The Canadian Imperial Bank of Commerce is adding gender affirmation coverage to its benefits program and enhancing existing offerings such as paid parental leave and fertility treatments. The gender affirmation benefit will cover specific gender transition surgeries and procedures not covered by provincial programs to an annual maximum of $10,000 and a lifetime maximum of $25,000, according to […]
Does your organization’s benefits plan or financial wellness program deserve recognition? Are you leading the way when it comes to supporting your employees’ mental health? Is your company implementing award-worthy diversity, equity and inclusion initiatives? Benefits Canada’s annual Workplace Benefits Awards is officially open for nominations. Submit your entries here. As in previous years, the 2022 awards will […]
More than a third (36 per cent) of racialized and Indigenous Canadian employees said they feel their colleagues may deliberately act in a way that undermines their efforts at work, according to a new survey by ADP Canada. The survey, which polled more than 1,000 employees, found this percentage increased to 40 per cent among […]
The value of low-carbon investments held by the Caisse de dépôt et placement du Québec has more than doubled since 2017, according to its annual sustainable investing report. In the report, the investment organization noted its low-carbon investments were worth $39 billion at the end of 2021, up from $18 billion in 2017 and $36 […]
A story that took an in-depth look at the federal government’s 2022 budget proposals and their potential impacts on employers and employees was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: What’s in the federal budget for employers, employees? Physical health, work-life balance and […]
Endy’s director of people and culture discusses the importance of the employee experience; diversity, equity and inclusion commitments; and exploring Toronto. Q: What top challenges do you face in your role? A: Working in a remote environment is difficult at times for our employees and the extended isolation can take a toll on their physical […]
The federal government’s 2022 budget, which set out $56 billion in new spending on Thursday, has a few offerings that could impact employers and employees. Dental-care program, pharmacare The budget confirmed the government’s commitment to rolling out a national dental-care program, which was announced in March, by specifying a $5.3-billion investment in its implementation. It also […]
As employers prepare to bring employees back to their physical workplaces in 2022, they’re planning to position mental health (91 per cent), physical health (60 per cent) and work-life balance (57 per cent) initiatives as integral components of the transition, according to a new survey by Fidelity Investments Inc. and Business Group on Health. The […]
While Canadian employers have made significant strides toward improving diversity, equity and inclusion in the workplace, employment barriers remain for the neurodiverse talent pool, according to a new report by Deloitte and Auticon Canada. The report, which polled more than 400 adult Canadians, found employers’ focus on social competency during the interview process was one of the […]
In Canada, the year-over-year cost increase for claims under a medical plan on a per-person basis is projected to reach 8.6 per cent this year, up from eight per cent in 2021, according to a new report by Mercer Canada. The report, which analyzed responses from 210 insurers across 59 countries, found the year-over-year cost […]