compensation Page 5

Keyword: compensation

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Before new pay transparency legislation takes effect in Ontario, it’s important for employers to ensure their current compensation structure is in order, says Dominic Girard, a senior consultant in compensation at Arthur J. Gallagher and Co. If passed, the legislation would require employers to include expected salary ranges in job postings so candidates are better poised to make informed […]

Nearly a third (30 per cent) of Canadian employees say they aren’t working any extra hours before or after taking a one-week vacation, according to a new survey by ADP Canada Co. The survey, which polled more than 850 workers, found this ‘time-off tax’ — the additional hours worked before and after a week of […]

  • By: Staff
  • January 3, 2024 January 3, 2024
  • 15:00
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A story about why employers might want to reconsider urging employees to use up their benefits 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. Expert warns against urging employees to use up benefits by end of year 2. Worker demand […]

  • By: Staff
  • December 22, 2023 December 21, 2023
  • 09:00

Hub International Ltd. is acquiring Montreal-based CGC Consultants Inc. CGC is an advisory firm that specializes in human resources strategy, recruitment, pay equity, global compensation, governance and communication, according to a press release, which noted Claudio Gardonio, managing partner at CGC, will join Hub Quebec. Read: Hub acquiring Calgary benefits provider Hub is also acquiring […]

  • By: Staff
  • December 20, 2023 December 20, 2023
  • 15:00

A majority (89 per cent) of organizations are experiencing difficulty finding skilled professionals, according to a survey by Robert Half Canada. The survey, which polled more than 1,000 employers, found more than half (54 per cent) said they plan to add new permanent positions in the first six months of the year, while another 40 […]

  • By: Staff
  • December 20, 2023 December 19, 2023
  • 09:00
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After a five-day strike, the union representing 800 employees at Magna International Inc.’s Integram Seating factory in Windsor, Ont. has ratified a collective agreement that includes multiple benefits gains. The benefits gains include: vision coverage, from $250 every two years to $400; a rise in the basic annual dental maximum, from $1,600 to $1,900; an […]

  • By: Staff
  • December 8, 2023 December 7, 2023
  • 09:00

Meridian Credit Union Ltd. is continuing to support employee financial wellness by raising its guaranteed hourly wage to $23.74. In 2022, the financial company became the largest employer to be certified by the Ontario Living Wage Network and is adjusting its compensation to reflect new guidelines that were updated last month. Current economic conditions and […]

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As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says Darcy Clark, a principal at Normandin Beaudry. “They could do just enough to meet the legislative requirements or . . . full disclosure where everybody knows everything. There’s also a […]

Even as signs emerge that the labour market is starting to shift in employers’ favour, employee attraction, retention and engagement remain top priorities. During Benefits Canada’s inaugural Future of Work Summit in October, a panel of employers, insurers and academics weighed in on the results of Benefits Canada’s 2023 Future of Work Survey. Almost two-thirds […]

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Two-thirds (65 per cent) of U.S. employees rank flexible work options as the No. 1 component of compensation beyond salary, down from 71 per cent in 2022, according to a new report by the Conference Board Inc. The survey, which polled more than 1,500 workers, found employees in hybrid (68 per cent) and fully remote […]

  • By: Staff
  • November 20, 2023 November 20, 2023
  • 15:00