The union representing roughly 350 Canadian employees at Tennessee-based Yellow Corp. says the trucking company’s abrupt closure will have little to no impact on Canadian workers’ pensions. According to a spokesperson at Teamsters Canada, Yellow’s Canadian employees are enrolled in one of four defined benefit pension plans — all of which are fully or almost […]
Nearly two-thirds (61 per cent) of employers recognize they’ll need to offer a wider variety of benefits options to meet the expectations of the different generations in their workforces, according to a new report by LIMRA and EY. In particular, the survey, which polled more than 800 U.S. employers and more than 1,800 employees, found demand […]
As the U.K.’s new flexible working bill receives royal assent, Edward Majewski, partner at Ogletree Deakins International LLP, says similar legislation would benefit employers and employees in Canada. The Employment Relations (Flexible Working) Act 2023, which received royal assent last month, sets out the right of employees to request variations to particular terms and conditions of […]
Despite recent uptick in U.S. commercial office real estate landlords defaulting on their loans, the chances of the same trend moving north of the border is low, says Jim Clayton, professor and Timothy R. Price chair in real estate and infrastructure with the Schulich School of Business at York University. Since the onset of the […]
The majority (88 per cent) of Canadians employees say the coronavirus pandemic changed how they work in one or more ways, a percentage that increases among employees who work remotely (91 per cent) and those in a hybrid work arrangement (96 per cent), according to a survey conducted by RKI Inc. this spring. The results […]
Two-fifths (40 per cent) of U.S. employees say they’re working remotely at least one day a week, according to a new report by the Institute for Economic Policy Research at Stanford University. It found the average number of days worked from home increased amid the coronavirus pandemic, from roughly five per cent in 2019 to […]
Ottawa-based Ross Video Ltd. is supporting employee mental health through a virtual health-care platform. The platform, provided by Telus Health, allows employees and their dependants to connect with mental-health professionals in real time and fills a gap in local health-care services, says Hannah Barkley, the organization’s director of human resources operations. Virtual health care also […]
The concept of employee benefits was established on a foundation built decades ago, when employees worked full time and long term with one employer. Those days are long gone. Temporary, part-time and gig work have become the norm, accounting for 60 per cent of job growth in advanced economies since the 1990s. Gig work is […]
Since 2016, millennials have made up a larger share of the working population than baby boomers — and today, one in three Canadians of working age is a millennial, according to Charmaine Alexander, senior advisor in disability management at Desjardins Insurance, speaking during Benefits Canada’s 2023 Benefits & Pension Summit in June. A recent survey […]
Roughly a third (34 per cent) of U.S. employees say they worked from home at least part of the week in 2022, down from 2021 (38 per cent) and up from 2019 (24 per cent), according to a report by the U.S. Bureau of Labor Statistics. The report, which analyzed data provided by more than […]