Employers vastly underestimate the impact of workers leaving an organization on the staff left behind, leading to even more turnover, according to a new study by the University of British Columbia. “The research sends a clear message to organizations that they should be extremely careful when they make exit decisions or they risk destabilizing the […]
Employers that aren’t encouraging LGBTQ2S+ inclusivity stand to lose significant amounts of money due to turnover, lower employee engagement and decreased productivity, says Michael Bach, founder and chief executive officer of Canadian Centre for Diversity and Inclusion Consulting Inc. “The employers making real progress are the ones that recognize the benefit of action and the […]
Employees worrying about their finances on the job will cost Canadian employers more than $40 billion in 2022, almost double the $26.9 billion in lost productivity calculated in 2021, according to a new survey by the National Payroll Institute. The survey, which polled more than 3,000 Canadian employees, found a fifth (20 per cent) of […]
3M Canada’s benefits specialist discusses absence management, the ‘Great Resignation’ and rock painting. Q: What new programs or initiatives are you looking to implement? A: We recently launched an absence management platform that serves as a one-stop shop for our leaders to refer employees regarding disability leave and to stay informed on the status of […]
Three-fifths (60 per cent) of Canadian employees are considering leaving their job due to factors such as burnout and a lack of alignment with their employer’s values, according to a new survey by Ceridian HCM Inc. The survey, which polled more than 1,000 employees, found among employees looking for a new role, 39 per cent said […]
U.S. employer-sponsored health insurance and well-being programs are expected to yield an average return on investment of 47 per cent this year, according to a new report by Avalere Health, commissioned by the U.S. Chamber of Commerce. It found the key drivers of this ROI are improved employee productivity (US$275.6 billion), reductions in direct medical […]
In response to the race riots in Rochester, N.Y. in the 1960s, the chief executive officer of Xerox Holdings Corp. and its Black employees decided to start a group for Black workers to safely discuss their shared experiences and advocate for change. Since this first known example of an employee resource group, many different types […]
Nearly a third (31 per cent) of Canadian employees are currently looking or plan to look for a new role in the second half of 2022, up from 28 per cent in December 2021, according to a new survey by Robert Half Canada Inc. The survey, which polled more than 500 Canadian employees, found those […]
While Canada’s rate of employee engagement is in line with the global average of 21 per cent, it remains lower than the U.S. (35 per cent), according to a new survey by Gallup Inc. Among Canadian employee respondents, 63 per cent were likely to describe themselves as thriving compared to a global average of 33 […]
Three-quarters (74 per cent) of employers cite cost as the most important aspect to consider when designing and reviewing their benefits plans, followed by employee attraction and retention (63 per cent), according to a new survey by MBWL International Ltd. and Normandin Beaudry. Daniel Drolet, a senior partner at Normandin Beaudry, says while employers focused […]