Keyword: benefits plan design

344 results found
Innovative benefits communication nets award for WSP Canada

WSP Canada Inc.’s innovative communications plan to increase employees’ awareness of its benefits plan enhancements netted it the benefits plan communications award at Benefits Canada‘s 2019 Workplace Benefits Awards in Toronto on Oct. 17. In addition to standard email and intranet articles, the professional services firm’s communications plan included using its chief executive officer’s weekly email missives to […]

Epcor Utilities Inc.’s senior manager of pension and benefits talks mental-health training, volunteering benefits and whitewater canoeing. Q. What top challenges do you face in your role? A. A big challenge is employees . . . thinking the company is 100 per cent responsible for all of their paramedical [and] dental costs, and that any […]

Canadian employers expanding benefits, wellness programs: survey

As Canadian employers seek to attract and retain top talent, the majority (66 per cent) are focusing on making salaries more competitive, according to a new survey by Arthur J. Gallagher & Co. However, the survey’s respondents are aware salary isn’t everything. One-third (34 per cent) of employers said they’re upgrading their well-being initiatives to attract talent […]

  • By: Staff
  • October 17, 2019 November 12, 2020
  • 09:00
Ontario launches consultation on benefits plan pooling

The Ontario government has launched a consultation on adopting benefits pooling for broader public sector employees. In previous discussions, both public sector employers and bargaining agents expressed interest in looking at centralized benefits pooling, according to a news release. The government said public sector compensation represents about half of all government spending, at a total […]

Canadian health benefits costs expected to grow 6% in 2020: report

The cost of employer-provided health benefits in Canada is forecasted to rise six per cent in 2020, outpacing general inflation by 1.9 per cent, according to a 2020 trend rates report by Aon. The increase is due to higher costs from the rising spend on drugs in general, noted a press release. Globally, costs for employer-sponsored medical plans in 2020 are expected to increase […]

  • By: Staff
  • September 16, 2019 November 12, 2020
  • 09:00
How KPMG Canada flexed its benefits program with a plan redesign

In 2016, KPMG Canada’s benefits program was facing a perfect storm: the company was starting to see a change in its workforce’s needs; employees didn’t value some of its offerings, found the program difficult to understand and felt the pay and total rewards package weren’t competitive; and the organization’s new management team didn’t believe the […]

2019 Consultants Report: What benefits and pension topics are top of mind for consultants?

Compared to the preceding years, 2019 appears to be the year of steady when it comes to progress on hot topics that resonated in the industry in 2017 and 2018. While no single topic has disappeared from the slate, neither have any new ones risen to become topics of urgency among consultants. “Last year, we […]

What will PMPRB drug pricing changes mean for plan sponsors?

Private plan sponsors can expect to see lower drug prices resulting from recent changes to the Patented Medicine Prices Review Board, but there may also be unintended consequences. The reforms, announced Aug. 9 and expected to come into effect July 1, 2020, will update the reference countries Canada uses to compare its prices internationally. They’ll […]

Feds announce final changes to Canadian drug pricing regulations

On Friday, the federal government announced the final amendments to the Patented Medicine Prices Review Board regulations, estimating the reforms will save Canadians about $13 billion in the next decade and lay the foundation for national pharmacare. The amendments, which were put forward by the government in a consultation in May 2017, include an update […]

  • By: Staff
  • August 12, 2019 November 12, 2020
  • 09:45
Union agreement for legal aid workers includes vision care, sick leave

Legal aid workers who are members of the Canadian Union of Public Employees Local 1949 have signed a tentative agreement that includes an increase in vision care benefits, sick and vacation leave and wages. “This is not just good news for our members, it’s a major victory for our most vulnerable citizens who rely on legal aid services […]

  • By: Staff
  • July 29, 2019 November 12, 2020
  • 08:15