Demand for international pensions and savings vehicles is continuing to grow as employers try to optimize their benefits packages for different groups within their global workforce, according to a new survey by WTW. Its 15th annual international pension plan survey, which covered more than 1,000 international pension and savings plans sponsored by 955 organizations, found […]
More than half (59 per cent) of expatriate employees want employers to prioritize physical well-being when constructing or choosing health-care packages and benefits, according to a new survey by Aetna Inc. The survey, which polled 1,000 expats from Germany, Mexico, Singapore and the United Arab Emirates, also found that those with children aged 16 and under favoured […]
Since the global coronavirus pandemic prompted a move to remote working, white-collar employees are looking at jurisdictions from Nova Scotia to Bermuda, enticed by a work location that truly fits their lifestyle. And many employers are allowing the option, even post-pandemic, with companies planning out what return to work looks like and how remote work […]
Globally mobile employees may be feeling more discouragement, burnout and stress during the coronavirus pandemic compared to their domestic peers. Indeed, outside of the crisis, expatriate employees are generally more prone to these hurdles, said Nancy Brown, national sales director for Canada at Metlife Worldwide Benefits, in a session at Benefits Canada‘s 2020 Plan Sponsor Week earlier […]
Among Canadian expatriates who said their future plans have been affected by the coronavirus pandemic, 53 per cent said their health and well-being is now a greater priority, while 48 per cent cited family as the biggest priority, according to a new survey by Allianz Care. The survey, which polled expats living in Canada, France, […]
Amid growing concern over the coronavirus, North American employers are taking steps to protect their employees, according to a new survey by Willis Towers Watson. The initiatives include launching employee communication campaigns, reviewing human resources policies, expanding the number of employees working remotely and restricting travel to and from countries deemed to be high risk. […]
In response to proposed amendments to a regulation under Ontario’s Health Insurance Act, the Canadian Life and Health Insurance Association is suggesting employers providing group travel insurance may start paying more for these products. The proposed change, set for Oct. 1, 2019, will result in no provincial coverage for medical emergencies that occur out of the country. In […]
Employers looking to recruit talent from other cities and provinces should consider boosting their relocation benefits and services, according to a new survey by staffing firm Robert Half Canada Inc. The survey found almost half (46 per cent) of employees said they’d consider moving if they had better pay and perks. Despite this, more than a third (37 per cent) […]
Canada is the 10th best country for expatriate employees, with Germany, Bahrain and the U.K. taking the top three spots, according to a new survey by HSBC Bank. Expats are coming to work in Canada from Europe, South and Central Asia and elsewhere in North America, but they’re most commonly from India, the U.K. and the U.S. Workers are attracted […]
As the world is getting smaller, its workforce is becoming more mobile. In 2017, 66.2 million people travelled to live abroad, up from 52.8 million in 2013, according to research by Finaccord Ltd. That figure is expected to balloon to 87.5 million in 2021. In Canada alone, about 2.8 million people live and work abroad, […]