More than a quarter (29 per cent) of Canadian employers say employee health and well-being is a top risk for companies, according to a new report by Aviva Canada Inc. The report, which analyzed responses from roughly 1,500 Canadian business leaders across a range of small and medium-sized enterprises and Canadian-headquartered multinational corporations, found employee […]
While just 12 per cent of Canadian office workers say working entirely at a physical workplace is their ideal scenario moving forward, 43 per cent say they’d be likely to look for a new job if their current employer mandated a full-time return to the office, according to a new survey by Amazon Business Canada. […]
Almost two-thirds (62 per cent) of U.S. defined benefit plan sponsors are seeking to exit their plans, while 33 per cent are looking to achieve self-sufficiency and just five per cent are planning to keep their plans open, according to a survey by State Street Corp. Among DB plan sponsors eyeing an exit, the survey […]
The second year of the coronavirus pandemic offered defined benefit pension plan sponsors a reprieve from the chaos sown in financial markets during its first year. “A lot of pension plans ended up roughly where they started in 2020, but it was a very bumpy road,” says Gavin Benjamin, a retirement and financial solutions partner […]
With today marking the second anniversary of the coronavirus pandemic, it isn’t surprising that a pair of articles on the pandemic’s lasting impact were among the most read stories over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. Two years later: Canada’s DB, DC pension plans weathering the […]
A majority (80 per cent) of U.S. remote workers say they’re experiencing some level of ‘Zoom fatigue,’ according to a survey by Honest Paws, a pet wellness goods supplier. The survey, which polled 400 employees who’ve been working from home during the coronavirus pandemic, found 28 per cent are feeling somewhat fatigued, 29 per cent […]
The average funded status for the largest U.S. defined benefit pension plans was 93.8 per cent in 2021, up from 86.2 per cent in 2020 and reaching the highest level in 15 years, according to a new report by Russell Investments Group. The report, which analyzed 19 publicly listed U.S. corporations with more than US$20 […]
As the second anniversary of the coronavirus pandemic approaches, Canadian employers are leveraging all the tools in their health and wellness toolbox to stave off employee burnout and a looming spike in disability leaves. Employers are still investing in virtual health-care supports in a bid to help employees manage burnout and other adverse effects of […]
The proportions of mental health-related disability increased 2.3 percentage points from 2019 (6.4 per cent) to 2021 (8.7 per cent), according to combined data from Statistics Canada’s labour force survey and Canadian income survey. Among those who were employed during the first four months of 2021, more than one in five (21.5 per cent) had a […]
The OPSEU Pension Trust is reporting a net investment return of 15.3 per cent for 2021, a result driven by strong private equity performance. In its 2021 funded status report, the OPTrust said its private equity portfolio generated a net return of 52.2 per cent. By comparison, public equities provided a net return of 12.9 […]