Thomson Reuters Corp. is introducing a minimum 16-week paid leave for all employees who are welcoming a new child, regardless of gender identity, sexual orientation, marital status or family role. The global policy is part of a wider Thomson Reuters initiative to promote a healthy work-life balance through its Flex My Way program, which also […]
Tonya Johnson, age 39, is single, happy and freezing her eggs to buy a little more time before she starts a family. The procedure is costly — as much as $15,000 for one egg freezing cycle with medication — putting it out of reach for many. But Johnson works for one of a growing number of companies in Canada offering egg freezing as […]
The Alberta Investment Management Corp. is adjusting its parental leave and flexible working policies to make them more equitable for women employees. Earlier this year, the AIMCo changed its corporate incentive plan, to no longer prorate performance pay during the supplemental employment benefits period for parental and maternity leave. Prior to the change, employees who took […]
While 80 per cent of U.S. employers say their company is doing enough to address diversity, equity and inclusion in the workplace, just 66 per cent of employees agreed, according to a new survey by Employ Inc. The survey, which polled more than 1,000 employees and more than 500 employers, found the majority (82 per […]
Nearly three-quarters (74 per cent) of U.S. employers say they offer hybrid work arrangements, according to a new survey by the International Foundation of Employee Benefit Plans. The survey, which polled more than 500 employers, found 55 per cent said they offer fully remote working arrangements while 57 per cent offer flexible work hours. In […]
An article on how Canada compares to other countries in terms of its vacation day offering was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Canada ranks 39 out of 43 countries for vacation day offering: report 2. Coke Canada expanding coverage for mental-health, family-building […]
The majority of Capital One Canada’s workforce are second-generation Canadians and/or immigrants, so many employees didn’t see their families during the pandemic. While they wanted to take extended leaves from work, the financial company found few were actually taking advantage of its existing leave program. “It’s because it was unprotected,” said Rita Mizzi-Gago (right), the […]
Coca-Cola Canada Bottling Ltd. is expanding its coverage for mental-health and family-building benefits as part of its strategy to incorporate diversity, equity and inclusion throughout its benefits plan. The family-owned bottling company made a promise to its partner, the Coca-Cola Co., that it would build a multi-generational business and create a safe and inclusive workplace […]
The TD Bank Group’s inclusive benefits offerings resulted in a win in the Drug and benefits plan innovation category at Benefits Canada’s 2022 Workplace Benefits Awards on Oct. 18. In March, the bank enhanced coverage to include fertility and reproductive treatments and introduced new surrogacy and adoption benefits, with a $20,000 lifetime maximum for each benefit. “We heard […]
The majority (84 per cent) of U.S. employers are increasing their benefits offerings to help with attraction and retention efforts, according to a new survey by CITE Research on behalf of Lively Inc. It found almost all (94 per cent) respondents said they believe parental leave benefits are the most important offering to attract and […]