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 […]
Fewer U.S. workers are leaving their jobs, with roughly two-fifths citing improved work-life balance (44 per cent), interesting work (41 per cent) and financial stability (38 per cent) as their top reasons for staying with their current employer, according to a new survey by software company Ringover. The survey, which polled more than 1,000 workers, […]
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 […]
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 […]
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aged 24 to 44 say the conventional approach to retirement — halting work at age 65 to enjoy a life of leisure — is an outdated concept, according to a new survey by Leger on behalf of Wealthsimple.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 […]
Two-fifths (41 per cent) of pet owners say they’d be willing to take a pay cut in order to work in a pet-friendly environment, according to a new survey by OnePoll on behalf of Vetster. The survey, which polled 1,800 employed pet owners, found 60 per cent were willing to seek new employment if their pet […]
While the coronavirus pandemic may be in the rearview mirror for most employers, the Ontario-based Workplace Safety and Insurance Board knows all too well that the shadow pandemic that emerged from the health crisis is still impacting employees in the workplace. At a time when some employers are considering cutting back on mental-health benefits, the […]
Employer-sponsored retirement plans that offer matching contributions can help younger workers retire earlier and with more money, according to a new report by Mercer Canada. The report based its findings on a sample worker aged 30 earning $70,000 and with $30,000 of personal debt, using five per cent of their income to either pay down […]
More than half (57 per cent) of Canadian employees say they’d feel happier in the workplace if they got a raise, according to a new survey by ADP Canada Co. The survey, which polled more than 1,200 employees, found roughly a third said a bonus would make them happier (35 per cent) or more vacation […]
Employers can support a multigenerational workforce by understanding each generations’ needs and offering flexibility and empathetic leadership, says Darryl Wright, a partner at Ernst & Young Canada. An October 2023 survey by EY found a quarter of Canadian employees were likely to quit their job in the next 12 months, with generation Z and millennials […]