The workplace programs, tools and supports that employees value have changed over the last four years, leading many employers to pause certain office perks, such as table football or fancy coffee bars, to focus on offerings that can make a difference in employees’ everyday lives. “While no one can say employees won’t enjoy a foosball […]
Physically active workers in Canada lose 10 fewer workdays of productivity annually than their sedentary counterparts, according to Telus Health’s latest mental-health index. The survey, which polled 3,000 employees, found workers dissatisfied with their physical health scored 22 points lower in mental health and lost 21 more days of productivity annually than satisfied counterparts. The […]
Nearly two-thirds (64 per cent) of Americans say they wish they’d started saving for retirement when they were younger than age 25, according to a new survey by Voya Financial Inc. The survey, which polled more than 1,000 Americans adults, found more than half said they started saving for retirement when they were between ages 18 […]
A majority (83 per cent) of U.S. workers say they’re concerned the increasing cost of living will make it harder to save for retirement and more than three-quarters (78 per cent) are concerned inflation will stay high, according to a new survey by the Employee Benefit Research Institute and Greenwald Research. The survey, which polled […]
Nearly three-quarters (71 per cent) of Canadian workers say their rising cost of living is increasing faster than their income, according to a survey by Scotiabank. The survey, which polled more than 1,500 employees, found Canadians, on average, worry about their finances for 15 hours a week, up from 10 hours last year. Read: Hydro Ottawa providing […]
The vast majority (89 per cent) of U.S. employees say they’d be more likely to continue working for an employer that offered a retirement plan, according to a new survey by Vestwell Holdings Inc. The survey, which polled more than 1,200 workers, found a similar percentage (89 per cent) expressed some level of interest in […]
More than two-fifths (45 per cent) of U.S. defined contribution pension plan sponsors say they’re considering implementing emergency savings features, according to a survey from MFS Investment Management. The survey, which polled 1,000 DC plan members and more than 140 plan sponsors, found nearly a quarter (23 per cent) of plan sponsors said they’d take […]
A story on how plan sponsors and insurers are considering covering weight-loss drugs as part of a broader push towards more inclusive benefits was the most-read benefits story on BenefitsCanada.com this year. Here are the 10 most popular benefits news stories of the year: 1. How plan sponsors, insurers are considering coverage of weight-loss drugs amid rising […]
With more than 40,000 employees across the country, Amazon Canada is a microcosm of the wider national workforce. Comprising five generations, the online retailer’s workers represent a wide spectrum of savings goals and related challenges. And to support these goals, it has developed a diverse array of options to meet staff at every stage of […]
More than half (57 per cent) of U.S. women say they don’t earn enough to save for retirement and 26 per cent say they agree strongly with this statement, according to a new survey by the Transamerica Institute. The survey, which polled more than 5,600 employees, found while a similar percentage (50 per cent) of […]