BE Responsive Newsletter

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Rio Tinto providing all employees with 18 weeks of paid parental leave
If both parents are Rio Tinto employees, their paid leaves can be taken simultaneously or consecutively and parents are also entitled to additional unpaid leave following the 18-week period.

Liberals, NDP to move forward on dental-care program, national pharmacare
The parties plan to pass a national pharmacare program by the end of 2023 and the dental-care program will see full implementation by 2025.

Dealing with a workplace pension can be first big investing decision for young people
For millennials who haven't yet had a chance to invest outside of mandatory employee pension contributions, figuring out what to do with a pension plan after leaving a job can be daunting.

55% of Canadian employers want employees onsite full time: survey
Less than half (44%) of employers said they support long-term hybrid schedules and employees’ ability to choose where they work, according to a survey by Robert Half.

Question of the Week

How do you define and locate leading companies?

Answer from Alaina Anderson, CFA, Partner, Portfolio Manager, International Leaders,
William Blair Investment Management

Zillennial employees prioritizing environmental, ethical and DEI issues, finds survey
This age group is also increasingly interested in new benefits, such as student debt assistance, with 50% calling it a must-have, according to a new survey by MetLife.

Survey finds U.S. employees confident about retirement, but inflation, pandemic concerns linger
Nearly three-quarters (71%) said they’re very concerned about the impact of inflation on their retirement and 31% don’t know how to make sure their retirement savings keep up, according to a new survey by Fidelity Investments.

Events

Register now for the 2022 DC Plan Summit!

The theme for this year’s conference is The DC plans of the future.

Two years since the global coronavirus was first declared, defined contribution plan sponsors are continuing to tackle several trends affecting their plans and members — What does the current economic landscape mean for investment lineups? How do ESG factors tie into plan priorities? How can plan sponsors use data and technology? Is there a space for hybrid pension plans? What legislative changes are required? What’s ahead for in-plan decumulation options? How can communications and education approaches improve employees’ retirement readiness?

The 2022 DC Plan Summit will feature case studies from plan sponsors already leading the way on these topics, as well as presentations by thought leaders to help employers embrace these changes and prepare for the future. We hope you’ll join us to discuss these topics and more on May 11-13, 2022 at the Fairmont Empress Hotel in Victoria, British Columbia.

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