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Admiral Insurance’s benefits program awarded for balancing innovation, sustainability

lbailey — Fri, 25 Oct 2024 13:00:55 +0000

Admiral Insurance’s award-winning benefits program is demonstrating how employers can use versatility to strike a fine balance between finding innovative solutions and maintaining plan sustainability. The organization was the winner in the Drug/Benefits Plan Innovation category of the 2024 Workplace Benefits Awards. “We’re honoured to win this award and be nominated in three categories,” says Allison Jost […]

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Air Canada, ALPA agreement includes multiple benefits gains

Sadie Janes — Thu, 24 Oct 2024 19:00:22 +0000

The union representing more than 5,200 Air Canada pilots has ratified a four-year collective agreement that includes multiple benefits gains, avoiding a possible strike. The agreement includes physiotherapy coverage of up to $5,000 a year per plan member and lifetime coverage for fertility drugs up to $10,000. Employees will also have a choice between $500 […]

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88% of SMEs experiencing challenges finding skilled talent: survey

lbailey — Tue, 22 Oct 2024 19:00:02 +0000

Nearly nine in 10 (88 per cent) Canadian small- and medium-sized employers say they’re experiencing challenges finding skilled talent, according to a new survey by Robert Half Canada. The survey, which polled more than 400 Canadian SMEs, found their top concerns were retaining top talent (82 per cent), finding talent quickly (77 per cent), finding […]

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Sounding Board: How hybrid, remote working arrangements can impact compensation

bwolfe — Thu, 10 Oct 2024 13:00:49 +0000

Although jobs that involve working remotely have been around for decades in some form or another, the coronavirus pandemic brought them front and centre. There are several issues regarding salary and these working arrangements. The first is whether such jobs should be paid the same as the same job in the office. Generally, hybrid and remote […]

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Canadian insurers paid out record $128BN in health, retirement benefits in 2023: CLHIA

bwolfe — Thu, 03 Oct 2024 19:00:15 +0000

Canada’s life and health insurers paid out a record $128 billion in health and retirement benefits last year, up from $114 billion in 2022, according to the Canadian Life and Health Insurance Association’s annual fact book. “The benefits that life and health insurers provide through workplace plans and individual policies contributed significantly to Canadians’ health […]

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York University, YUFA agreement includes multiple benefits gains

Sadie Janes — Thu, 12 Sep 2024 13:00:11 +0000

The union representing more than 1,600 faculty, librarians, archivists and post-doctoral researchers at York University has ratified a three-year collective agreement that includes multiple benefits gains. The agreement includes an increase in coverage for eyeglasses from $850 to $935 every 24 months, as well as an increase for paramedical services from $3,000 to $3,200. In […]

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Employers considering dropping dental from benefits plan should think twice: expert

lbailey — Fri, 12 Jul 2024 13:00:58 +0000

Employers that are considering dropping dental coverage from their benefits plan following the launch of the national dental care program are advised to think twice, says Graham Young, director of employee benefits at Capcorp Financial Corp. The national plan — administered by Health Canada, with support from a third-party benefits administrator — provides dental coverage for uninsured Canadians with […]

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CBSA, PSAC, CIU agreement includes pension, benefits gains

Sadie Janes — Fri, 12 Jul 2024 13:00:46 +0000

The unions representing more than 9,000 Canada Border Services Agency employees have ratified a four-year collective agreement that includes pension and benefits gains. The agreement with, the Public Service Alliance of Canada and the Customs and Immigration Union, includes a pensionable $2,500 one-time, lump-sum payment for all employees upon the date of signing. For members […]

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70% of U.S. employers say benefits critical to attraction, retention efforts: report

lbailey — Wed, 10 Jul 2024 13:00:49 +0000

Nearly three-quarters (70 per cent) of U.S. employers say their company’s benefits package is critical to attracting and retaining the best workers, according to a new report by LIMRA. It found half (51 per cent) of employers believe their company will be offering more benefits in the future than it does today and another six […]

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Nestlé, Unifor agreement includes pension, benefits gains

Sadie Janes — Tue, 04 Jun 2024 13:00:14 +0000

The union representing more than 460 employees at Nestlé in Toronto has ratified a three-year collective agreement that includes pension and benefits gains, ending a strike that began on May 5. The agreement includes a $1 increase each year in the defined benefit pension plan for non-skilled trades and $2 each year for skilled trades. […]

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