Great Resignation – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 01 Nov 2024 19:12:49 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Canadian companies adopting ‘stay interviews’ as workers rethink careers, needs https://www.benefitscanada.com/human-resources/hr-communication/canadian-companies-adopting-stay-interviews-as-workers-rethink-careers-needs/ Tue, 30 May 2023 13:00:20 +0000 https://www.benefitscanada.com/?p=139019 When Tara Vanderloo’s employees are mulling leaving her enterprise software company, she wants to be one of the first people they tell — and to hear their unvarnished reasons why. “I know people get called by recruiters, so I’ve asked the question, ‘Who are you talking to or what type of organizations?'” says the chief […]

The post Canadian companies adopting ‘stay interviews’ as workers rethink careers, needs appeared first on Benefits Canada.com.

]]>
Employee turnover causes ripple effect, leads to more departures: study https://www.benefitscanada.com/news/bencan/employee-turnover-causes-ripple-effect-leads-to-more-departures-report/ Wed, 10 May 2023 13:00:26 +0000 https://www.benefitscanada.com/?p=137618 Employers vastly underestimate the impact of workers leaving an organization on the staff left behind, leading to even more turnover, according to a new study by the University of British Columbia. “The research sends a clear message to organizations that they should be extremely careful when they make exit decisions or they risk destabilizing the […]

The post Employee turnover causes ripple effect, leads to more departures: study appeared first on Benefits Canada.com.

]]>
Nearly all U.S. workers say it’s important for employers to provide a retirement savings plan: survey https://www.benefitscanada.com/pensions/retirement/nearly-all-u-s-workers-say-its-important-for-employers-to-provide-a-retirement-savings-plan-survey/ Thu, 23 Feb 2023 14:00:59 +0000 https://www.benefitscanada.com/?p=134313 Nearly all (98 per cent) U.S. employees believe it’s important for their employer to provide a retirement savings plan, according to a new survey by Vestwell Inc. The survey, which polled roughly 1,300 employees and 250 employers, found nearly three-quarters (72 per cent) of employees said they expect employers to offer a 401(k) or 403(b) […]

The post Nearly all U.S. workers say it’s important for employers to provide a retirement savings plan: survey appeared first on Benefits Canada.com.

]]>
Just 25% of employers offering semi-retirement arrangements: survey https://www.benefitscanada.com/pensions/retirement/just-25-of-employers-offering-semi-retirement-arrangements-survey/ Mon, 06 Feb 2023 20:00:13 +0000 https://www.benefitscanada.com/?p=133447 Despite an ongoing labour shortage, just a quarter (25 per cent) of Canadian employers offer semi-retirement arrangements, according to a new survey by the Harris Poll on behalf of Express Services Inc. Semi-retirement — or phased retirement — is a period of time during which a person stops working full time and begins working fewer hours. […]

The post Just 25% of employers offering semi-retirement arrangements: survey appeared first on Benefits Canada.com.

]]>
Employees who feel they don’t belong at work more likely to quit: survey https://www.benefitscanada.com/news/bencan/employees-who-feel-they-dont-belong-at-work-more-likely-to-quit-survey/ Thu, 19 Jan 2023 14:00:57 +0000 https://www.benefitscanada.com/?p=132787 Employees who feel like they don’t belong at their workplace are 59 per cent more likely to consider quitting their job due to mental-health concerns, according to a new survey by LifeSpeak Inc. The survey, which polled 1,000 employees and 1,000 human resources professionals, found nearly two-thirds (61 per cent) of employees who reported a […]

The post Employees who feel they don’t belong at work more likely to quit: survey appeared first on Benefits Canada.com.

]]>
Flexible workplaces a win-win for workers, employers: report https://www.benefitscanada.com/news/bencan/flexible-workplaces-a-win-win-for-workers-employers-report/ Mon, 09 Jan 2023 20:00:10 +0000 https://www.benefitscanada.com/?p=132227 Flexible schedules and shorter workweeks can lead to more productive, healthy and loyal workers, according to a new report on work-life balance by the United Nations’ International Labour Organization. It found that giving employees flexibility in terms of where and when they work can be win-win for both employees and employers. The U.N. agency said flexible […]

The post Flexible workplaces a win-win for workers, employers: report appeared first on Benefits Canada.com.

]]>
Expert panel: Employers embracing DEI to overcome labour shortages in 2023 https://www.benefitscanada.com/news/bencan/expert-panel-employers-embracing-dei-to-overcome-labour-shortages-in-2023/ Wed, 04 Jan 2023 14:00:29 +0000 https://www.benefitscanada.com/?p=132026 Amid an ongoing labour shortage, employers of all sizes and sectors are increasingly embracing diversity, equity and inclusion. A recent Statistics Canada report found, as baby boomers retire, immigration has been a driving force behind workforce growth. Meanwhile, younger workers are voting with their feet — no longer satisfied with performative DEI statements, they’re looking […]

The post Expert panel: Employers embracing DEI to overcome labour shortages in 2023 appeared first on Benefits Canada.com.

]]>
Survey finds half of Canadian employees are looking for a new job https://www.benefitscanada.com/news/bencan/survey-finds-half-of-canadian-employees-are-looking-for-a-new-job/ Fri, 16 Dec 2022 20:00:40 +0000 https://www.benefitscanada.com/?p=131524 Half (50 per cent) of Canadian employees say they’re currently looking for a new job or plan to begin their search in the first half of 2023, up from 31 per cent in June, according to a new survey by Robert Half Canada Inc. The survey, which polled more than 1,100 employees, found employees who’ve been […]

The post Survey finds half of Canadian employees are looking for a new job appeared first on Benefits Canada.com.

]]>
Hybrid work, four-day workweek shaping employee well-being: expert https://www.benefitscanada.com/benefits/health-wellness/hybrid-work-four-day-workweek-shaping-employee-well-being-expert/ Fri, 16 Dec 2022 14:00:24 +0000 https://www.benefitscanada.com/?p=131470 Hybrid work and the rise of the four-day workweek are among the factors shaping employers’ well-being and mental-health strategies in 2023, says Laura Putnam, founder of wellness consultancy Motion Infusion. “These trends point to not only a rise in the recognition of the importance of well-being at work, but there’s also a recognition that check-the-box […]

The post Hybrid work, four-day workweek shaping employee well-being: expert appeared first on Benefits Canada.com.

]]>
42% of Canadian employers expecting obstacles in recruiting, retaining skilled workers: report https://www.benefitscanada.com/news/bencan/42-of-canadian-employers-expecting-obstacles-in-recruiting-retaining-skilled-workers-report/ Tue, 06 Dec 2022 14:00:34 +0000 https://www.benefitscanada.com/?p=130737 Two-fifths (42 per cent) of Canadian employers say they anticipate obstacles related to recruiting and retaining skilled employees over the next three months, according to a new report by Statistics Canada. The report found more than half of employers in retail trade (53 per cent), construction (52 per cent), accommodation and food services (51 per […]

The post 42% of Canadian employers expecting obstacles in recruiting, retaining skilled workers: report appeared first on Benefits Canada.com.

]]>