gen X – 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 2024 Vancouver Benefits Summit: What are millennials, gen-Zers looking for in employee benefits packages? https://www.benefitscanada.com/events/conference-coverage/2024-vancouver-benefits-summit-what-are-millennials-gen-zers-looking-for-in-employee-benefits-packages/ Mon, 08 Jul 2024 11:53:32 +0000 https://www.benefitscanada.com/?p=157538 With millennials and generation Z employees representing roughly 75 per cent of the Canadian workforce, employers need to respond to the changing needs of these demographics, said Andrew Brandsma, director of sales for new business development at claims processing company National HealthClaim, during a session at Benefits Canada’s 2024 Vancouver Benefits Summit in May. Both […]

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Half of Canadians plan to search for new job in second half of 2024: survey https://www.benefitscanada.com/news/bencan/half-of-canadians-plan-to-search-for-new-job-in-second-half-of-2024-survey/ Thu, 04 Jul 2024 13:00:19 +0000 https://www.benefitscanada.com/?p=157717 Half (50 per cent) of Canadian employees say they’re planning to search for a new job in the second half of 2024, up from 41 per cent during the same period last year, according to a new survey by Robert Half Canada Inc. The survey, which polled 600 workers and more than 200 hiring managers, […]

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Rising cost of food, financial planning affecting Canadians’ stress levels at work: survey https://www.benefitscanada.com/benefits/health-wellness/rising-cost-of-food-financial-planning-affecting-canadians-stress-levels-at-work-survey/ Fri, 07 Jun 2024 19:00:44 +0000 https://www.benefitscanada.com/?p=156434 More than two-thirds (68 per cent) of Canadian employees say the rising cost of food and groceries is heavily affecting their stress levels during work hours, according to a new survey by ADP Canada Co. The survey, which polled more than 1,200 workers, found planning for major expenses (62 per cent) and the rising cost […]

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Survey finds 92% of U.S. employees seeking additional financial resources from employer https://www.benefitscanada.com/benefits/health-wellness/92-of-u-s-employees-seeking-additional-financial-resources-from-employer-survey/ Thu, 30 May 2024 19:00:37 +0000 https://www.benefitscanada.com/?p=156232 Nine in 10 (92 per cent) U.S. employees say they need additional financial resources in their employer-sponsored benefits plan, up from 79 per cent in 2022, according to a new survey by BCHR Holdings and Arthur J. Gallagher & Co. The survey, which polled more than 250 employers and roughly 700 employees, found one in […]

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63% of Americans worry more about running out of money than death: survey https://www.benefitscanada.com/pensions/retirement/63-of-americans-worry-more-about-running-out-of-money-than-death-survey/ Thu, 30 May 2024 13:00:49 +0000 https://www.benefitscanada.com/?p=156236 Nearly two-thirds (63 per cent) of Americans say they worry more about running out of money than death, up from 57 per cent in 2022, according to a new survey by the Allianz Life Insurance Co. of North America. The survey, which polled more than 1,000 employees with $150,000 investable assets, found generation X was […]

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How PepsiCo Canada’s savings program is helping employees achieve financial security at any stage in life https://www.benefitscanada.com/archives_/benefits-canada-archive/how-pepsico-canadas-savings-program-is-helping-employees-achieve-financial-security-at-any-stage-in-life/ Fri, 10 May 2024 12:58:17 +0000 https://www.benefitscanada.com/?p=155285 PepsiCo Canada is baking flexibility into its retirement savings benefits to support employees’ financial security amid the rising cost of living. To help employees reach their retirement savings goal, the food and beverage company is matching employees’ bonuses up to 3.5 per cent, with the employer contribution automatically directed into their defined contribution pension plan. […]

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Younger workers in the U.S. feeling less confident about their financial security: report https://www.benefitscanada.com/news/bencan/younger-workers-in-the-u-s-feeling-less-confident-about-their-financial-security-report/ Tue, 07 May 2024 19:00:22 +0000 https://www.benefitscanada.com/?p=155228 Younger workers in the U.S. are feeling less confident about their financial security compared to those from older generations, according to a report by LIMRA. The report found more millennials (55 per cent) and generation Z (44 per cent) workers were concerned about having enough money saved for a comfortable retirement, compared to generation X […]

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Younger employees expect a 10% raise if unable to work in a hybrid arrangement: survey https://www.benefitscanada.com/benefits/health-wellness/younger-employees-expect-a-10-raise-if-unable-to-work-in-a-hybrid-arrangement-survey/ Fri, 26 Apr 2024 19:00:41 +0000 https://www.benefitscanada.com/?p=154871 Generation Z and millennials say they’d expect a 10 per cent salary increase, on average, if they were unable to work in a hybrid working arrangement, according to a survey by IWG Canada.  The survey, which polled more than 1,000 Canadian adults who work in a flexible, hybrid environment, found an overwhelming majority of gen Z […]

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Canadians’ happiness with work-life balance, employer support increases in April: survey https://www.benefitscanada.com/benefits/health-wellness/canadians-happiness-with-work-life-balance-employer-support-increases-in-april-survey/ Thu, 25 Apr 2024 19:00:23 +0000 https://www.benefitscanada.com/?p=154625 Canadians’ happiness in the workplace increased to 6.8 points out of 10 in April, up slightly from 6.6 in March, according to a new survey by ADP Canada Co. The survey, which polled 1,200 Canadian workers, found nearly half (47 per cent) said they feel satisfied in their current roles and responsibilities, with respondents continuing to […]

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Survey finds 74% of Canadians aged 24 to 44 view conventional retirement approach as outdated https://www.benefitscanada.com/pensions/retirement/survey-finds-74-of-canadians-aged-24-to-44-view-conventional-retirement-approach-as-outdated/ Thu, 18 Apr 2024 19:00:12 +0000 https://www.benefitscanada.com/?p=154416 Three-quarters (74 per cent) of Canadians aged 24 to 44 say the conventional approach to retirement — halting work at age 65 to enjoy a life of leisure — is an outdated concept, according to a new survey by Leger on behalf of Wealthsimple. The survey, which polled more than 1,500 Canadians, found roughly 60 […]

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