The 2024 Benefits Canada Healthcare Survey highlighted the perfect storm plan sponsors are facing: trying to strike the right balance between competitive benefits and plan sustainability. It’s something that resonates with the benefits leads of three major Canadian employers, who said during Benefits Canada’s report launch event that benefits utilization and meeting the needs of a […]
U.S. generation Z employees are more likely to expect a tailored, year-round benefits experience than other employees, according to a new survey by MetLife Inc. The survey, which polled more than 2,800 employers and more than 5,000 employees, found nearly two-thirds (63 per cent) of gen-Zers said they wish their employer offered more personalized benefits […]
The majority of U.S. workers who say they understand their workplace benefits plan are happier (76 per cent) and have a greater sense of overall stability at work (82 per cent) than those who don’t understand their benefits (47 per cent and 52 per cent, respectively), according to a new survey by MetLife Inc. The […]
The TD Bank Group’s innovative and engaging benefits communication strategy led to its win in the Benefits plan communications category at the 2022 Workplace Benefits Awards on Oct. 18. “It’s humbling and overwhelming to win this award,” says Darryl Burton, associate vice-president of Canadian and international benefits and well-being at TD. “When we’re trying to plan communications […]
Nearly half (48 per cent) of U.S. workers say inflation is making it difficult for them to pay for their employee benefits, according to a survey by the Hartford Financial Services Group Inc. The survey, which polled 900 employees, found although more than a third (39 per cent) said their overall health has improved thanks to […]
Nearly two-thirds (63 per cent) of employees say their current benefits package makes them at least somewhat more likely to remain with their employer, according to a new survey by LIMRA. It found 61 per cent of employees who receive more than six benefits reported being satisfied with their benefits package, whereas only a third […]
Employers, employees and benefits advisors alike have long struggled with the inefficient and largely paper-based approach to administrating benefits. Advisors face long wait times for quotes, employers face the annoyance of a slow onboarding process that prevents employees from accessing their benefits immediately after enrolment and employees can have difficulty submitting claims and face confusion […]
The percentage of U.S. employers offering new or additional voluntary benefits increased by 41 per cent during the 2022 enrolment period, according to a new survey by Aon. The survey attributed this growth to employers’ talent retention and attraction strategies, as well as employee demand for supplemental health insurance products during the coronavirus pandemic. The […]