A decision by a British Columbia labour arbitrator on how a drug cost-control program violated a collective agreement was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Implementation of drug cost-control program violated collective agreement: arbitrator 2. Employers seeking to withhold termination entitlements must prove […]
Capital One Canada is providing employees with a free subscription to virtual learning platform MasterClass, to further their career development and foster their overall well-being. “Everybody learns and develops in their own way and if you want to see people grow, you should support them in owning their journey,” says Patrick Ens, president of Capital One in […]
Half (49 per cent) of employees would like their employer to increase investment in mental, physical and financial well-being resources, according to a new survey by employee engagement company Reward Gateway. The survey, which polled 3,800 employees and human resources decision-makers across Australia, the U.K. and U.S., found 50 per cent would like to see increased […]
Dillon Consulting Ltd. is supporting employees’ financial well-being through a student debt repayment program. The program allows employees to repay student debt by using employer contributions to the company’s deferred profit-sharing plan that match employee contributions to the group registered retirement savings plan, says Tanya Cross, a partner at Dillon Consulting. Read: Indigo to pilot Great-West […]
Many U.S. employers are adding travel coverage for employees travelling for an abortion, amid recent restrictions imposed by several states. Among the employers offering this coverage are Amazon.com Inc., Apple Inc., Citigroup Inc., Levi-Strauss & Co., Microsoft Inc. and Yelp Inc. Currently, 13 states have imposed restrictions to abortion access and, if the Supreme Court […]
The beginning of the coronavirus pandemic was the catalyst Imperial Tobacco Canada Ltd. needed to breathe new life into its employee wellness strategy. While the public health crisis altered the traditional workplace in many ways, it also inspired employers to listen to employees about the well-being supports they needed most, says Lito Charet, the organization’s […]
Twitter Inc.’s head of total rewards discusses personalized offerings, the benefits of an employee learning allowance and travelling post-pandemic. Q: What top challenges do you face in your role? A: Remaining competitive for talent is top of mind these days. Post-pandemic, employees and potential talent consider their quality of life and personal fulfillment as important […]
Roughly two-fifths (37 per cent) of U.S. employers are increasing the quality of their existing benefits offerings to help with employee retention and attraction efforts, according to a survey by Principal Financial Services Inc. The survey, which polled 500 employers and 200 employees, found the top three enhanced benefits are short- and long-term disability insurance, […]
Employers are increasingly facing a tight labour market and need to compete for top talent with a stronger benefits offering. Using technology to compare offerings across insurance companies and other providers can ensure employers have a cost-competitive plan that speaks to employees’ needs, said Matt Lister, co-founder and chief executive officer at CloudAdvisors, during Benefits […]
Almost two-thirds (61 per cent) of U.S. employees aged 25 to 35 have changed jobs in the last two years or are planning to make a move by 2024, according to a new survey by Fidelity Investments Inc. The survey, which polled 1,500 employees, found while salary was the most important factor to employees who […]