LifeLabs Inc.’s 2021 Workplace Benefits Awards win is helping the company communicate the value of its mental-health support offerings to employees. The organization’s holistic wellness strategy took home the mental-health program award for companies with more than 5,000 employees. When the coronavirus pandemic hit in March 2020, LifeLabs strengthened its mental-health strategy to address employees’ […]
Samsung Electronics Co. Ltd.’s 2021 Workplace Benefits Awards win is generating discussion and the sharing of ideas with other WBA recipients and nominees, says Merlyn Sequeira, the organization’s director of total rewards, payroll, recognition, wellness and human resources systems. “There were a few ideas that came from those discussions which I thought I could leverage and […]
Over the course of the coronavirus pandemic, health-care spending and wellness accounts have been vital tools in employers’ support toolboxes. Whether it’s increasing the dollar amount allotted to these accounts or broadening the eligible services covered under wellness accounts, employers are maximizing these offerings to help employees endure the prolonged public health crisis. Since HCSAs […]
Canadian employers are turning their focus to updating their benefits plans and ensuring a strong employee experience in an effort to address the challenges employees are facing in the coronavirus pandemic and to attract key talent in a tight labour market. “Many companies are adding new services to their benefits plans to support their employees […]
A majority (92 per cent) of Canadian employees feel they’re at risk of experiencing burnout as the coronavirus pandemic drags on, according to a new survey by Mercer. The survey, which polled 11,000 employers and employees from 16 countries, found 59 per cent of employer respondents are concerned about high employee sickness/absence rates and remote […]
In 2021, Foresters Financial redesigned its retirement and benefits plans to be more flexible, relevant and competitive, modernizing the plans with the recognition that employees have varying financial priorities. “Overall, we have a very diverse employee base,” says Ken Adams, the financial services company’s vice-president of total rewards. “Someone who is a few years out […]
Canadian employers looking to redesign their benefits plans are in a holding pattern until they hear more details on the Liberal Party of Canada and the New Democratic Party’s joint proposed national dental-care and pharmacare programs. Last week, the two parties announced plans to form an alliance until 2025 in order to deliver these programs […]
Nearly half (47 per cent) of employers say their workforce attrition was higher in 2021 than it was in 2020, according to a survey by Rebel & Co. on behalf of Morgan Stanley at Work. The survey, which polled equity leaders from more than 400 global companies, found 32 per cent of respondents are looking […]
Over the next three years, 67 per cent of plan sponsors said they anticipate investing money and/or staff resources in wellness areas outside of their health benefits plan, with 51 per cent focusing on investments in emotional or mental health, according to the 2021 Benefits Canada Healthcare Survey. It found 14 per cent of plan sponsors […]
Telus Communications Inc. recognizes that all employees manage their health and well-being in different ways, so it allows staff to choose how they use the company’s flexible wellness offering — they can take time off to enjoy a staycation, pay down student loans or top up their health-care spending accounts. “We provide [employees] with credits […]