Employees dealing with mental-health or other well-being issues spend more than a third of their time at the office being unproductive, according to new research by Morneau Shepell Ltd. and the International Employee Assistance Professionals Association. The research found this ineffective time at work adds up to eight days a month of lost productivity. The same […]
With a defined benefit plan closed since 1991, Husky Energy Inc. was facing a dilemma. It wanted to annuitize the plan but had active members still accruing benefits and wasn’t ready for a complete windup. To the organization’s knowledge, no products were available in Canada for plans to provide an annuity for active members still […]
With a defined benefit plan closed since 1991, Husky Energy Inc. was facing a dilemma. It wanted to annuitize the plan but had active members still accruing benefits and wasn’t ready for a complete windup. To the organization’s knowledge, no products were available in Canada for plans to provide an annuity for active members still […]
The contents of employee assistance programs are growing and reflecting a wider range of services. At the same time, attitudes to pricing are also changing. Trader Corp., a Toronto-based digital marketing company serving the automotive industry, expects more from its EAP provider and is willing to pay for it. “Our workforce is increasingly diverse with […]
Technology is changing the way we live, but it’s also affecting how work is done and the way workspaces are designed. Indeed, computers have made the need for a core physical space where employees work together almost obsolete. In 2018, Harvard researchers Ethan Bernstein and Stephen Turban studied this concept with 150 employees for three […]
Pooled pension fund managers bounced back in the first quarter of 2019, posting a median return before management fees of 8.3 per cent, up from the negative 5.6 per cent return they posted in the final quarter of 2018, according to Morneau Shepell Ltd.’s latest data. However, the firm’s pension performance universe came in 0.4 per […]
Since recreational cannabis was legalized across Canada six months ago, related workplace problems have mainly been notable by their absence. “It’s been a surprising lack of significant issues arising in the workplace,” said Angelo Tsebelis, president at Starseed Medicinal Inc., during a panel at Benefits Canada’s 2019 Benefits and Pension Summit in Toronto on Wednesday. This […]
The conflation of medical and recreational cannabis can present challenges when it comes to workplace policies, says Gregory Clooney, a lawyer and senior legal consultant at Morneau Shepell Ltd. “This should be avoided as these are two very different concepts to be addressed within their own context,” he says. “Yes, there’s some potential overlap, but this can […]
In early 2016, Rogers Communications Inc. announced it would be closing its defined benefit plan to new entrants and replacing it with a defined contribution plan. The company offered staff six months to enrol in the DB plan before its closure on July 1, 2016. While it faced several challenges in administering the DB plan, […]
With the availability of more than 318,000 digital apps, and the development of more than 80,000 new ones each year, it’s a wonder Canada’s workplace health benefits plans haven’t moved more quickly to digital. This is likely due to the country’s siloed health-care system, with each province and jurisdiction taking its own approach. Streamlining the […]