compensation – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 18 Nov 2024 21:50:49 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Only 16% of Canadian employers have implemented pay transparency strategy: survey https://www.benefitscanada.com/news/bencan/only-16-of-canadian-employers-have-implemented-pay-transparency-strategy-survey/ Tue, 12 Nov 2024 14:00:17 +0000 https://www.benefitscanada.com/?p=162541 Only 16 per cent of Canadian employers have implemented a pay transparency strategy, while 41 per cent have strategies in development and 22 per cent plan to develop their strategy within the next year, according to a new survey by Mercer. The survey, which polled more than 1,100 global companies, found 60 per cent said […]

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]]> Survey finds 83% of gen Z frontline workers feel burned out https://www.benefitscanada.com/news/bencan/survey-finds-83-of-gen-z-frontline-workers-feel-burned-out/ Fri, 01 Nov 2024 19:00:12 +0000 https://www.benefitscanada.com/?p=162206 The majority (83 per cent) of generation Z frontline workers say they feel burned out, compared to 75 per cent of all frontline employees, according to a new survey by UKG Inc. The global survey, which polled nearly 13,000 workers, found 36 per cent of gen Z workers said they’d quit their job because it negatively […]

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]]> 32% of Canadian employees saving less during the summer: survey https://www.benefitscanada.com/news/bencan/32-of-canadian-employees-saving-less-during-the-summer-survey/ Wed, 16 Oct 2024 13:00:42 +0000 https://www.benefitscanada.com/?p=161308 While 55 per cent of Canadian workers say their ability to save money remained unchanged during the summer months, 32 per cent indicated they saved less than anticipated over that period, according to a new survey by ADP Canada Co. The survey, which polled more than 1,200 workers, found more than half (56 per cent) […]

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]]> 58% of Canadian employers communicating pay information regardless of regulations: survey https://www.benefitscanada.com/news/bencan/58-of-canadian-employers-communicating-pay-information-regardless-of-regulations-survey/ Wed, 25 Sep 2024 19:00:12 +0000 https://www.benefitscanada.com/?p=160458 The majority of U.S. (86 per cent) and Canadian (58 per cent) employers say they communicate pay rates or ranges across the entire country or region regardless of state or provincial regulations, according to a new survey by WTW. The survey, which polled more than 1,600 global employers, found 75 per cent of organizations reported […]

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]]> Canadian employers project average base salary increase of 3.6% in 2025: survey https://www.benefitscanada.com/news/bencan/canadian-employers-project-average-base-salary-increase-of-3-6-in-2025-survey/ Mon, 23 Sep 2024 19:00:24 +0000 https://www.benefitscanada.com/?p=160424 Canadian employers are projecting an average base salary increase of 3.6 per cent in 2025, a percentage that increases to 3.9 per cent among British Columbia-based employers, according to a new survey by Eckler Ltd. The survey, which polled 500 Canadian organizations across several sectors and industries, found while the average increase is lower than last […]

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]]> Canadian employers increasing 2025 salary budgets by 3.4%: survey https://www.benefitscanada.com/news/bencan/canadian-employers-increasing-2025-salary-budgets-by-3-4-survey/ Wed, 11 Sep 2024 13:00:20 +0000 https://www.benefitscanada.com/?p=159996 Canadian employers’ 2025 salary budgets are increasing by an average of 3.4 per cent, down slightly from 3.6 per cent in 2024, according to a new survey by Normandin Beaudry. The survey, which polled more than 700 employers, found more than two-fifths (44 per cent) said they plan on granting an average additional budget of […]

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]]> 47% of U.S. employers report 2024 salary budgets are lower than last year: survey https://www.benefitscanada.com/news/bencan/47-of-u-s-employers-report-2024-salary-budgets-are-lower-than-last-year-survey/ Tue, 06 Aug 2024 13:00:38 +0000 https://www.benefitscanada.com/?p=158599 Nearly half (47 per cent) of U.S. employers report their salary budgets for 2024 are lower than the previous year, as the overall median pay raise for 2024 fell to 4.1 per cent, down from 4.5 per cent in 2023, according to a new survey by WTW. The survey, which polled more than 1,800 employers, […]

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]]> Canadian employers ramping up hiring as inflation eases: expert https://www.benefitscanada.com/news/bencan/canadian-employers-ramping-up-hiring-in-2024-as-inflation-eases-expert/ Mon, 05 Aug 2024 13:00:40 +0000 https://www.benefitscanada.com/?p=158784 Half (52 per cent) of Canadian employers say they’re planning to add new permanent positions in the second half of the year, according to a new survey by Robert Half Canada. The survey, which polled 1,800 hiring managers at Canadian companies across a range of industries, found employers are cautiously optimistic about the hiring landscape, […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-93/ Fri, 02 Aug 2024 13:00:13 +0000 https://www.benefitscanada.com/?p=158692 An article detailing how Canada’s exemplary pension regulatory system is helping to safeguard plans from mismanagement was the most-read story on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. Culture of compliance prevents mismanagement, conflict at Canadian pension funds: expert 2. OPB making key appointments […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-92/ Fri, 26 Jul 2024 13:00:49 +0000 https://www.benefitscanada.com/?p=158410 An article on the City of Philadelphia’s return-to-office mandate was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the week: 1. City of Philadelphia employees ordered back to office 5 days per week 2. CPPIB appointing Priti Singh as senior managing director, chief risk […]

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