With multiple generations in Canada’s diverse labour force, each generation has distinct needs and expectations, with millennials, in particular, creating increasing challenges for plan sponsors. The age group is comfortable talking about finances, but they aren’t saving for retirement, said Maria-José Perea, vice-president of product innovation in group retirement savings at Desjardins Insurance, during Benefits […]
The vast majority (92 per cent) of white-collar workers say they’re stressed about their finances, according to a new survey by BrightPlan. The survey, which polled more than 1,400 employees, found workers who are financially stressed reported impacts on their mental (72 per cent) and physical health (60 per cent). Nearly two-thirds (64 per cent) […]
Nearly all (94 per cent) Canadian employees say they’d look for a new job if their pay was regularly delayed, according to a new survey by the National Payroll Institute. The survey, which polled more than 1,500 workers, found 91 per cent agreed they’d look for a new job if their pay was regularly inaccurate. […]
Sun Life Financial Inc. is supporting employees working in a hybrid arrangement with its new activity-based, people-focused workspace in Waterloo, Ont. “We’ve been on a journey of rethinking work since before the [coronavirus] pandemic,” says Helena Pagano, executive vice-president, chief people and culture officer at Sun Life. “We knew with changing employee expectations, increasing competition for […]
While the majority (81 per cent) of Canadian human resources leaders believe senior company leaders need to support diversity, equity and inclusion efforts, they also say accountability for these programs extends across an organization, according to a new survey by Chartered Professionals in Human Resources Canada. The survey, which polled more than 1,300 HR leaders, […]
Storytelling is a fundamental part of being human. It’s how information, culture and ways of living are passed down to the next generation. It’s also key to building connections and a sense of community. When people share stories, it creates empathy, which in turn promotes a feeling of emotional connection and is a building block […]
Nearly half (45 per cent) of U.S. workers say their employer isn’t investing in employee connection, according to a new survey by Eagle Hill Consulting. The survey, which polled more than 1,300 workers, found employees believe feeling connected to their work improves their ability to do their job (60 per cent), day-to-day work quality (58 […]
The coronavirus pandemic ushered in a new world of work when organizations in most sectors were forced to find ways to operate virtually. Three years later, many employees — especially younger generations — want these flexible working options to stay. “Like many other firms, our employee demographic is mostly made up of millennials and [generation] […]
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 […]
Two-fifths (39 per cent) of U.S. employees say they haven’t taken a vacation in the last 12 months, according to a new survey by Eagle Hill Consulting. The survey, which polled more than 1,000 workers, found lower-income employees (59 per cent) and younger staff (43 per cent) were most likely to not take a vacation. […]