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, […]
A majority (92 per cent) of Canadian employees feel they’re at risk of experiencing burnout as the coronavirus pandemic drags on, according to a new survey by Mercer. The survey, which polled 11,000 employers and employees from 16 countries, found 59 per cent of employer respondents are concerned about high employee sickness/absence rates and remote […]
The Ontario Liberals’ election promise of portable drug, dental and mental-health services was the most read article over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. Ontario Liberals promising portable drug, dental and mental-health services 2. Employees rank remote work, salary as top elements of benefits packages: survey 3. Employers pausing […]
More than two-thirds (71 per cent) of small- and mid-sized U.S. employers said offering more employee benefits helps improve retention, while 70 per cent said benefits help with recruitment efforts, according to a new survey by Principal Financial Services Inc. The survey, which polled more than 1,000 employers, found two-thirds (67 per cent) said employee […]
While 78 per cent of U.S. employees are reporting increased stress levels and feelings of burnout, only 40 per cent said their employer offers mental-health benefits or resources, compared to 53 per cent in 2021, 46 per cent in 2020 and 45 per cent in 2019, according to a new survey by Employ Inc. The […]
Arthur J. Gallagher & Co. is acquiring Montreal-based compensation consultancy PCI-Perrault Consulting Inc. PCI advises organizations in the design and integration of their compensation and business strategies. According to a press release, the company will continue to operate from its current location under the direction of Melanie Jeannotte, chief executive officer of Gallagher’s benefits and human resources consulting division […]
A Toronto-based non-profit organization is compensating prospective employees by paying them for their time during interviews. FoodShare Toronto’s new policy, which took effect March 1, pays interviewees a fixed rate of $75, regardless of the position. In addition, if an interview requires the candidate to complete an assignment or prepare a presentation, they’re also compensated […]
The vast majority of Canadian employers are increasing salaries amid a challenging labour market, according to a new survey by Normandin Beaudry. The survey, which polled 285 Canadian employers, found fewer than 0.5 per cent were planning a salary freeze for 2022 in the late fall of 2021, down from three per cent in the […]
As widespread labour shortages force Canadian companies to re-evaluate their employee recruitment and retention practices, experts say pay transparency is increasingly in the spotlight. Outside of the public sector and unionized shops, salaries in North America have long been considered a private matter between employer and employee. Job postings generally don’t disclose compensation and the issue of […]
The top three factors driving employee retention are benefits (34 per cent), a strong sense of culture (31 per cent) and belief in the senior leadership team (29 per cent), according to a new survey by the Predictive Index. The survey, which polled more than 300 U.S. executives, found career mobility (21 per cent), salary (17 […]