In preparing for retirement, women have to contend with the salary gap, barriers to career continuity and more limited access to employer-sponsored pension plans, making them more stressed about their financial futures than men, according to a recent report by Invesco Canada Ltd. The report set out three key ways employers can engage on this issue. […]
The Pensions Policy Institute and U.K. consumer advocacy group Which? are teaming up to recommend to the U.K. government that working mothers should receive a top-up to their pensions in an effort to close the pension gender gap. The groups’ analysis found a woman in the U.K. who took time off for childcare responsibilities would put an average […]
Whose jobs are put most at risk by artificial intelligence and automation? Common wisdom says it’s men, particularly blue collar men whose jobs are primarily manual labour, such as factory workers put at risk by robotics or truck drivers put at risk by the advance of driverless cars. However, the truth is more complicated. Many […]
Today’s corporate culture of always being on and available has led to higher levels of work-life conflict where men are struggling to balance their new roles in society, according to a study by Deloitte’s Doblin human-centred design and human capital consulting practices. According to the study, men are now facing backlash when stepping outside traditional […]
Canadian employers may need to re-evaluate how they think about job classes and compensation when the federal pay equity legislation comes into effect. The new legislation, which was announced in October 2018, has strict requirements for how employers measure a job’s worth to the organization for the purpose of compensation. Some workplaces may not be […]
Canada’s gender pay gap is at 16.1 per cent, with women earning roughly $0.84 for every dollar earned by men, according to a new survey by Glassdoor Inc. The study, which looked at the wages earned by men and women in eight countries, found when statistical controls are applied for employee and job characteristics — including age, […]
Canadian men earn an average annual salary of $66,504, 25 per cent more than the reported average of $49,721 for women, according to a new survey by Leger Research. It found the gap widens when additional compensation, such as bonuses and profit-sharing plans, are factored in. In this case, annual earnings averaged $5,823 for men and $3,912 for […]
Women in Canadian tech jobs, with a bachelor’s degree or higher, earn nearly $20,000 less a year than their male counterparts — and that pay gap can be just as stark for visible minority and Indigenous tech workers, a new study says. The Brookfield Institute for Innovation and Entrepreneurship, housed within Ryerson University in Toronto, crunched […]
Despite efforts to diversify corporate boards and include more women, female executives are still a rarity and earn much less than their male counterparts, according to a new report from the Canadian Centre for Policy Alternatives. It found only four per cent of chief executive officers in Canada are women and they make up just 10 […]
While Canadians aged 18 to 34 are the most likely age group to believe their standard of living will increase in retirement, they’re also the least likely to have started saving for it, according to a study by the Ontario Securities Commission. The study, which polled 2,259 Canadians aged 18 and older, found 39 per cent of all […]