The British Columbia Teachers’ Pension Plan is increasing coverage for several optional retirement health benefits, effective Jan. 1, 2025. Vision care coverage will increase by $100 to $400 every two calendar years, while hearing care is set to rise from $1,400 every four calendar years to $2,000, according to a press release, which noted plan members […]
Nearly three-quarters (72 per cent) of Canadian employees said taking care of their mental health is more of a priority, up from 68 per cent in 2023, according to a new survey by American Express Canada. The survey, which polled more than 700 workers, found a majority (87 per cent) of generation Z employees said […]
For Canadians and people around the world, the current news stream can be particularly bleak. While a brief ceasefire between Israeli forces and Hamas punctuated the conflict in Gaza last week, the war’s wider impact on people’s mental health and psychological safety will likely last far into the future. Meanwhile, Russia’s ongoing invasion of Ukraine […]
In its 2023 fall economic statement, the federal government said it will consider removing the rule that restricts Canadian pension funds from holding more than 30 per cent of the voting shares of most corporations. The move is part of an effort “to create an environment that encourages and identifies more opportunities for investments in […]
Three-quarters (73 per cent) of benefits plan members agree — 22 per cent strongly — their workplace environment supports mental wellness, according to the 2023 Benefits Canada Healthcare Survey. It found this percentage increased to 86 per cent among plan members who also reported a workplace wellness culture, compared to just 30 per cent for those without […]
Though summer is drawing to a close, employers can help employees prevent post-vacation burnout year-round by balancing their workloads and offering extensive mental-health supports, says Dr. Matthew Chow, chief mental-health officer at Telus Health. “It’s critical for people to have regularly scheduled time off and time away from their work. What has been proven time and […]
An article on American Express Canada’s onsite counselling service was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Amex Canada supporting employee well-being with onsite counselling, enhanced mental-health resources 2. Majority of millennial, gen Z workers more likely to stay with employers that provide benefits: […]
American Express Canada is supporting employee well-being with onsite counselling and enhanced mental-health resources. Employees can register for free in-office counselling sessions with a registered psychotherapist or virtual sessions with licensed counsellors. The company also upgraded its digital mental-health resources, including access to meditation and breathing exercises via a wellness app. Annette Kingsley, Amex Canada’s […]