HSBC Bank Canada is enhancing its benefits plan by adding new coverage for fertility treatments, surrogacy and gender affirmation. The bank is introducing a surrogacy medical benefit up to a maximum of $30,000 per lifetime for eligible surrogacy medical expenses incurred by a surrogate and fertility treatments up to a maximum of $20,000 per lifetime for […]
While the latest stage of the coronavirus pandemic is heralding a gradual return to relative calm, plan sponsors are stepping out of the frying pan and into the fire. The pandemic accelerated the ongoing evolution in the relationship between plan sponsors and plan members, with employees now looking to their employers to help them manage […]
When the U.S. Supreme Court overturned Roe v. Wade, it triggered a flurry of questions — and some confusion — from employers on how they could continue to provide abortion coverage in their health benefits plans while complying with various state laws, says Sarah Raaii, a lawyer and senior associate with McDermott Will & Emery […]
BNP Paribas in Canada is expanding its employee benefits offering with up to $10,000 lifetime coverage for gender affirmation and fertility treatments. The bank is also adding eight weeks of paid paternity leave for new dads, as well as increasing its mental-health practitioner benefits to $1,000 and increasing the number of paid personal days from two […]
By introducing gender affirmation and fertility benefits coverage, DuPont Canada is aligning its benefits plan with its multinational diversity, equity and inclusion strategy. It all started with an informative webinar and Kelly Desautels’ own personal experience. In July 2021, the organization’s human resources leader was invited to a lunch and learn session on LGBTQ2S+ perspectives […]
When the Molson Coors Beverage Co. introduced gender affirmation benefits for its Canadian workforce early this year, it was an extension of its diversity, equity and inclusion goal to make the traditionally male-dominated brewing industry a more welcoming place for underrepresented groups. The gender affirmation benefit, which was first offered to the brewing company’s U.S. […]
Scotiabank is marking Pride Month by setting new targets for LGBTQ2S+ representation and connecting employees with volunteering opportunities in a range of communities. Dominic Cole-Morgan, senior vice-president of total rewards with responsibility for diversity and inclusion, says the bank is working toward a representation target of seven per cent in Canada by 2025, noting the […]
Twitter Inc.’s head of total rewards discusses personalized offerings, the benefits of an employee learning allowance and travelling post-pandemic. Q: What top challenges do you face in your role? A: Remaining competitive for talent is top of mind these days. Post-pandemic, employees and potential talent consider their quality of life and personal fulfillment as important […]
The Canadian Imperial Bank of Commerce is adding gender affirmation coverage to its benefits program and enhancing existing offerings such as paid parental leave and fertility treatments. The gender affirmation benefit will cover specific gender transition surgeries and procedures not covered by provincial programs to an annual maximum of $10,000 and a lifetime maximum of $25,000, according to […]
A ruling by the Supreme Court of British Columbia on the B.C. Credit Union Employers’ Pension Plan’s normal retirement date was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. B.C. court upholds pension plan’s decision to increase retirement age 2. Ontario NDP platform includes dental […]