coronavirus pandemic – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 30 Aug 2024 18:20:26 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Employers gaining upper hand when negotiating pay, benefits with unions: expert https://www.benefitscanada.com/news/bencan/employers-gaining-upper-hand-when-negotiating-pay-benefits-with-unions-expert/ Mon, 19 Aug 2024 13:00:14 +0000 https://www.benefitscanada.com/?p=159259 Over the past year, union negotiations have ramped up and wage settlements have reached new heights, mainly due to the fact that negotiations were set back by the coronavirus pandemic and the inflation that followed, says Douglas Porter, chief economist and managing director at BMO Financial Group. “Like night follows day, labour unrest and strike […]

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2024 Endowment & Foundation Investment Forum: Central banks make soft landing after recession concerns https://www.benefitscanada.com/canadian-investment-review/post-event-coverage/2024-endowment-foundation-investment-forum-central-banks-make-soft-landing-after-recession-concerns/ Thu, 08 Aug 2024 11:59:33 +0000 https://www.benefitscanada.com/?p=158487 Central banks are achieving a successful soft landing strategy after concerning periods of high inflation following the coronavirus pandemic, said Douglas Porter, chief economist and managing director at BMO Financial Group, during the keynote session at the Canadian Investment Review’s 2024 Endowment & Foundation Investment Forum in June. Inflation is receding from dangerous highs to […]

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Employers can help gen Z workers feel less isolated through social activities, mentoring: experts https://www.benefitscanada.com/news/bencan/employers-can-help-gen-z-workers-feel-less-isolated-through-social-activities-mentoring-experts/ Fri, 26 Jul 2024 13:00:20 +0000 https://www.benefitscanada.com/?p=158386 Generation Z workers may be feeling more disconnected or isolated due to the effects of remote work, but employers can help by providing opportunities for connectivity, says Alexandra Duba, people experience advisor at Xero Ltd. “It has so much to do with how the [coronavirus] pandemic impacted in-person connection, as well as the impact technology […]

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2024 Mental Health Summit: What’s contributing to declining percentage of LTD claims? https://www.benefitscanada.com/events/conference-coverage/2024-mental-health-summit-whats-contributing-to-declining-percentage-of-ltd-claims/ Tue, 16 Jul 2024 11:55:40 +0000 https://www.benefitscanada.com/?p=157926 A decline in the number of long-term disability claims over the past three years may be the result of some employees prioritizing their financial health over physical and mental wellness, said William Lindsay, senior disability management advisor for Desjardins Insurance’s disability management and prevention team, during Benefits Canada’s 2024 Mental Health Summit in June. The […]

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2024 Mental Health Summit: Does an employer’s size impact mental-health support for workers? https://www.benefitscanada.com/events/conference-coverage/2024-mental-health-summit-does-an-employers-size-impact-mental-health-support-for-workers/ Tue, 16 Jul 2024 11:51:20 +0000 https://www.benefitscanada.com/?p=157730 During a panel discussion at Benefits Canada’s 2024 Mental Health Summit in June, three plan sponsors discussed whether the size of an employer impacts its ability to support workers’ mental health. Telus Communications Inc., which has roughly 30,000 employees, has developed a mental-health strategy that recognizes the whole employee based on five wellness dimensions — […]

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2024 Vancouver Benefits Summit: A look at post-pandemic paramedical, drug claims https://www.benefitscanada.com/events/conference-coverage/2024-vancouver-benefits-summit-a-look-at-post-pandemic-paramedical-drug-claims/ Mon, 08 Jul 2024 11:58:55 +0000 https://www.benefitscanada.com/?p=157469 There has seen a “huge increase” in mental-health practitioner claims following the coronavirus pandemic, said Sylvana Leclerc, organizational health consultant for integrated health solutions at Sun Life Financial Inc., during a session at Benefits Canada’s 2024 Vancouver Benefits Summit in May. Citing findings from the insurer’s annual Health by Design report, she said in 2022, […]

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2024 Vancouver Benefits Summit: How Telus is making well-being, mental health a cultural priority https://www.benefitscanada.com/events/conference-coverage/2024-vancouver-benefits-summit-how-telus-is-making-well-being-mental-health-a-cultural-priority/ Mon, 08 Jul 2024 11:52:03 +0000 https://www.benefitscanada.com/?p=156945 Telus Communications Inc. is ensuring employees bring their best self to the job by supporting their well-being both in the workplace and at home, said Wade Domries, the company’s vice-president of global total rewards, during a session at Benefits Canada’s 2024 Vancouver Benefits Summit in May. The organization’s current approach to well-being started taking shape […]

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Mental-health claims by Canadians up 132% since pandemic: report https://www.benefitscanada.com/benefits/health-benefits/mental-health-claims-by-canadians-up-132-since-pandemic-report/ Thu, 27 Jun 2024 19:00:57 +0000 https://www.benefitscanada.com/?p=157536 Mental-health claims by Canadians have increased by 132 per cent since the onset of the coronavirus pandemic, according to a new report by GreenShield. The report, which compiled data from the insurer’s claims database between 2020 to 2023, found women and younger generations account for the majority of mental-health services accessed. Among those accessing mental-health services, stress […]

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Editorial: Viewing pensions, benefits through a DEI lens https://www.benefitscanada.com/archives_/benefits-canada-archive/editorial-viewing-pensions-benefits-through-a-dei-lens/ Fri, 21 Jun 2024 13:00:34 +0000 https://www.benefitscanada.com/?p=156699 While the coronavirus pandemic’s impact on public health and the global economy dominated the news cycle in recent years, there has been no shortage of incidents that draw awareness to social disparities the world over, from the murders of George Floyd and Breonna Taylor in 2020 to the ongoing discovery of unmarked graves at Canada’s […]

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Employees hesitant to take time off turning to ‘quiet vacationing’: expert https://www.benefitscanada.com/news/bencan/employees-hesitant-to-take-time-off-turning-to-quiet-vacationing-expert/ Wed, 19 Jun 2024 13:00:42 +0000 https://www.benefitscanada.com/?p=157129 As the lines between work and family life become increasingly blurred amid the rise of remote working, employees are finding it hard to take time away from the office and, instead, are “quiet vacationing.” According to a recent survey by Harris Poll, more than three-quarters (78 per cent) of U.S. workers said they don’t make […]

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