Nearly three-quarters (70 per cent) of U.S. employers say their company’s benefits package is critical to attracting and retaining the best workers, according to a new report by LIMRA. It found half (51 per cent) of employers believe their company will be offering more benefits in the future than it does today and another six […]
With millennials and generation Z employees representing roughly 75 per cent of the Canadian workforce, employers need to respond to the changing needs of these demographics, said Andrew Brandsma, director of sales for new business development at claims processing company National HealthClaim, during a session at Benefits Canada’s 2024 Vancouver Benefits Summit in May. Both […]
Telus Communications Inc. is ensuring employees bring their best self to the job by supporting their well-being both in the workplace and at home, said Wade Domries, the company’s vice-president of global total rewards, during a session at Benefits Canada’s 2024 Vancouver Benefits Summit in May. The organization’s current approach to well-being started taking shape […]
An article on the benefits of tailoring an individual’s work schedule around their circadian rhythm and optimum times of productivity 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. How ‘Chronoworking’ is helping boost employee productivity, recruitment 2. FSRA releases final […]
Everyone loves a deal, but many Canadians either forget or don’t realize they can find discounts through their workplace. “There really are a lot [of perks] that employees just don’t seem to know about,” says Debby Carreau, chief executive officer and founder of Inspired HR, a human resources consultancy with offices across Canada. “Those things […]
Three-quarters of Canadian organizations (and 67 per cent of global employers) either offer or are keen to offer benefits choice or flexible benefits, according to a new survey by MBWL International, an international joint venture between Barnett Waddingham, Milliman Inc., Lurse and Normandin Beaudry. The survey, which polled more than 250 global employers, found 27 per cent […]
The University Pension Plan’s chief people officer discusses expanding the talent pool, providing access to personalized and culturally relevant mental-health practitioners and finding time to enjoy the theatre. Q: What top challenges do you face in your role? A: As a new organization responsible for delivering pension security to 40,000 members, we need to attract […]
Nearly three-quarters (72 per cent) of U.S. employees are choosing to stay with their employers, a significant change from 2022 when 53 per cent were looking to leave, according to a new survey by WTW. The survey, which polled 10,000 U.S. workers, found, while a quarter were open to offers in 2022, only 11 per […]
PepsiCo Canada is baking flexibility into its retirement savings benefits to support employees’ financial security amid the rising cost of living. To help employees reach their retirement savings goal, the food and beverage company is matching employees’ bonuses up to 3.5 per cent, with the employer contribution automatically directed into their defined contribution pension plan. […]
The RBC’s senior director of North American benefits and global well-being discusses building flexibility into the modern benefits plan, harnessing AI capabilities in the banking world and finding wellness in the great outdoors. Q: What top challenges do you face in your role? A: Employees are looking for meaningful support in both their professional and […]