compensation – Benefits Canada.com

49% of executive leaders say financial stress preventing frontline staff from doing best work: survey

lbailey — Mon, 15 Jul 2024 19:00:59 +0000

Nearly half (49 per cent) of executive leaders say financial stress often or very often prevents their frontline workers from doing their best work, according to a new survey by Dayforce Inc. The survey, which polled more than 6,900 workers, managers and executives from companies with frontline workers across the globe, found 62 per cent of […]

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Gender pay gap in Canada’s tech sector almost tripled between 2016 and 2021: report

lbailey — Wed, 26 Jun 2024 13:00:25 +0000

The gender pay gap in Canada’s technology sector almost tripled between 2016 and 2021, amounting to the average salary of a woman in the industry being about $20,000 less than her male counterpart, according to a new report by researchers at The Dais, a public policy organization based at Toronto Metropolitan University. The report, which […]

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72% of U.S. employees staying with their employer to keep pay, job security: survey

Sadie Janes — Fri, 14 Jun 2024 13:00:55 +0000

Nearly three-quarters (72 per cent) of U.S. employees are choosing to stay with their employers, a significant change from 2022 when 53 per cent were looking to leave, according to a new survey by WTW. The survey, which polled 10,000 U.S. workers, found, while a quarter were open to offers in 2022, only 11 per […]

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Rising cost of food, financial planning affecting Canadians’ stress levels at work: survey

Sadie Janes — Fri, 07 Jun 2024 19:00:44 +0000

More than two-thirds (68 per cent) of Canadian employees say the rising cost of food and groceries is heavily affecting their stress levels during work hours, according to a new survey by ADP Canada Co. The survey, which polled more than 1,200 workers, found planning for major expenses (62 per cent) and the rising cost […]

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32% of Canadian SMEs facing challenges in attracting employees: survey

Sadie Janes — Fri, 31 May 2024 19:00:18 +0000

Nearly a third (32 per cent) of Canadian small- and medium-sized employers are currently facing challenges in attracting employees, according to a new survey by ADP Canada. The survey, which polled more than 750 Canadian business decision-makers and employees from SMEs, found, among those that reported difficulty attracting and retaining talent, 69 per cent said […]

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Head to head: Should employers implement location-based pay for remote workers?

bwolfe — Fri, 10 May 2024 12:59:57 +0000

A consultant says location is one of many factors determining pay, while a human resources specialist argues it shouldn’t be a consideration. Cissy Pau, principal consultant, Clear HR Consulting Inc. Work location is certainly a factor to consider when determining pay for remote workers. When conducting compensation benchmarking, it’s common practice to look at pay […]

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Working mothers fear losing ability to work from home: expert

lbailey — Thu, 09 May 2024 13:00:22 +0000

More than two-thirds (68 per cent) of working mothers are concerned about losing the level of flexibility they have at work in 2024, according to a new survey by Robert Half Canada Inc. Over the last 24 months, more companies have mandated employees to work onsite more frequently and that’s a big concern for working parents, […]

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Top 5 HR, benefits, pension and investment stories of the week

lbailey — Fri, 03 May 2024 13:00:52 +0000

A story on how private payers are implementing preferred pharmacy networks to reduce benefits plan costs 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. More private payers seeking to reduce costs turning to preferred pharmacy networks: expert 2. Chipotle expanding […]

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Canadians’ happiness with work-life balance, employer support increases in April: survey

lbailey — Thu, 25 Apr 2024 19:00:23 +0000

Canadians’ happiness in the workplace increased to 6.8 points out of 10 in April, up slightly from 6.6 in March, according to a new survey by ADP Canada Co. The survey, which polled 1,200 Canadian workers, found nearly half (47 per cent) said they feel satisfied in their current roles and responsibilities, with respondents continuing to […]

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Meridian focusing on flexibility, mentorship to promote gender equity, female leadership

Sadie Janes — Fri, 19 Apr 2024 13:00:15 +0000

Meridian Credit Union is focusing on flexibility and mentorship to promote gender equity and female leadership in the historically male-dominated financial industry. According to the Canadian Credit Union Association, in 2023, only eight per cent of Fortune 500 chief executive officers were women. However, at Canada’s credit unions, 30 per cent of CEOs/general managers were […]

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