Quebec retirement complex developer Selection Group is giving its employees and residents free access to a virtual care app during the coronavirus crisis and for two months afterward. The service, through Telus Health, will be available to about 3,000 staff and about 15,000 residents. It will be gradually rolled out across the organization’s complexes over […]
As employers across the globe adjust their work environments to help slow down the spread of the coronavirus, one thing that shouldn’t get lost in the fray is a focus on supporting employees’ mental health. Employees are facing a myriad of stressors right now, including financial worries about the effects of the volatile market on […]
Nola Miller remembers the day she received 19 calls from her mother at work. As a group home co-ordinator for Winnipeg Child and Family Services, she’d mastered the demands of her job, but the stress of caring for her aging mother was weighing on her. “When you’re at work, and you’re getting calls like that, […]
West Fraser Timber Co. Ltd. isn’t annuitizing multiple defined benefit plans to get out of the pension business. In fact, the British Columbia-based integrated wood products company is committed to DB. “We believe we get tremendous value out of our DB plans around recruitment and definitely around retention of our employees,” says Elaine Jensen, the […]
Franklin Resources Inc., operating as Franklin Templeton, is acquiring investment management company Legg Mason Inc. The all-cash deal priced Legg Mason’s common shares at US$50. As part of the transaction, Franklin Templeton will assume the manager’s outstanding debt of about US$2 billion. Legg Mason and its multiple affiliates collectively manage about $806 billion, including Brandywine Global, Clarion Partners, […]
West Fraser Timber Co. Ltd. isn’t annuitizing multiple defined benefit plans to get out of the pension business. In fact, the British Columbia-based integrated wood products company is committed to DB. “We believe we get tremendous value out of our DB plans around recruitment and definitely around retention of our employees,” says Elaine Jensen, the […]
Historically, Epcor Utilities Inc. provided employees with $1,000 in annual coverage for each paramedical service, ranging from massage therapists, physiotherapists and chiropractors to speech therapists, naturopaths and dieticians. But in 2018, the Edmonton-based utilities company looked at its annual paramedical costs and found its massage therapy spend had ballooned to nearly match the cost of […]
Employers promote competition, interactive booths and benefits information to engage employees in their wellness offerings. “Someone lasted seven minutes,” says Stephanie Enright, the Mississauga, Ont. company’s director of talent management and administration. “Our employees really like the competitiveness, and these activities help draw people to the health fair.” Over the last decade, the organization’s health […]
Life expectancy at age 65 has marginally increased for Canadian men while remaining stable for Canadian women, according to new data from Statistics Canada. It found life expectancy for Canadian men at age 65 increased to 19.4 years in 2018, up from 19.3 in 2017. In comparison, for Canadian women at age 65, life expectancy […]
More than three-quarters (76 per cent) of Canadians said the support offered by their employer around mental health is critical to how they view their workplace, according to a new survey by Morneau Shepell Ltd. Speaking at Morneau Shepell’s annual mental-health summit in Toronto on Wednesday, Paula Allen, the organization’s senior vice-president of research, analytics and […]