Scotiabank is aiming to increase the representation of visible minorities in senior management roles by 30 per cent or more over the next five years, as part of renewed efforts to diversify its employee population. The step is one of several the bank is taking to address diversity and inclusion in its workforce in the wake […]
Manulife Financial Corp. is increasing its family leave support for Canadian employees, providing 20 weeks of paid maternity leave and 12 weeks of paid parental and adoption leave, effective Jan. 1, 2021. Canadian employees and their dependants also now have access to full gender affirmation coverage for both surgical and non-surgical treatments, as well as […]
The union representing General Motors of Canada Co. employees in Ontario have ratified a new three-year collective agreement that removes changes to a legacy defined benefit plan as part of ongoing pension discussions. The deal restores the legacy DB plan by removing a member contribution requirement and a 30-year cap on credited service introduced in […]
Sun Life Financial is introducing a digital program to advance workplace diversity, inclusion and equity among its global workforce. The peer learning program, by Hive Learning Ltd., is designed to help employees own, accelerate and embed change, increasing the pace at which inclusion becomes a habit, according to a press release. Read: How to use benefits to support […]
Soon after the beginning of the coronavirus pandemic, layoffs and the shift to remote working resulted in a 30-year low in female participation in the Canadian workforce, threatening to undo gains in gender equity in the workplace, according to a new report by the Canada Pension Plan Investment Board. Women have suffered the most layoffs or furloughs during the pandemic […]
Starbucks Corp. is aiming to tie its executive compensation to diversity targets beginning in 2021. The move is one of a series of initiatives the coffee chain has pledged to implement in its diversity, equity and inclusion goals and training, which come at a time of social justice unrest in the U.S. Starbucks has committed to […]
The Ontario Teachers’ Pension Plan is leading a new US$360 million equity investment in a Singapore-based data centre developer, operator and investor. Founded in 2017, Princeton Digital Group has a current portfolio of 18 centres across China, India, Indonesia and Singapore. Global private equity firm Warburg Pincus LLC is also participating in the investment. “We’re […]
The Ontario Teachers’ Pension Plan is leading a new US$360 million equity investment in a Singapore-based data centre developer. Founded in 2017, Princeton Digital Group has a current portfolio of 18 centres across China, India, Indonesia and Singapore. Global private equity firm Warburg Pincus LLC is also participating in the investment. “We’re excited to invest in […]
Across the G20 nations, older workers are increasingly vital to a post-pandemic recovery, according to a new report by ageing policy think tank International Longevity Centre U.K. Every third dollar is earned by someone aged 50 or older and nearly one in three workers (29 per cent of the G20 workforce) were over the age of 50 […]
Mercer Canada is appointing Kimm Maugeri as its new human resources leader. With over 20 years of experience in HR, with a focus on diversity and inclusion, learning, performance management, assessment and engagement, Maugeri was previously a principal and relationship manager in Mercer’s global talent and inclusion of expertise. Read more People Watch news In the new role, […]