Half (51 per cent) of Canadian employees say they’re behind in their retirement savings and 34 per cent are worried about not having enough money saved when they retire, according to a new survey by Manulife Financial Corp. The survey, which polled more than 1,500 employees and more than 500 retirees, found generation X (35 […]
An article on how ‘carewashing’ can negatively impact employers’ well-being strategies was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. How employers can avoid ‘carewashing’ their employee well-being strategy 2. Senate passes pharmacare legislation without amendments 3. Investment funds targeting domestic assets […]
While 55 per cent of Canadian workers say their ability to save money remained unchanged during the summer months, 32 per cent indicated they saved less than anticipated over that period, according to a new survey by ADP Canada Co. The survey, which polled more than 1,200 workers, found more than half (56 per cent) […]
Young workers can face unique challenges when entering the workforce or starting a new job and it’s up to employers to help ease that transition, says Ashley Sardjoe, head of people and organization at Novartis Canada. “We have robust onboarding programs in place to support younger workers. I think the biggest challenge we see is […]
Nearly two-fifths (38 per cent) of Canadians say they’ve felt stressed to the point where it had an impact on their daily life at least once, according to a new survey by Ipsos that was released ahead of World Mental Health Day. The global survey, which polled more than 24,000 people in 31 countries, found […]
Eight in 10 generation Z employees say employers have a responsibility to support the psychological (83 per cent) and physical (81 per cent) well-being of workers, according to a new survey by Top Employers Institute. The survey, which polled more than 2,300 global employers and more than 1,700 gen Z employees, found 82 per cent […]
While the recent pullback from diversity, equity and inclusion policies by several large employers may be concerning to some employees, it also provides companies with an opportunity to re-examine their definition of DEI. “I think some [employers] perceive that [DEI] is about lowering the bar or checking a box and not hiring the most qualified […]
With flu season around the corner, it’s important for employers to communicate that it’s acceptable to take sick days and prioritize well-being so employees don’t feel guilty taking time off, says Jodi Kovitz, chief executive officer of the Human Resources Professional Association. “It really is on leaders to encourage people to take sick days because it’s […]
Half (50 per cent) of U.S. employees say they’d consider looking for a new job if their employer reduced remote and hybrid work flexibility, a percentage that increases to 61 per cent among generation Z workers, according to a new survey by Eagle Hill Consulting. The survey, which polled more than 1,400 employees, found 67 […]
The average amount that U.S. adults have saved for retirement dropped slightly from US$89,300 in 2023 to $88,400 in 2024 and more than $10,000 from its five-year peak of $98,800 in 2021, according to a new survey by Northwestern Mutual Life Insurance Co. The survey, which polled more than 4,500 U.S. adults aged 18 or older, found a third […]