Slightly more than a third (38%) of working Canadians said having the option of full flexibility — regarding days, hours and location — for everyone would be the best working model for their team, according to LifeWorks Inc.’s latest mental-health index. Meanwhile, 17 per cent said they prefer all employees are together at the worksite and […]
The Bank of Canada kept its key interest rate on hold Wednesday, but warned higher interest rates are coming to help it reel in inflation from its hottest pace in three decades. The central bank lined up to kick off what’s expected to be a series of rate hikes this year starting as early as […]
Employers in the U.S. are budgeting salary increases of 3.4 per cent in 2022, according to a new survey by WTW, formerly known as Willis Towers Watson. The survey, which polled more than 1,000 U.S. employers, found 32 per cent of respondents raised their salary increase projections in recent months. Employers boosted their projected average […]
This year, Canadian employers are marking Bell Canada’s Let’s Talk Day by addressing the ongoing coronavirus pandemic’s impact on the mental health of employees. The annual event, which began in 2010 to encourage discussions about mental health, is built on four pillars: mental-health research, workplace leadership, ending stigmas around mental health and advocating for mental-health […]
Bhagyashri Pawar was surprised to see a previous employer make headlines last year for its investments in mental-health programs for its staff. “Having worked there, I never figured out where these efforts were made,” says the 31-year-old Toronto-based online marketing manager. Pawar says the company refused to allow employees to work remotely during coronavirus pandemic lockdown measures until several employees tested […]
While more than half (57 per cent) of U.S. employees said they’re comfortable about returning to the workplace, more than a third (40 per cent) still aren’t ready to head back, according to a new survey by data intelligence company Morning Consult. The survey, which polled around 400 U.S. employees who’d usually work from an […]
Employers are continuing to feel the squeeze, with rising prices set to push wages higher this year in a “feedback loop building” as the annual pace of inflation climbed in December 2021 to its highest rate since September 1991. In December, the consumer price index was up 4.8 per cent, compared with a year ago, reported Statistics […]
The Toronto-Dominion Bank is enhancing its benefits offerings in 2022 with expanded family planning coverage. The bank’s benefits program is now covering fertility and reproductive treatments and offering support for surrogacy or donor costs and adoption costs, with a $20,000 lifetime maximum for each benefit, says Melanie Burns, TD’s senior vice-president of human resources and talent […]
Workers turn to them for support, clients rely on them for answers, companies lean on them in times of crisis. Yet, as the coronavirus pandemic stretches inexorably on, the never-ending demands on business leaders are pushing some to the brink of burnout, some experts have warned. “Leaders are under tremendous strain,” says Paula Allen, global […]
More than half (58 per cent) of frontline workers said they believe their work stress will either stay the same or worsen in the coming year, according to a global survey by Edelman Data x Intelligence for Microsoft Corp. The survey, which polled more than 9,000 frontline workers, found about half (51 per cent) agreed that labour […]