The 2019 federal budget offered several proposals to help working Canadians, ranging from new leave provisions to tax benefit adjustments. A potential new leave provision is aimed at making it easier for workers to take time off for skills education. While the budget didn’t specify the length of the leave, it noted the government’s intention to consult with the […]
Generation Z workers have high expectations when it comes to earnings, promotions and management opportunities, according to a new study by InsideOut Development. Those in generation Z, typically categorized as people born between 1996 and 2015 (though according to PEW Research Centre, no chronological endpoint has been set for this group), began entering the workforce in 2017, […]
Two-thirds (62 per cent) of global employees said they’d exchange their work-related data for more customized benefits, rewards and compensation, according to a new survey by Accenture. The global survey, which polled 1,400 corporate executives and 10,000 employees across 13 industries, also found 92 per cent of employees are open to their employers collecting data […]
Employers looking to recruit talent from other cities and provinces should consider boosting their relocation benefits and services, according to a new survey by staffing firm Robert Half Canada Inc. The survey found almost half (46 per cent) of employees said they’d consider moving if they had better pay and perks. Despite this, more than a third (37 per cent) […]
As the cannabis industry rapidly grows, employers in the sector are feeling overwhelmed with the sheer volume of employees they need to recruit. A network for human resources professionals in the cannabis industry, called Cannabis HR Network, was launched on Friday to meet the need. It aims to provide a forum for employers in the regulated […]
Canada is the 10th best country for expatriate employees, with Germany, Bahrain and the U.K. taking the top three spots, according to a new survey by HSBC Bank. Expats are coming to work in Canada from Europe, South and Central Asia and elsewhere in North America, but they’re most commonly from India, the U.K. and the U.S. Workers are attracted […]
The Canadian Life and Health Insurance Association is to be commended on its proactivity in proposing a new guideline for compensation disclosure in group benefits and group retirement services. But while transparency is a key driver of client satisfaction, in other countries — like Australia and the U.K. — it has taken regulators to force the hand […]
Despite efforts to diversify corporate boards and include more women, female executives are still a rarity and earn much less than their male counterparts, according to a new report from the Canadian Centre for Policy Alternatives. It found only four per cent of chief executive officers in Canada are women and they make up just 10 […]
As 2018 draws to a close, and the benefits and pension industry looks ahead, what’s next for the year’s biggest topics? Stephen Frank, president and chief executive officer of the Canadian Life and Health Insurance Association, is expecting a shift from Canadian and global regulators in the way they govern how customers are treated: an […]
While advisors are supportive of greater transparency in group benefits and retirement services, some say the Canadian Life and Health Insurance Association’s proposed amendments to its compensation disclosure guideline last week still presents a conflict of interest. The suggested changes to G19 included requiring the disclosure of both the percentage and dollar value of direct compensation […]