The Ottawa Community Housing Corp.’s flexible employee well-being strategy led to a win in the Health/wellness program category for employers with fewer than 1,000 employees at Benefits Canada‘s 2022 Workplace Benefits Awards on Oct. 18. “Our organization is happy about the win because this journey in terms of supporting employee health started about two to three years back,” […]
LifeLabs Inc.’s holistic well-being strategy led to its win in the Coronavirus and benefits category for an employer with more than 1,000 employees at Benefits Canada‘s 2022 Workplace Benefits Awards on Oct. 18. In 2021, the organization recognized employees are likely to experience the coronavirus pandemic’s lasting impacts for months and years to come and turned its focus […]
The majority (84 per cent) of U.S. employers are increasing their benefits offerings to help with attraction and retention efforts, according to a new survey by CITE Research on behalf of Lively Inc. It found almost all (94 per cent) respondents said they believe parental leave benefits are the most important offering to attract and […]
As employers increasingly focus on diversity, equity and inclusion in their human resources policies and benefits programs, KPMG in Canada has introduced a daily living benefit that provides coverage for living aid equipment for employees. Some examples of equipment that qualifies under the new benefit are chairlifts, grab bars and bathroom equipment such as bath […]
The provision of employer-sponsored benefits has evolved significantly over the last 45 years, with the past decade ushering in the most consequential changes, fueled by technology, increased competition and demand. In the 80s and 90s, benefits plans were very siloed and one size fits all, says Chris Pryce, founder and president of Human Capital Benefits, […]
Our industry sometimes gets a bad rap for being overly traditional and slow to change. But there’s no question we’ve seen some major shifts in employee benefits over the past 45 years. Three of those shifts will have implications for employers going forward. Greater onus on the individual to save for retirement Over the years, […]
I was a little daunted to write a piece for Benefits Canada’s 45th anniversary issue — it has been almost 15 years since I last penned a column for the magazine and I’m a little out of practice. The assignment seemed straightforward — 500 to 600 words on how benefits have evolved or what’s expected […]
The firm’s benefits, pension and well-being leader discusses diversity, equity and inclusion strategies, destigmatizing mental illness and improving her sewing skills. Q: What new programs or initiatives are you looking to implement? A: This year, we launched a reimagined benefits program that included a variety of DEI-focused benefits. In the coming year, we’re looking to […]
Half of benefits plan members (49 per cent) and plan sponsors (48 per cent) say they have a health-care spending account in 2022, compared to 39 per cent of both plan members and plan sponsors that said the same in 2021, according to the 2022 Benefits Canada Healthcare Survey. In 2017, when this question was […]
A majority of plan sponsors (80 per cent) and plan members (77 per cent) described the quality of their health benefits plans as excellent or good, according to the 2022 Benefits Canada Healthcare Survey. Employers with 500 or more employees (86 per cent) were more likely than those with fewer than 50 employees (72 per […]