When my fiancée and I decided to get a puppy in July, one of the first decisions we faced was whether or not to get pet insurance. In the past, I had a dog with a number of medical issues, so insurance appealed to me. However, after looking at the cost breakdown and the fact that a lot […]
Only 40 per cent of Canadians who are classified as precarious workers have access to pension plans or registered retirement savings plans, compared to 85 per cent of those who are identified as secure professionals, according to a new report by the Canadian Centre for Policy Alternatives. The report, which surveyed 1,000 Canadians, found 78 per cent are secure professionals, while […]
Getting his daily exercise in at his workplace’s fitness centre did more than help Citigroup Inc. employee Jag Singh shrink his waist by a full pant size. It also helped bring a sense of clarity and freshness to his workday. “That’s really what’s changed for me,” said Singh, who works as a senior application programmer […]
Aurora Cannabis Inc. is rolling out a new employee benefits plan that includes coverage of medical marijuana. The plan, which will be administered by Sun Life Financial Inc., will cover the drug for Aurora’s employees and their dependents. “The speed with which Canada’s largest insurers are moving to cover the costs of medical cannabis reflects the increasing […]
Two-thirds (63 per cent) of North American employers offer financial education to their staff and a further 19 per cent are considering doing so, according to a new survey by the International Foundation of Employee Benefit Plans. The survey, which queried 448 organizations from Canada and the United States, found that, among employers that do offer financial […]
Golf Town Ltd. is giving its workforce a little nudge to help get its communications across. Last year, the retailer connected with Nudge Rewards Inc., introducing the technology company’s mobile platform to facilitate the way it communications with employees. “They were talking about how to engage and communicate with employees, and we have multiple locations across Canada and we […]
RBC Insurance is rolling out a free wellness program for its group benefits plan sponsors with health coverage. The digital program features health risk assessments, a newsfeed with content tailored to plan members, peer-to-peer recognition, personal and corporate challenges and progress-based incentives and rewards such as retail discounts. The program, which also syncs with wearable […]
Morneau Shepell Inc. is acquiring employee assistance program and wellness provider LifeWorks Corp. Ltd. for about $426 million. “This acquisition is aligned with Morneau Shepell’s global growth strategy as well as our focus on technology innovations to create added value for our clients and their employees,” said Stephen Liptrap, president and chief executive officer of Morneau Shepell, […]
Hub International Ltd. is acquiring two more Canadian companies as it rolls out its strategy for expanding its employee benefits and pension business in Canada. “We decided a few years ago that one of the key strategic initiatives for the entire company was to build a market-leading employee benefits and pension organization in Canada to complement […]
The Great-West Life Assurance Co. is covering continuous glucose monitoring devices for eligible plan members beginning Aug. 1, 2018. The devices include a reader, wearable sensors and a transmitter that sends measurements of glucose levels to a smart device every five minutes. Measuring by day and at night, the device helps avoid glucose spikes and drops […]