An article on how financial wellness programs can help employees in their relationships was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Wellness programs key to keeping financial stress out of relationships: expert 2. 64% of Canadian employees […]
Employers can help employees maintain harmony in their relationship on Valentine’s Day and beyond through financial wellness programs, says Connie Cooper, associate vice-president of executive financial counselling and education services at CWB Wealth. According to a recent survey by the Royal Bank of Canada, more than three-quarters (77 per cent) of Canadians said money is a […]
It’s no secret that the cost of living has jumped significantly in Canada over the last five years. Between the price of groceries, mortgages/rents and everything else, life isn’t as affordable as in previous years and, with a new/returning U.S. president threatening tariffs on Canadian imports, costs don’t look like they’ll be dropping anytime soon. […]
With all the focus on women’s health in the workplace in the past year, employers should be providing more support for pregnant employees by improving their financial security, having open discussions around symptoms and offering more flexibility. As a soon-to-be first-time mom — who was unsure how she felt about becoming pregnant at first — my […]
The mental health of Canadian workers has dropped below levels last seen at the start of the coronavirus pandemic, driven by a steep decline in financial wellness, according to Telus Health’s latest mental-health index. The survey, which polled more than 3,000 employees, found workers’ average mental-health score dropped from 64.4 in September to 61.3 in […]
More than half (55 per cent) of women employees say they want to improve their financial literacy, compared to 52 per cent of all workers, according to a new survey by Intuit Canada. The survey, which polled 2,600 employees and roughly 500 small- and medium-sized employers, found this gap in financial knowledge has resulted in […]
With the return of the holiday shopping season, employees may be tempted to spend more than they planned, despite the rising cost in living. According to a recent survey by Deloitte Canada, Canadians plan to spend, on average, $1,478 for the holidays this year, up 10 per cent — or $131 — from 2023 but […]
While nine in 10 (85 per cent) employers that reported decreased employee productivity over the past year cited burnout as a major problem, investing in retirement benefits appears to have a positive impact on these issues, according to a new survey by the Angus Reid Group on behalf of the Healthcare of Ontario Pension Plan. […]
More than half (56 per cent) of Canadian employees say they’re less productive at work due to financial concerns, according to a new survey by the National Payroll Institute. The survey, which polled 1,500 employees, found the percentage of Canadians who consider themselves financially stressed increased to 41 per cent from 37 per cent in […]
Canadian health benefits plan members are increasingly feeling financially strained, according to the 2024 Benefits Canada Healthcare Survey — a finding that experts say should be a call to action to employers to include more financial wellness supports in benefits plans. Personal finances has remained plan members’ top stressor for the past two years, with […]