Canadian employers say competition for talent (84 per cent) is the No. 1 issue influencing their benefits strategies, according to a new survey by WTW. The survey, which polled around 130 employers, found rising mental-health issues (63 per cent), a focus on inclusion and diversity (48 per cent) and rising costs (40 per cent) are […]
Canadian employers are investing in innovative financial, physical and mental-health benefits to drive their attraction and retention efforts, according to a new survey by Mercer. The survey, which polled more than 300 employers, found 59 per cent said they’ve invested in employee discount programs, followed by budgeting and other financial wellness education and support (51 […]
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 […]
In 2019, Canadians with disabilities earned an average annual income of $43,400, substantially lower than people without disabilities ($55,200), a pay gap of 21.4 per cent, according to a new report from Statistics Canada. It found a 24.3 per cent pay gap between men with disabilities (average annual earnings of $48,700) and men without disabilities ($64,300). By comparison, […]
Fidelity Canada is supporting the future financial well-being of young Canadians through a new video series hosted by the organization’s employees. The series, known as Money Gains, consists of 10 videos in both English and French, geared towards students and covering a range of investment and retirement topics, including interest, returns, risks and timelines. It […]
Victoria, B.C.-based technology company Redbrick is supporting its remote employees through individualized benefits offerings and unique virtual events. “For us, remote work continues to be part of a conscious effort to do what’s best for our employees,” says Christine Tatham, vice-president of people and culture at Redbrick. “We consider remote work in every decision we make. […]
An article on how Scotiabank is aligning its benefits offerings across global markets was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Scotiabank supporting employee well-being by aligning benefits offerings across global markets 2. Feds consulting on draft amendments to pension legislation for transfer of […]
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 […]
Scotiabank is supporting employee well-being and workplace inclusivity by aligning benefits offerings across its global markets. Employees in the majority of countries where Scotiabank operates will see their benefits aligned with the bank’s global inclusive standard within the next five years, towards a goal of aligning benefits in all markets by the end of 2030. […]
The annual Benefits & Pension Summit, which was hosted virtually on June 1, is the only Benefits Canada event that brings together health benefits and capital accumulation plans in one event. This year, delegates heard the results of Benefits Canada‘s exclusive CAP Member Survey with a panel of experts discussing the findings, case studies from two leading […]