Canadians employees aged 20 to 29 continue to have the lowest general well-being, with a score of 46.3 out of 100, according to a new report by Dialogue Health Technologies Inc. The report, which analyzes data across five dimensions of well-being — including mood, stress, sleep, activeness and sense of purpose — found Canadians’ average well-being has […]
Seven in 10 (70 per cent) employees say they’re dissatisfied with their employer’s current benefits plan, according to a new survey by Robert Walters Canada. The survey, which polled more than 500 employees, found more than a quarter (27 per cent) agreed the benefits their employer offers are mostly trivial and do more to attract employees […]
One expert suggests employers bridge their knowledge gap by finding ways to turn education into action, while another says companies’ commitments to ongoing financial literacy is helping to do just that. Roland Chiwetelu (pictured right), associate director of financial wellness, Eckler Ltd. One expert suggests employers bridge their knowledge gap by finding ways to turn […]
An article on Samsung Electronics Co. Ltd.’s win in the Health/Wellness Program category for employers with fewer than 1,000 employees at Benefits Canada’s 2024 Workplace Benefits Awards 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. Samsung’s multi-faceted well-being strategy leads to […]
Young Canadian employees are facing a series of headwinds stemming from rising housing costs and decades of inaction by the federal government to support retirement savings, said Paul Kershaw, founder of not-for-profit organization Generation Squeeze and a policy professor at the University of British Columbia, during the keynote session at Benefits Canada’s 2024 Defined Contribution […]
The rising cost of living in the post-pandemic era has impacted all aspects of employees’ financial wellness, including retirement savings. In 2023, Hofmann-La Roche Ltd. examined the savings needs of its multigenerational workforce and determined more flexibility was required to encourage employees to set aside retirement savings, said Rana Kassab (pictured right), the company’s director […]
Nearly two-thirds (61 per cent) of Canadians say they’re afraid of running out of money in retirement, according to a new survey by the Canada Pension Plan Investment Board. The survey, which polled more than 4,700 Canadian adults, found more than two-thirds (67 per cent) of employees aged 28 to 44 are afraid they’ll run […]
During Financial Literacy Month and throughout the entire year, Desjardins Group is promoting financial literacy by offering employees personalized financial advice, as well as hosting a program geared towards young workers. “Over the last few years, we’ve worked incredibly hard on several initiatives that support the financial empowerment of our [employees and customers],” says Isabelle […]
An article on Amazon Canada’s win in the Financial Wellness Program category at Benefits Canada’s 2024 Workplace Benefits Awards 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. Amazon Canada’s new estate planning benefit key to financial wellness win 2. Half of Canadian employees behind […]
Samsung Electronics Co. Ltd.’s multi-faceted approach to employee well-being took home the top prize in the Health/Wellness Program category for employers with fewer than 1,000 employees at Benefits Canada’s 2024 Workplace Benefits Awards on Oct. 18. “I’m actually really surprised [by the award win]!” says Merlyn Sequeira, senior director of total rewards at Samsung. “It’s […]