Nearly three-quarters (73 per cent) of U.S. employees who are caregivers for dependants with mental-health challenges wish their employers would offer more mental-health benefits, according to a new survey by the New York Life Insurance Co. The survey, which polled 1,000 employees, found mental-health benefits play a key role in employee satisfaction. The vast majority of […]
When it comes to chronic conditions, there’s a difference in understanding and appreciating — “and this difference goes a long way in helping employers navigate their disability claims and accommodations,” said Yvonne Murphy, director of disability claims and group benefits at Sun Life Financial Inc., during a session at Benefits Canada’s 2023 Chronic Disease at Work conference. […]
Remote working is saving employees an average of 72 minutes in commuting time per day, most of which they’re turning around and spending on work-related duties, according to a study by the U.S. National Bureau of Economic Research. The study, which examined the commuting habits of full-time working adults in 27 countries, found Canadian employees […]
PepsiCo Beverages North America is expanding its U.S. returnship program for women who have taken time off work for caregiving. The program offers 16-week internships for 15 positions — up from 12 last year — and is available to women professionals with a minimum of five years of work experience who have taken at least […]
Nearly two-thirds (62 per cent) of U.S. women say they expect to retire later than originally planned or not at all due to rising inflation, a significant increase from 25 per cent in 2021, according to a new survey by Edelman Data and Intelligence on behalf of Nationwide Mutual Insurance Co. The survey, which polled […]
As the coronavirus crisis moves into an endemic phase, employers are diligently rebuilding their workplaces to suit the new working environment that’s emerged from this cataclysmic disruption. In the meantime, Canadians are facing the rising cost of living and trying to balance the responsibilities in their work and family lives. In the face of all […]
The Bank of Montreal is supporting employee mental health through several benefits, including access to a mindfulness app. “We really appreciate the proactive nature of it,” says Jeff Scott, global head of benefits and wellness at BMO. “We’re trying to strike a balance in our offerings where we have smart proactive offerings as much as […]
A majority (88 per cent) of benefits plan sponsors are very (34 per cent) or somewhat (54 per cent) satisfied with their organization’s virtual health-care offerings, up from nearly three-quarters (74 per cent) in 2021, according to the 2022 Benefits Canada Healthcare Survey. More than a quarter of plan sponsors (29 per cent) and plan […]
Roughly two-fifths (37 per cent) of U.S. employers are increasing the quality of their existing benefits offerings to help with employee retention and attraction efforts, according to a survey by Principal Financial Services Inc. The survey, which polled 500 employers and 200 employees, found the top three enhanced benefits are short- and long-term disability insurance, […]