Young Canadians are increasingly planning their financial futures as the world faces down a second year of the coronavirus pandemic, according to a new survey by Sun Life Financial Inc. It found that 89 per cent of generation Z (ages 18 to 23) and 80 per cent of millennials (ages 24 to 39) are saving […]
Since the World Health Organization declared a global pandemic almost 11 months ago, the resulting economic uncertainty as the coronavirus crisis drags on has resulted in some employees finding it increasingly difficult to save for the future, according to a recent survey. The survey by Ipsos for Toronto Dominion Bank revealed one quarter (25 per […]
Canadian employees are seeing significant workplace shifts amid the ongoing coronavirus pandemic, according to a new report by payroll and benefits company Humi. It found employees took 40 per cent less vacation time in 2020 compared to 2019. Meanwhile, the number of sick day requests was “drastically higher” in the months leading up to the […]
In considering changes to its retirement savings programs, Rogers Communications Inc. is generally focused on three main internal and external factors: regulatory changes, employee feedback and demographics. “As we see the millennial and gen Z workforce grow quite a bit, we’re really trying to understand what that’s going to do to our plans in terms […]
Despite the coronavirus pandemic’s severe and disproportionate impact on the health of aging adults, older Canadians say they’re coping far better than younger demographics, according to a new study by Edward D. Jones & Co. in partnership with Age Wave, a U.S.-based think tank focused on issues relating to aging populations. The study, which included […]
Private equity firms appear to be having a tough time attracting younger talent to their teams and an even tougher time getting that talent to stick around, according to EY’s 2020 global private equity survey report. More than half (60 per cent) of those surveyed by EY said they experience some difficulty in attracting employees […]
Younger generations are more likely to expect their employers to provide training and development programs, according to a new survey by getAbstract. Almost all (93 per cent) survey respondents across generational cohorts said it was at least somewhat important for employers to provide these opportunities. But 84 per cent of generation Z employees and 74 […]
More than half (54 per cent) of global generation Z employees ranked pay as the most important consideration when applying for their first full-time job, according to a new survey by the Workforce Institute at Kronos Inc. and Future Workplace. The survey, which polled 3,400 gen Zers in Australia, Belgium, Canada, China, France, Germany, India, Mexico, the Netherlands, New […]
The recent federal election highlighted interest in climate change, as well as the potential impacts on communities and the population, with the issue No. 1 or 2 in priority for most voters. Climate change is one of a broader set of environmental, social and governance issues percolating through the investment world right now. ESG, or […]
With cohorts in the workforce behaving differently as they prepare for retirement, it’s important for plan sponsors to consider these differences along gender and generational lines. At Benefits Canada’s 2019 Defined Contribution Investment Forum in Toronto on Sept. 27, Jean Young, senior research associate at the Vanguard Center for Investor Research, shared a survey that […]