More than two-thirds (71 per cent) of small- and mid-sized U.S. employers said offering more employee benefits helps improve retention, while 70 per cent said benefits help with recruitment efforts, according to a new survey by Principal Financial Services Inc. The survey, which polled more than 1,000 employers, found two-thirds (67 per cent) said employee […]
This summer, KPMG in Canada is helping staff refresh and recharge by making every weekend a long weekend. As the country prepares to enter the third year of the coronavirus pandemic, the professional services firm is giving employees in Canada seven additional paid days off in July and August that will fall on weekends that […]
Manulife Financial Corp. is once again giving $50 to each of its 37,000 global employees in their local currencies to “pay it forward” this holiday season. The organization first introduced the charitable giving program in 2020 during the first holiday season since a global pandemic was declared in lieu of traditional end-of-year company celebration events and gifts. Now, […]
Nordstrom Inc. is ramping up its hiring efforts this holiday season by offering new employees up to $650 in incentive pay. As the busy holiday shopping season kicks off, the retailer, which operates 13 stores across Canada, is hiring seasonal and regular workers at its Nordstrom and Nordstrom Rack stores. In addition to a hiring bonus, hourly and overnight store […]
Whole Foods Market is offering its employees enhanced overtime and bonuses for hours worked during the busy holiday season. The grocery chain, which has 10 stores across Canada, is providing hourly store and facility employees enhanced overtime equivalent to two-times base wage and a one-time “appreciation” bonus for hours worked between Oct. 4, 2021 and […]
Unilever Canada’s holistic approach to supporting employees’ health and well-being throughout the coronavirus pandemic scored the company a win at Benefits Canada’s 2021 Workplace Benefits Awards on Oct. 14. The organization was awarded in the Coronavirus and Benefits category for an employer with fewer than 5,000 employees. Unilever’s global well-being framework is based on four […]
Canadian employers are using bonuses to attract and retain employees in a difficult labour market, according to a new survey by Mercer. Half (50 per cent) of respondents said they’re providing sign-on bonuses for select new non-executive hires. And while 55 per cent aren’t offering retention bonuses, 35 per cent said they’re being provided for […]
Senior executives of some of Canada’s largest companies saw their total pay increase by an average of 17 per cent, or $171,000, in 2020 compared to 2019, according to a new report by the Canadian Centre for Policy Alternatives. The CCPA tracked the compensation of 1,096 senior executives, including those in the C-suite, using filings […]
The first strike at Vale Canada in more than a decade is drawing to a close after unionized workers at the Sudbury, Ont., mine ratified a collective agreement that includes improved pension and health benefits. Through the agreement — which expires May 31, 2026 — the monthly pre-age 65 defined benefit pension will increase by $50 to […]
More than 2,000 workers at a Vale nickel mine in Sudbury, Ont., are continuing their strike after their union, United Steelworkers Local 6500, rejected the company’s five-year contract proposal, which cuts health and medical benefits for existing and future employees. The June 14 offer was Vale’s second since the workers went on strike June 1, […]