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 […]
Only a quarter (24 per cent) of Canadian employees say their employer offers seasonal perks during the summer, according to a new survey by ADP Canada Co. The survey, which polled more than 1,200 workers, found the most common summer benefits include flexible summer hours (48 per cent), reduced work hours (39 per cent), casual dress […]
Nearly two-thirds (60 per cent) of U.S. employees currently use or have previously used virtual care as part of their health-care experience, according to a new report by Cigna Healthcare. It found 70 per cent of U.S. adults were likely to use digital health tools in the future and roughly three-quarters believe the tools would […]
Seven in 10 U.S. workers between the ages of 40 and 80 with at least $100,000 in investable assets say they’d be “very” or “somewhat” likely to select an in-plan annuity option if it were available within their employer-sponsored retirement savings plan, according to a new report by LIMRA. It also found younger plan participants […]
Nearly two-thirds (64 per cent) of Americans say they wish they’d started saving for retirement when they were younger than age 25, according to a new survey by Voya Financial Inc. The survey, which polled more than 1,000 Americans adults, found more than half said they started saving for retirement when they were between ages 18 […]
Generation Z workers may be feeling more disconnected or isolated due to the effects of remote work, but employers can help by providing opportunities for connectivity, says Alexandra Duba, people experience advisor at Xero Ltd. “It has so much to do with how the [coronavirus] pandemic impacted in-person connection, as well as the impact technology […]
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 […]