gender pay gap – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 15 Jul 2024 20:34:28 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Gender pay gap in Canada’s tech sector almost tripled between 2016 and 2021: report https://www.benefitscanada.com/news/bencan/gender-pay-gap-in-canadas-tech-sector-almost-tripled-between-2016-and-2021-report/ Wed, 26 Jun 2024 13:00:25 +0000 https://www.benefitscanada.com/?p=157415 The gender pay gap in Canada’s technology sector almost tripled between 2016 and 2021, amounting to the average salary of a woman in the industry being about $20,000 less than her male counterpart, according to a new report by researchers at The Dais, a public policy organization based at Toronto Metropolitan University. The report, which […]

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]]> Association of Ontario Midwives Benefits Trust supporting employees with financial literacy, DC plan options https://www.benefitscanada.com/events/conference-coverage/association-of-ontario-midwives-benefits-trust-supporting-employees-with-financial-literacy-dc-plan-options/ Fri, 10 May 2024 11:56:25 +0000 https://www.benefitscanada.com/?p=154784 Financial literacy initiatives and a wide range of capital accumulation plan options are key components in supporting the financial health of midwives, said Nicole Mellin, executive director of the Association of Ontario Midwives Benefits Trust (pictured left), during a session at Benefits Canada’s 2024 Defined Contribution Plan Summit in February. The association provides its roughly […]

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]]> 41% of global employers report attaining full gender equity: survey https://www.benefitscanada.com/news/bencan/41-of-global-employers-report-attaining-full-gender-equity-survey/ Thu, 11 Apr 2024 19:00:46 +0000 https://www.benefitscanada.com/?p=154176 Just two-fifths (41 per cent) of global employers say they’ve attained full gender equity, according to a new survey by ManpowerGroup. The survey, which polled more than 40,000 employers in 42 countries, found 52 per cent reported pay equity initiatives are on schedule, while the remaining 48 per cent were behind or had no initiatives. […]

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]]> Workers from equity-deserving groups say they’re paid less, receive fewer opportunities: survey https://www.benefitscanada.com/news/bencan/workers-from-equity-deserving-groups-say-theyre-paid-less-receive-fewer-opportunities-survey/ Mon, 08 Apr 2024 13:00:44 +0000 https://www.benefitscanada.com/?p=153984 North American employees who are part of equity-deserving groups continue to report shortfalls in salary and advancement opportunities compared to other workers, according to a new survey by the Robert Walters Group. The survey, which polled 6,000 workers, found 72 per cent more men than women said they earn a salary of $55,000 or more. […]

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]]> Canada’s 100 highest-paid CEOs earned 246-times more than average employee in 2022: report https://www.benefitscanada.com/news/bencan/canadas-100-highest-paid-ceos-earned-246-times-more-than-average-employee-in-2022-report/ Tue, 09 Jan 2024 20:00:47 +0000 https://www.benefitscanada.com/?p=150096 Canada’s 100 highest-paid chief executive officers — who are overwhelmingly male — were paid an average of $14.9 million in 2022, 246-times more than the average employee wage and setting a new record, according to a new report by the Canadian Centre for Policy Alternatives. It found in 2022, Canadian employees received an average pay […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-64/ Fri, 08 Dec 2023 14:00:06 +0000 https://www.benefitscanada.com/?p=148547 An article on how Ontario’s proposed pay transparency legislation will impact employers was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. How Ontario pay transparency legislation will impact employers 2. Expert panel: How interest rates impact DB pension plans 3. How employers can shift younger workers’ ‘soft saving’ […]

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]]> Canadian jurisdictions enacting pay transparency legislation, but more work to be done https://www.benefitscanada.com/human-resources/hr-law/canadian-jurisdictions-enacting-pay-transparency-legislation-but-more-work-to-be-done/ Tue, 21 Nov 2023 14:00:14 +0000 https://www.benefitscanada.com/?p=147431 Pay transparency legislation is quickly gathering steam in Canada as provincial governments take steps towards shrinking the gender wage gap. Prince Edward Island was first to the post with pay transparency provisions in June 2022. While Newfoundland and Labrador’s Pay Equity and Transparency Act received royal assent in November 2022, its pay transparency provisions haven’t […]

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]]> 57% of U.S. women say they don’t make enough to save for retirement: survey https://www.benefitscanada.com/pensions/retirement/57-of-u-s-women-say-they-dont-make-enough-to-save-for-retirement-survey/ Fri, 10 Nov 2023 14:00:54 +0000 https://www.benefitscanada.com/?p=146890 More than half (57 per cent) of U.S. women say they don’t earn enough to save for retirement and 26 per cent say they agree strongly with this statement, according to a new survey by the Transamerica Institute. The survey, which polled more than 5,600 employees, found while a similar percentage (50 per cent) of […]

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]]> Ontario plans to require salary ranges be included in job postings https://www.benefitscanada.com/human-resources/hr-law/ontario-plans-to-require-salary-ranges-be-included-in-job-postings/ Tue, 07 Nov 2023 20:00:57 +0000 https://www.benefitscanada.com/?p=146646 Under new legislation announced Monday, Ontario employers could soon be required to include salary ranges in job postings and disclose if artificial intelligence is part of their hiring process. “It’s an unacceptable reality that women today in Ontario earn an average of 87 cents for every dollar earned by men,” said Labour Minister David Piccini […]

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]]> NY state law requiring employers disclose proposed pay rates takes effect https://www.benefitscanada.com/news/bencan/ny-state-law-requiring-employers-disclose-proposed-pay-rates-takes-effect/ Tue, 19 Sep 2023 13:00:45 +0000 https://www.benefitscanada.com/?p=143622 Job advertisements in New York will have to disclose proposed pay rates after a statewide salary transparency law went into effect on Sunday, part of growing state and city efforts to give women and people of colour a tool to advocate for equal pay for equal work. Employers with at least four workers will be required to disclose salary ranges for any job advertised externally to […]

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