Nearly a third (30 per cent) of insurers are making changes to ensure there’s diversity among the medical providers within their networks, according to a new report by Mercer. The report found more than a quarter (27 per cent) of insurers said they’ve changed their eligibility access processes to make coverage more inclusive for LGBTQ2S+ […]
In a panel discussion during Benefits Canada‘s 2022 DC Plan Summit, three defined contribution pension plan sponsors shared how their plans are evolving to ensure retirement savings are flexible, maximize employee engagement and cater to members’ divergent financial needs. During the coronavirus pandemic, Niagara Casinos laid off 96 per cent of employees and its casinos […]
An open dialogue about diversity, equity and inclusion is vital for raising the resilience and overall wealth of pension plan members, said Ryan Weiss, vice-president of group customer national accounts at Canada Life, during a session at Benefits Canada‘s 2022 DC Plan Summit. Also speaking during the session, Elisha Ribeiro, the insurer’s national sales director […]
The more diverse a company is, the better talent they can attract — and in this competitive market, attracting and retaining workers is important to growth. According to a recent McKinsey & Co. report, companies are increasingly regarding inclusion and diversity as a source of competitive advantage and, specifically, as a key enabler of growth. In […]
Diversity in leadership matters. It signals who belongs and shapes the aspirations of employees, as well as communities more broadly. In recent years, the convergence of regulatory requirements, investor expectations and consumer demands has fuelled increased attention on representation on boards and in leadership roles in Canada. For example, a responsible investment survey by the […]
Black, Latinx and Asian American-Pacific Islander employees feel less comfortable engaging in mental-health conversations in the workplace than their white colleagues, according to a new survey by the Hartford Financial Services Group Inc. and the National Alliance on Mental Illness. The survey, which polled more than 2,300 U.S. workers, found 48 per cent of white employees are […]
While Canada ranks No. 31 out of 145 countries for women’s labour force participation, its wage equality ranking sits at No. 71, according to a new report by the World Economic Forum. It found Canada’s gender pay gap is roughly 16 per cent in comparison to other Organisation for Economic Co-operation and Development member countries. […]
Three-fifths (60 per cent) of Canadian employees are considering leaving their job due to factors such as burnout and a lack of alignment with their employer’s values, according to a new survey by Ceridian HCM Inc. The survey, which polled more than 1,000 employees, found among employees looking for a new role, 39 per cent said […]
The Canadian Investment Review is now accepting nominations for the 2022 Pension Leadership Awards. The third annual Pension Leadership Awards will celebrate the organizations and individuals that have made extraordinary efforts on behalf of their pension plan members. Visit the Pension Leadership Awards website to submit a nomination for your organization. Consultants and advisors are also encouraged […]
An article about Hootsuite providing employees with an extra week off this summer was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Hootsuite giving employees additional week off to support mental health, work-life balance 2. Younger employees more likely to switch jobs for better benefits: […]