Tonya Johnson, age 39, is single, happy and freezing her eggs to buy a little more time before she starts a family. The procedure is costly — as much as $15,000 for one egg freezing cycle with medication — putting it out of reach for many. But Johnson works for one of a growing number of companies in Canada offering egg freezing as […]
PricewaterhouseCoopers Canada is supporting employees with enhanced family-building benefits. The enhanced benefits, provided by Sun Life Financial Inc., include coverage for procedures and drugs related to fertility; lab services, testing and other surrogate medical expenses; prenatal fitness classes, vitamins and other expenses related to surrogate wellness; as well as agency fees and other expenses related […]
Nearly three-quarters (74 per cent) of U.S. employers say they offer hybrid work arrangements, according to a new survey by the International Foundation of Employee Benefit Plans. The survey, which polled more than 500 employers, found 55 per cent said they offer fully remote working arrangements while 57 per cent offer flexible work hours. In […]
The TD Bank Group’s inclusive benefits offerings resulted in a win in the Drug and benefits plan innovation category at Benefits Canada’s 2022 Workplace Benefits Awards on Oct. 18. In March, the bank enhanced coverage to include fertility and reproductive treatments and introduced new surrogacy and adoption benefits, with a $20,000 lifetime maximum for each benefit. “We heard […]
Labatt Breweries of Canada’s wide-reaching diversity, equity and inclusion strategy led to a win in the DEI program category at Benefits Canada’s 2022 Workplace Benefits Awards on Oct. 18. “The whole team is thrilled with the win and that all their hard work and efforts have paid off,” says Robin Doobay, senior manager of total rewards […]
The provision of employer-sponsored benefits has evolved significantly over the last 45 years, with the past decade ushering in the most consequential changes, fueled by technology, increased competition and demand. In the 80s and 90s, benefits plans were very siloed and one size fits all, says Chris Pryce, founder and president of Human Capital Benefits, […]
Walmart Inc. is teaming up with a fertility startup to offer benefits under its insurance plan that will help its U.S. workers expand their families. The retail giant is partnering with New York-based Kindbody to offer benefits such as in-vitro fertilization, as well as fertility testing regardless of sex, sexual orientation, gender identity or marital […]
HSBC Bank Canada is enhancing its benefits plan by adding new coverage for fertility treatments, surrogacy and gender affirmation. The bank is introducing a surrogacy medical benefit up to a maximum of $30,000 per lifetime for eligible surrogacy medical expenses incurred by a surrogate and fertility treatments up to a maximum of $20,000 per lifetime for […]
More than two-thirds (70 per cent) of large U.S. employers are planning to beef up their benefits plans in 2023 to enhance their attraction and retention efforts, according to a new survey by Mercer. The survey, which polled more than 700 employers, found a third (32 per cent) of large employers already offer inclusive family-building […]
Manulife Financial Corp. is supporting its LGBTQ2S+ employees during Pride Month and beyond with speaker sessions and ongoing enhancements to its benefits plan. Throughout June, the insurer held numerous webinars, speaker series and learning sessions that continue to educate employees and support the company’s LGBTQ2S+ workers, said Michelle Taylor-Jones, the company’s global chief diversity, equity and […]