More than half (51 per cent) of U.S. workers say there’s a gender pay gap in their workplaces, up 121 per cent since 2019, according to a new survey by software company Beqom. The survey, which polled 1,000 U.S. employees and 1,000 U.K. employees, found roughly a third of U.S. (35 per cent) and U.K. (31 […]
Women have powered a recent shift toward higher-paying and higher-skilled jobs, but a pay gap will persist until they cease being outnumbered by men in senior management positions, according to a new report by the Royal Bank of Canada. Canada’s labour market saw nearly 200,000 women stream into jobs involving less in-person contact and often […]
An article on the the latest investments by Canadian institutional investment organizations was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Ontario Teachers’ backing auto insurance merger, pension plans leap on new BMO equity 2. 75% of employers expecting hiring challenges in 2023: survey 3. Expert […]
Last October, Ontario’s pay equity office reported Canadian women received an average of 18 per cent less retirement income than men in 2020, which is three per cent higher than the gap observed in 1976, the earliest year for which data is available. How has progress moved backwards in the past 44 years, even though women are […]
Women, people of colour and immigrants in Canada’s technology sector saw employment and pay inequities persist — and in some cases, worsen — between 2001 and 2016, with women increasingly excluded from tech work throughout that period, according to a new report from the Brookfield Institute for Innovation + Entrepreneurship at Toronto Metropolitan University. “It’s infuriating […]
Two-fifths (41 per cent) of U.S. women say they expect to retire at age 70 or older or don’t plan to retire at all, according to a survey by the Harris Poll on behalf of the Transamerica Center for Retirement Studies. Among women who plan to work past age 65 or who don’t plan to retire, […]
Canadian women are retiring with 78 per cent of the wealth accumulated by Canadian men, slightly better than the global average of 74 per cent, according to a new report by WTW. In North America, it found pay gaps and delayed career progression are the primary drivers of the wealth disparity between men and women, […]
Canada’s gender pension gap is growing as Canadian women received an average of 18 per cent less retirement income than men in 2020, according to a report by Ontario’s pay equity office. It found the gap is more pronounced among women in visible minority groups (37 per cent), among sources of private retirement income (28 per […]
While nearly three-quarters of U.S. executives (74 per cent) and workers (71 per cent) agree pay equity is a top priority, employees say there’s more work to be done on the issue, according to a new survey by the Harvard Business Review and human resources consultancy UKG. The survey, which polled more than 3,000 employees […]
While we speak regularly with outstanding women in the human resources, benefits, pension and investment industries, our annual Women’s Issue allows us to take a broader view, including how these women’s careers have evolved, their perspectives on mentorship and work-life balance, as well as their thoughts about pay equity and gender diversity. When I wrote […]