Like many other countries around the world, Poland’s aging population is increasingly highlighting the topic of retirement savings. “Each year, the number of pensioners increase while the fertility rate decreases,” says Sebastian Ludwin, a Poland-based pension projects leader and business development manager at Aon. “On top of that, the public pension replacement rate also decreases […]
With 57 per cent of Canadian employees expecting flexible working arrangements to continue post-coronavirus pandemic, 54 per cent of Canadian employers are adopting a hybrid working arrangement, according to a new survey by Mercer Canada. The survey found 61 per cent of employees said they prefer to work from home and, currently, 77 per cent […]
It’s 18 months this week since a global coronavirus pandemic was first declared and employers are applying many hard lessons learned as Canadian organizations and employees stare down further uncertainty wrought by the Delta variant, fourth wave and stagnant vaccination rates. As the country and world looks towards another tumultuous fall and winter, employers are […]
The Toronto Transit Commission Pension Plan is naming Anthony Tang as its portfolio manager of public markets. In the new role, Tang will oversee about 39 per cent of the $8-billion plan’s total assets under management. As of its most recent investment report, published in 2020, the TTC’s pension plan had about $3.12 billion under […]
Air Canada’s recent decision not to offer rapid testing as an alternative for employees who refuse to be vaccinated against the coronavirus sets a tough new precedent that other companies may emulate, experts say. Canada’s largest airline will require all employees to disclose their vaccination status by Oct. 30. Employees who don’t have a valid reason […]
With many women at risk of outliving their retirement savings, employers can help by educating female employees about their investment options, says Michelle Connell, a chartered financial analyst and owner of Portia Capital Management. Since women are often the primary caregivers, she says they tend to put less money into their retirement accounts than men […]
Health Economics and Private Plans. The 2021 Canadian Leadership Council on Drug Plan Partnerships brought together benefits industry stakeholders to examine the evolution of health economics and formulary decision-making in Canadian private drug plans.
The past year and a half has been characterized by marked change. The move to remote work, industry layoffs and the desire for more robust support left plan sponsors and consultants rapidly altering the ways they work together. Certain trends, such as virtual care, mental-health support, changing retirement needs and industry consolidation have slowly been […]
In today’s talent-driven market, competitive salaries are no longer enough. Following more than a year of pandemic worry, social isolation, and increased stress, more and more employees want workplace benefits that support their overall health. In fact, a LifeWorks (formerly Morneau Shepell) study reported that 77 per cent of employees would consider changing jobs for […]
While many organizations had to press pause on their hiring plans at the start of the coronavirus pandemic, Willful, a Canadian online estate planning company, had to ramp up its hiring efforts during this time. Before the pandemic, all new employees at Willful received a variety of perks, including a $500 annual education budget, summer […]