Benefits Canada is thrilled to announce the winners of the 2021 Workplace Benefits Awards. At a virtual roundtable and awards ceremony on Thursday, 23 finalists gathered to discuss their leading benefits and pension strategies, followed by winner announcements across 10 categories. All of the finalists represent benefits and pension plans covering nearly 300,000 Canadians. These employers are proactively and passionately aiming to […]
The majority (87 per cent) of U.S. millennial employees are more interested in certain benefits this year, with life insurance (39 per cent) topping the list, followed by financial planning tools (34 per cent), dental insurance (31 per cent) and legal plans (29 per cent), according to a new survey by Rainmakers CSI for MetLife […]
With many employers currently planning where employees will work post-coronavirus pandemic, our story on the Royal Bank of Canada’s hybrid work model piqued the interest of Benefits Canada‘s readers, taking the top spot as the most-read story over the past seven days on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. RBC banking […]
Nearly half (44 per cent) of employers that offer retirement benefits said employee productivity has been better than normal over the past year, compared to 29 per cent of employers that don’t offer retirement benefits, according to a survey by Maru Group Ltd. on behalf of the Healthcare of Ontario Pension Plan. The survey, which […]
Canadians reported slightly higher levels of financial well-being in the summer of 2021, with many focusing on saving for retirement, according to a new survey by LifeWorks Inc. The survey, conducted among 3,000 respondents, found a financial well-being index score of negative 1.6 compared to the pre-coronavirus pandemic benchmark, up slightly from negative 2.8 in […]
Nearly a quarter (23 per cent) of working Canadians say the coronavirus pandemic has delayed their — or their spouse’s — timeline to retirement, according to a new survey by Ipsos on behalf the Canadian Institute of Actuaries. The survey, which polled more than 1,500 Canadians aged 18 and up, found the top reason for the […]
About a third (36 per cent) of working Canadians and 21 per cent of retirees aren’t confident how much money their retirement income sources will provide them in the future, according to a new survey by Mackenzie Investments. Fortunately, a majority (79 per cent) of retirees said they’re very or somewhat confident their retirement income sources will […]
The coronavirus pandemic is changing what perks millennial managers consider “must haves,” according to a new survey by MetLife Inc. It found millennial managers (ages 26 to 40) are significantly more likely to describe pet insurance (up 58 per cent), legal services (up 50 per cent) and financial planning tools (up 40 per cent) as “must […]
Canada drops to No. 10 among developed nations for retiree well-being after spending two years in a row at No. 8, according to Natixis Investment Managers’ annual global retirement index. The index, which provides an overview of the relative well-being and financial security of retirees in 44 countries, examined several factors, including whether a country […]
Preparing financially for retirement is a marathon filled with many obstacles along the way to a constantly shifting finish line. Even in 2021, female employees tend to have more obstacles and subsequently lag well behind their male counterparts when it comes to retirement savings. Women retire 30 per cent less wealthy than men, according to […]