A story on a pilot benefits plan program that provides plan members with access to traditional Indigenous medicines and services was the most read article over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. First Nations community providing Indigenous wellness benefits to plan members 2. Just 52% of Canadians […]
Zillennial employees’ needs are going beyond traditional benefits to include a greater interest in an employer’s stance on environmental and ethical issues (45 per cent), as well as diversity, equity and inclusion (40 per cent), according to a new survey by MetLife Inc. The survey, which defined zillennials as a micro-generation born between 1993 and […]
Sagamok Anishnawbek, a First Nations community in northeastern Ontario, is participating in a pilot benefits plan program that provides plan members with access to traditional Indigenous medicines and services. Located along the north shore between Sudbury, Ont. and Sault Ste. Marie, Ont., the community’s employee base includes fire department workers, school teachers, community planners and […]
This month marks the second anniversary of the beginning of the coronavirus pandemic, a 24-month span that has had profound effects on the health of benefits plan members and the status and structure of their plans. For drug plans in particular, several trends have come to light — or have accelerated — during the course […]
While global employers are introducing inclusive benefits and programs to support employees across all life stages, many U.K.-based companies are shifting their focus to one life stage that has typically been taboo. Cereal manufacturer Kellogg Co. is training managers on how to talk about menopause. Multi-national telecommunications firm Vodafone Group is introducing a toolkit focused […]
The Canada Pension Plan Investment Board is expanding the number of countries in which it will apply its most stringent board gender diversity proxy voting rules. “We have enhanced our gender diversity voting practice by expanding the countries where our 30 per threshold for female representation applies to include South Africa and New Zealand,” said […]
The OPSEU Pension Trust is reporting a net investment return of 15.3 per cent for 2021, a result driven by strong private equity performance. In its 2021 funded status report, the OPTrust said its private equity portfolio generated a net return of 52.2 per cent. By comparison, public equities provided a net return of 12.9 […]
When it comes to fostering a working environment that empowers women, about a third (36 per cent) of Canadian employees believe a hybrid work model is most beneficial for advancing women and minorities, according to a new survey by HP Canada. Published to coincide with International Women’s Day, the survey rated an in-person/office model as […]
Canada’s pension plans are weathering the coronavirus pandemic, with many plans currently in their best financial shape in several years. The early days of the pandemic painted a bleak picture for institutional investors. Between Feb. 19 and March 23, 2020, the S&P/TSX composite index dropped by 37 per cent — the latter date marking the index’s lowest point […]
Molson Coors Beverage Co. is offering gender affirmation coverage to its Canadian employees as part of a wider effort to address and enhance diversity, equity and inclusion at the company. “We have a commitment to diversity, equity and inclusion and one of our key values is putting people first — this was just another step […]