More than two-thirds of global employers view the lack of key talent and uncertain economic growth (68 per cent for both) as the top threats to their businesses, according to a survey by Russell Reynolds Associates. The survey, which polled more than 2,500 global board directors, C-suite leaders and next-generation leaders, found 62 per cent of […]
Before new pay transparency legislation takes effect in Ontario, it’s important for employers to ensure their current compensation structure is in order, says Dominic Girard, a senior consultant in compensation at Arthur J. Gallagher and Co. If passed, the legislation would require employers to include expected salary ranges in job postings so candidates are better poised to make informed […]
More than half of Indigenous Canadians working in the information technology sector say they’ve experienced discrimination at their current workplace (59 per cent) and have played down their Indigenous background to fit in better at work (56 per cent), according to a new survey by registered charity ComIT.org. The survey, which polled more than 500 […]
More than two-fifths of small- and medium-sized employers say labour shortages (46 per cent) and employee retention (42 per cent) are among their top business concerns for 2024, according to a new survey by Peninsula Employment Services Ltd. The survey, which polled 79,000 SMEs across Australia, Canada, Ireland, New Zealand and the U.K., found more […]
Achieving a diverse, equitable and inclusive workplace requires a multi-pronged approach that ensures inclusion is embedded into business practices, beginning with traditional recruitment practices. After the social justice movement of 2020 in response to the death of George Floyd, employers across the globe pledged to address systemic racism in the workplace. Indeed, many Canadian employers […]
A majority (84 per cent) of Canadian job seekers define success through work-life balance as opposed to climbing the corporate ladder, according to a new survey by the Harris Poll on behalf of Express Services Inc. The survey, which polled more than 500 Canadian hiring decision-makers and more than 500 employees who are looking for […]
More than a quarter (28 per cent) of employees say they’re planning to leave their current employer within a year, according to a new survey by the Boston Consulting Group. The survey, which polled 11,000 workers across the globe, found nearly two-thirds (63 per cent) cited pay/compensation as their No. 1 reason for seeking a new […]
Any employer focused on attracting and retaining great people understands the importance of providing a competitive benefits program that supports employees through all stages of their health and well-being. The Healthcare of Ontario Pension Plan’s annual Canadian employer pension survey found a growing number of businesses are opting to improve benefits as a means to […]
The assets of Canada’s top 10 capital accumulation plan providers increased by 12.9 per cent over the previous year, from roughly $250,366 million at June 30, 2022 to $282,772 million at June 30, 2023, according to the latest report by the Canadian Institutional Investment Network. The CIIN, which is a companion site to Benefits Canada […]
A story about why employers might want to reconsider urging employees to use up their benefits was the most-read story on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investment stories of the past week. 1. Expert warns against urging employees to use up benefits by end of year 2. Worker demand […]