While defined contribution pension plans evolve and defined benefit plans decline, the McGill University pension plan is a true blend of both types — at least for some employees. When Sebastien Betermier, an associate professor of finance at the university’s Desautels Faculty of Management, joined the plan after 2009, a DC arrangement was available for […]
The employment landscape has changed drastically in recent years. With new technologies frequently being introduced into the workplace and older systems slowly being phased out, there has been a transformation of both the type of jobs available and the way we interact within them. New technologies have created more efficient methods of communication and provided […]
The Coalition of Family Physicians and Specialists of Ontario (COFPS) is making a public plea for the Ontario government to consider a hybrid healthcare system that would allow those who wish to pay for expanded or faster medical services the ability to do so.
Three-quarters of Canadian organizations (and 67 per cent of global employers) either offer or are keen to offer benefits choice or flexible benefits, according to a new survey by MBWL International, an international joint venture between Barnett Waddingham, Milliman Inc., Lurse and Normandin Beaudry. The survey, which polled more than 250 global employers, found 27 per cent […]
Flight Centre Travel Group’s pair of wins in the 2023 Workplace Benefits Awards is reminding employees of the mental and physical wellness offerings available through the company’s benefits plan, says Anna Fisher, the organization’s health and wellness director. “I think, too, that the awards have provided validation for our employees that we do want to […]
The use of obesity medications among Canadian employer-sponsored benefits plan members has grown substantially, with claims increasing 42 per cent in 2023 and roughly 92 per cent since 2020, according to a new report by Manulife Financial Corp. The report, based on aggregate claims data, found more women are using obesity drugs than men (79 […]
Two-fifths (43 per cent) of U.S. employees say they’re more afraid of working in an office full time than of losing their romantic relationship or getting a divorce, according to a new survey by LiveCareer. The survey, which polled more than 3,800 employees, also found many workers are more fearful of the prospect of full-time […]
An article on how remote and hybrid working arrangements are leading to a ‘Great Exhaustion’ was the most-read story on BenefitsCanada.com. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. Rise of remote, hybrid working leading employees to a ‘Great Exhaustion,’ says expert 2. Sounding Board: How employers can create […]
Neuro-inclusion means creating an inclusive employee life cycle for neurodivergent professionals by employing technology, processes and support systems that accommodate their unique needs and enhance the experience of securing and advancing a career for these workers. Creating a truly inclusive work culture requires collaboration at all levels of an organization. While it may seem like […]
More than two-fifths of small- and medium-sized employers say labour shortages (46 per cent) and employee retention (42 per cent) are among their top business concerns for 2024, according to a new survey by Peninsula Employment Services Ltd. The survey, which polled 79,000 SMEs across Australia, Canada, Ireland, New Zealand and the U.K., found more […]