Wellness apps are becoming an increasingly popular perk for Canadian employers to offer employees, particularly as stress continues to soar as the coronavirus pandemic drags on. CAA Club Group was ahead of the pack, launching its wellness app company-wide in 2018. However, a wide range of meditation and mindfulness apps are available, so plan sponsors have to do […]
Eight months into the coronavirus pandemic, employees continue to face a myriad of stressors, including health anxiety, isolation, financial concerns, family issues and increased workloads. This prolonged stress is impacting sleep, energy and motivation, while driving a heightened demand for mental-health services and medication. “If you think of a classic disaster, . . . [like] an […]
President-elect Joe Biden will inherit a vulnerable economic recovery under threat from a resurgent virus, likely with a divided Congress that will hinder his ability to address the challenges. Yet despite the obstacles, the former vice-president and senator will pursue a drastic shift in America’s economic policy. He has vowed to reverse much of the […]
Canadians’ mental health declined further in October to negative 11.4, down from negative 10.2 in September, due to the prolonged strain of the coronavirus pandemic and the divisive U.S. election, according to Morneau Shepell Ltd.’s latest monthly mental-health index. “COVID-19 continues to take a toll on the mental health of Canadians and we are now […]
Usually, this time of year sees employers hosting holiday parties and handing out bonuses. But this isn’t a typical year. The ongoing coronavirus pandemic means many human resources leaders and managers will have to think outside the sparkly gift box for ways to mark the end of the year and acknowledge employees. While a party is a often popular way […]
As the coronavirus pandemic continues, employees are viewing fitness benefits with increased importance, according to a new survey by ClassPass Inc. The survey found 70 per cent of respondents said they consider fitness benefits second only to health-care benefits, with 92 per cent saying they plan to return to gyms in 2021. Within that group, […]
The solvency ratio of Ontario’s defined benefit pension plans jumped four per cent in the third quarter of 2020, according to an update by the Financial Services Regulatory Authority of Ontario. The increase is further evidence that market recovery is well underway since the coronavirus pandemic rocked the world economy in early 2020, noted the […]
Soon after the beginning of the coronavirus pandemic, layoffs and the shift to remote working resulted in a 30-year low in female participation in the Canadian workforce, threatening to undo gains in gender equity in the workplace, according to a new report by the Canada Pension Plan Investment Board. Women have suffered the most layoffs […]
Soon after the beginning of the coronavirus pandemic, layoffs and the shift to remote working resulted in a 30-year low in female participation in the Canadian workforce, threatening to undo gains in gender equity in the workplace, according to a new report by the Canada Pension Plan Investment Board. Women have suffered the most layoffs or furloughs during the pandemic […]
Morneau Shepell Ltd. is expanding its internet-based cognitive behavioural therapy solution with a series of new programs, in response to a growing need for these services during the coronavirus pandemic. Programs covering trauma, grief and loss will be available on the AbilitiCBT platform by the end of 2020, while those focused on obsessive-compulsive disorder and anxiety […]