BIPOC – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 15 Jul 2024 20:34:28 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Editorial: Viewing pensions, benefits through a DEI lens https://www.benefitscanada.com/archives_/benefits-canada-archive/editorial-viewing-pensions-benefits-through-a-dei-lens/ Fri, 21 Jun 2024 13:00:34 +0000 https://www.benefitscanada.com/?p=156699 While the coronavirus pandemic’s impact on public health and the global economy dominated the news cycle in recent years, there has been no shortage of incidents that draw awareness to social disparities the world over, from the murders of George Floyd and Breonna Taylor in 2020 to the ongoing discovery of unmarked graves at Canada’s […]

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]]> Head to head: Are employers effectively using monthly awareness campaigns to support year-round DEI efforts? https://www.benefitscanada.com/archives_/benefits-canada-archive/head-to-head-are-employers-effectively-using-monthly-awareness-campaigns-to-support-year-round-dei-efforts/ Fri, 21 Jun 2024 12:59:15 +0000 https://www.benefitscanada.com/?p=156710 One consultant says these campaigns are informing employers’ strategic decision-making, while another stresses the importance of ensuring employees understand the reason for marking these occasions. Michelle Grocholsky, founder and chief executive officer, Empowered EDI Many employers are aligning these monthly campaigns to support and advance strategic diversity, equity and inclusion actions. For example, employee storytelling campaigns […]

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]]> How BNP Paribas’ DEI strategy is attracting, supporting diverse talent https://www.benefitscanada.com/archives_/benefits-canada-archive/how-bnp-paribas-dei-strategy-is-attracting-supporting-diverse-talent/ Fri, 21 Jun 2024 12:58:17 +0000 https://www.benefitscanada.com/?p=156702 While employers in the financial services industry have made some progress in attracting diverse talent across the traditionally male-dominated sector, there’s still a long way to go. To this end, BNP Paribas is widening its talent pool and supporting a diverse workforce through a comprehensive diversity, equity and inclusion strategy that encompasses recruitment, leadership training […]

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]]> Association of Ontario Midwives Benefits Trust supporting employees with financial literacy, DC plan options https://www.benefitscanada.com/events/conference-coverage/association-of-ontario-midwives-benefits-trust-supporting-employees-with-financial-literacy-dc-plan-options/ Fri, 10 May 2024 11:56:25 +0000 https://www.benefitscanada.com/?p=154784 Financial literacy initiatives and a wide range of capital accumulation plan options are key components in supporting the financial health of midwives, said Nicole Mellin, executive director of the Association of Ontario Midwives Benefits Trust (pictured left), during a session at Benefits Canada’s 2024 Defined Contribution Plan Summit in February. The association provides its roughly […]

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]]> What can Canadian DC plans learn from U.S. pension legislation? https://www.benefitscanada.com/events/conference-coverage/what-can-canadian-dc-plans-learn-from-u-s-pension-legislation/ Fri, 10 May 2024 11:52:09 +0000 https://www.benefitscanada.com/?p=154823 Features such as automatic enrolment in 401(k) savings plans are helping U.S. employees become retirement ready, said Mark Iwry, a non-resident senior fellow at the Brookings Institution and a former senior advisor to the U.S. Secretary of the Treasury for national retirement and health policy, during a session at Benefits Canada’s 2024 Defined Contribution Plan […]

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]]> Caisse reports more than $53 billion in low-carbon assets https://www.benefitscanada.com/canadian-investment-review/strategies/caisse-reports-more-than-53-billion-in-low-carbon-assets/ Tue, 16 Apr 2024 13:00:14 +0000 https://www.benefitscanada.com/?p=154279 The Caisse de dépôt et placement du Québec is reporting $53 billion in low-carbon assets, including $15 billion in Quebec, representing an overall increase of $35 billion in low-carbon assets since 2017, according to the investment organization’s latest sustainable investing report. It found the investment organization has more than $330 billion in assets with a […]

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]]> Workers from equity-deserving groups say they’re paid less, receive fewer opportunities: survey https://www.benefitscanada.com/news/bencan/workers-from-equity-deserving-groups-say-theyre-paid-less-receive-fewer-opportunities-survey/ Mon, 08 Apr 2024 13:00:44 +0000 https://www.benefitscanada.com/?p=153984 North American employees who are part of equity-deserving groups continue to report shortfalls in salary and advancement opportunities compared to other workers, according to a new survey by the Robert Walters Group. The survey, which polled 6,000 workers, found 72 per cent more men than women said they earn a salary of $55,000 or more. […]

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]]> How investment organizations’ DEI strategies are helping attract, support BIPOC talent https://www.benefitscanada.com/news/cir-news-news/how-investment-organizations-dei-strategies-are-helping-attract-support-bipoc-talent/ Thu, 22 Feb 2024 14:00:23 +0000 https://www.benefitscanada.com/?p=152124 The issues that lay at the root of the social justice unrest of 2020 haven’t dissipated and four years later, many investment organizations are focusing on building up their internal support networks for employees from the Black, Indigenous and people of colour communities, says Sri Vemuri, senior vice-president and national sales manager at Capital Group Canada. “While […]

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]]> Fewer than 40% of Black Americans say they’ve saved enough for retirement: survey https://www.benefitscanada.com/pensions/retirement/fewer-than-40-of-black-americans-say-theyve-saved-enough-for-retirement-survey/ Fri, 16 Feb 2024 14:00:38 +0000 https://www.benefitscanada.com/?p=152051 Fewer than four in 10 Black Americans say they’ve saved or are saving enough for retirement according to a new survey by LIMRA. The survey, which polled 3,000 employees, also found Black Americans were less likely than the general population to have invested in a workplace retirement account (37 per cent compared to 46 per […]

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]]> Feds launching web tool to track representation, pay disparity for women, minorities https://www.benefitscanada.com/news/bencan/feds-launching-web-tool-to-track-representation-pay-disparity-for-women-minorities/ Tue, 06 Feb 2024 20:00:40 +0000 https://www.benefitscanada.com/?p=151654 The federal government has launched a new pay transparency website to better illustrate how women, visible minorities, people with disabilities and Indigenous Peoples are represented and paid at federally regulated private sector employers. The new site, called Equi’Vision, provides a visualization that allows users to compare data on workforce representation rates and pay gaps experienced […]

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