While just half (49 per cent) of plan members said changes were made to their benefits plan in the past two years, 72 per cent of plan sponsors reported they made changes, according to the 2019 Sanofi Canada health-care survey. More than half (51 per cent) of members said they didn’t know of any changes to their […]
Citigroup Inc.’s employees in Toronto spent Tuesday planting trees and shrubs at a local conservation area for the bank’s global community day. During Citi’s annual event, employees and their family members volunteer time to local causes around the world. It expects the participation of 100,000 Citi volunteers across 450 cities this year, with 1,000 Canadian employees and […]
A good salary, job security and professional development are the top employment criteria for post-secondary students, according to a new survey by Universum Global. The survey, which polled 20,676 students from 162 colleges and universities across Canada, found Canadian employers’ communication strategies to reach generation Z recruits misunderstand what young workers are looking for in […]
The majority of U.S. employees feel they can’t share an idea, opinion or concern at work due to a fear of disrupting their role at the company, according to a new survey by Fierce Conversations. The research, which surveyed more than 1,000 full-time employees across the U.S., found nearly 63 per cent of respondents have chosen not […]
The Canadian Mental Health Association is publishing a free resource to help employers develop new workplace impairment policies or update their existing ones. The guide’s goal is to promote mental health and wellness in the workplace and help employers understand their legal requirements, according to a press release. When creating policies focused on impairment, the resource recommended employers […]
Drug plan design changes are often unavoidable, whether they’re due to a carrier modifying contracts across the board or an employer looking to manage ballooning costs. Generally, “plan sponsors are looking at programs like more managed formularies and, potentially, maximums,” says Suzanne Lepage, a private health plan strategist in Kitchener, Ont. “Changes driven at the […]
PCL Construction Ltd.’s vice-president of human resources and professional development discusses the many dimensions of wellness, virtual health care and hiking in the Rockies. Q. What are the top challenges you face in your role? A. The top challenge right now is getting employees aware and involved with their [benefits] plan. We’re on a flex […]
Over the last year, Morneau Shepell Ltd. has implemented innovative strategies that have fostered openness, diversity and well-being, according to its inaugural corporate social responsibility report. The company introduced new diversity and inclusivity practices in March 2018, implementing a board diversity policy to maintain a minimum of 30 per cent women and 30 per cent men. […]
When trying to engage pension members in retirement planning, some words are better than others. Rob Kochel, vice-president at Invesco Ltd., advised employers at Benefits Canada’s 2019 Benefits and Pension Summit to do away with the financial industry jargon they use to explain retirement concepts to their plan members. “It’s not what you say, it’s what people […]
Alongside Hydro One Ltd.’s initial public offering in November 2015, the company underwent an internal transformation by revamping its total rewards program. Previously, the utility organization’s program was very traditional with a fixed salary structure and not much external benchmarking, according to Sabrin Lila, Hydro One’s director of compensation and human resources analytics, noting the company was limited by existing […]