play crucial role in supporting employees' savings amid rising cost of living: expert
“Along with helping employers support their goals of attraction and retention, starting a group savings plan is a great way to help employees bridge the savings gap — what they’re able to save versus what they need to save,” says RBC’s Doug Crowe.

BCI investing in new loan operator, Canadian pension-backed Swedish battery maker to open facility in Quebec
The BCI was among a group of investors participating in the launch of a loan company, while a Swedish battery manufacturer backed by three of Canada's largest pension plans will open a multi-billion dollar facility in Quebec.

Events

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