Many working Canadians aged 50 and older are overly confident about their level of retirement preparation, a new study from Morneau Shepell has found. Their employers, on the other hand, often have a more realistic view. Nearly a quarter (24 per cent) of the employees surveyed don’t think they’ll be financially prepared at retirement. More […]
Only 26 per cent of dissatisfied employees are aware of their workplaces’ health benefits plans, according to the 2016 Sanofi Canada Healthcare Survey. That number rises to 38 per cent for satisfied employees, indicating a correlation between awareness and personal states of mind. “Communication is clearly an issue,” said one of the survey’s advisory board members, […]
There’s a “noteworthy” gap between how plan sponsors view benefit plans and employees’ perspectives on them, according to a member of the advisory board for the Sanofi Canada Healthcare Survey. While 35 per cent of employees aged 55 to 64 see their benefits as extra compensation, only 21 per cent of sponsors feel similarly, the […]
As residents of Fort McMurray, Alta., continue to deal with the fallout from the recent wildfires that have ravaged the city, organizations like Morneau Shepell are boosting employee assistance programs in the area. The company is launching a Fort McMurray crisis line in addition to deploying trauma counsellors to the area. It’s also setting up […]
It’s been a busy season for backtracking on government efforts to rein in the costs of pension and benefits programs. In March, the federal Liberals announced they’d reverse a decision by the previous Conservative government to raise the eligibility for old-age security to age 65. Then in April, the Ontario government said it would backtrack […]
You don’t even have to pick up the phone anymore to call in sick. Today, skipping work can be as simple as sending a brief text or email message to your supervisor. But that simplicity can come at a cost in terms of lost productivity and other consequences. Yet in an age of obsession with […]
While at a previous job with a school board, Karla Kochan would often see teachers quickly scale back their retirement plans after they had stopped working. “We would see teachers retire, and three months later, they were on a sub list because they didn’t know what to do with themselves,” says Kochan, who’s now senior […]
Supporting and treating mental health illnesses, such as depression, can yield a return of $4.80 for every $1 spent, according to new research by Morneau Shepell. The study analyzed the productivity and attendance data of 227 individual cases from a range of employers that offer one of the firm’s mental-health offerings as part of its employee and family […]
Bell Canada has launched two new support programs under its employee assistance program. Its new peer support referral program connects staff and their family to support groups for a variety of mental health-related issues, and its online group counselling for anxiety program uses cognitive behavioural therapy. Both are available through its provider, Morneau Shepell. The new programs, […]
More than 1.5 million employees in the greater Toronto and Hamilton area have experienced a mental-health issue, according to new research by CivicAction. The study, the result of research supported by Morneau Shepell and the Canadian Centre for Economic Analysis, estimated the impact at almost $17 billion in lost productivity over the next decade. “This is […]