When Tara Vanderloo’s employees are mulling leaving her enterprise software company, she wants to be one of the first people they tell — and to hear their unvarnished reasons why. “I know people get called by recruiters, so I’ve asked the question, ‘Who are you talking to or what type of organizations?'” says the chief […]
More than half of generation Z (56 per cent) and millennial employees (65 per cent) say their current benefits package makes them somewhat more likely to remain with their employer, according to a new survey by LIMRA. The survey, which polled more than 4,000 U.S. employees, found 54 per cent of workers said they view their benefits […]
More than four in 10 (42 per cent) global employees consider the availability of fertility benefits through their employer a ‘deal breaker’ in accepting a job, according to a new survey by Carrot Fertility. The survey, which polled 5,000 people across Canada, India, Mexico, the U.K. and the U.S., also found two-thirds (65 per cent) of […]
An opinion piece on how certain aspects of the Quebec government’s rules and constraints on private drug plans affect pharmacy costs was the most-read story on BenefitsCanada.com this past week. 1. Sounding Board: Why do Quebec’s private drug plans pay higher pharmacy fees? 2. Custodial, maintenance workers at TMU striking over pension contribution increase 3. Half of Canadian benefits providers […]
McCarthy Tétrault LLP is appointing Susan Nickerson as partner and head of its pensions, benefits and executive compensation group. Prior to joining McCarthy Tétrault, she was a partner in Torys LLP’s pension and employee benefits law division for nearly 10 years. She’s also a past chair of the Association of Canadian Pension Management and its […]
Schneider Electric’s senior compensation and benefits leader talks about adapting benefits to flex work, artificial intelligence and time spent gardening. Q: What top challenges do you face in your role? A: Labour market trends over the last two years have had a pronounced impact on expectations around rewards, leading to a greater emphasis on staying […]
Companies that back up talk about investing in employees with action are associated with a four per cent higher return on invested capital, according to a global report by the CPP Investments Insights Institute, FCLTGlobal and the University of Pennsylvania’s Wharton School. The report, which analyzed year-end data for roughly 2,900 companies in the MSCI all […]
While more than two-thirds (69 per cent) of employers say the macroeconomic environment is negatively impacting recruitment, three-quarters (74 per cent) say it hasn’t reduced the importance of diversity, equity and inclusion in the hiring process, according to a new report by LinkedIn. The report analyzed data from millions of LinkedIn members, as well as survey responses from more […]
Arthur J. Gallagher & Co. has completed its acquisition of BCHR Holdings — also known as Buck — for US$660 million. Through the agreement, Gallagher will expand its retirement, benefits and human resources consulting services in Canada, the U.S. and the U.K., according to a press release. Buck’s team of 2,300 employees will operate under the direction […]
Although a majority (83 per cent) of U.S. employers say their employees are satisfied with their current benefits offerings, fewer than two-thirds (61 per cent) of workers agree, according to a new survey by MetLife Inc. The survey, which polled more than 2,800 employers and more than 2,800 full-time employees, found the No. 1 reason […]