Canadian employers are taking varied approaches to leave, compensation and benefits during the coronavirus pandemic, according to a new survey by Aon. The survey, conducted between April 1 and 3, found two in five employers said they’ve laid workers off temporarily. About a quarter (23 per cent) said they’ve encouraged workers to take annual leave, […]
While 54 per cent of Canadian employees said they prefer a bonus as a holiday reward, just 15 per cent said they expect to receive one this year, according to a new survey by ADP Canada Co. Among employer respondents, the most common reward they provide is a holiday party (40 per cent), followed by holiday […]
A majority of Canadian employees who are expecting to receive a holiday bonus this year want to put it towards their financial well-being, according to a new survey by Robert Half International. More than a quarter (27 per cent) of the 500 surveyed employees said they’re expecting a bonus this year. Nearly half (47 per cent) […]
In 2019, employers are increasingly making diversity and inclusion initiatives and education assistance for employees part of their total rewards offerings, according to new research by WorldatWork. Its annual inventory of total rewards programs and practices, which surveyed more than 700 U.S. employers, found the percentage of organizations offering employees some form of education assistance — through scholarship, student […]
The Ontario Court of Appeal has ruled that a strict examination of the language of an incentive plan is the key to determining whether a terminated employee is entitled to damages for a lost opportunity to earn incentive plan compensation during the reasonable notice period. “If there’s something in the language that clearly entitles the […]
The majority of Canadian organizations are continuing to invest in salary increases, with just six per cent reporting a salary freeze for executives and 4.8 per cent reporting a salary freeze for non-executives in 2019, according to a new survey by Mercer Canada. This year, merit budgets increased to 2.6 per cent, on average, and […]
Employers and employees aren’t on the same page when it comes to non-monetary perks and incentives, according to a survey by staffing company Robert Half Canada Inc. The survey, which polled 1,500 workers and 600 human resources managers in North America, found flexible work schedules, compressed workweeks and the ability to work remotely are the most […]
Canadian workers’ pay isn’t about to skyrocket, according to a new survey by Willis Towers Watson. The survey found pay raises will likely remain at an average of 2.8 per cent for client management employees in 2019, the same rate as last year. The outlook is also flat, at 2.7 per cent, for employees in production and manual labour. […]
Florida fund claims company violated fiduciary obligations.