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Wednesday 09 August 2023
Benefits Canada Daily Newsletters
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Top Stories
Organon encouraging employees to volunteer with paid time off
Organon encouraging employees to volunteer with paid time off
“I think it's important for us as leaders to show this policy isn't about window dressing. If I can set that example and have employees feel free to give their time then I think it sets a positive standard for the organization on our openness and the culture we're trying to build,” says Organon’s Michael Casia.
Wildfires crystallizing threats of catastrophic climate change for pension plan administrators
Wildfires crystallizing threats of catastrophic climate change for pension plan administrators
The B.C. Financial Services Authority has released a discussion paper for consultation that outlines how natural catastrophes and climate-related risks pose a material risk to the sector and how they may impact each segment it regulates.
CAP member outcomes continue to rise in Q2 2023: report
CAP member outcomes continue to rise in Q2 2023: report
Eckler’s latest CAP income tracker found a typical male member retiring at the end of June 2023 achieved a gross income replacement ratio of 62.7% and a female member achieved 61.2%.
 
Summer Reading
Citigroup staff plant trees, work at food banks for annual volunteering day
Citigroup staff plant trees, work at food banks for annual volunteering day
FROM THE ARCHIVES: “It’s a tremendous program that generates a ton of participation and engagement. It allows employees to get out of the office for a day and connect with their peers and colleagues in a way they wouldn’t normally and feel great about the work they’re doing,” says Citigroup's Christine Discola.
 
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In Case You Missed It
Survey finds Canadian employees who volunteer have better mental health
Survey finds Canadian employees who volunteer have better mental health
Nearly two-thirds (61%) of Canadian employees say they volunteered their time or finances in the last two years, reporting an above-average mental-health score, according to Telus Health’s latest mental-health index.
Employers expect to offer wider variety of benefits for different generations: report
Employers expect to offer wider variety of benefits for different generations: report
Demand for non-medical benefits, such as paid family medical leave, emergency savings and financial wellness programs, is expected to increase significantly, according to a new report by LIMRA and EY.