More than two-thirds (71 per cent) of small- and mid-sized U.S. employers said offering more employee benefits helps improve retention, while 70 per cent said benefits help with recruitment efforts, according to a new survey by Principal Financial Services Inc. The survey, which polled more than 1,000 employers, found two-thirds (67 per cent) said employee […]
Half (50 per cent) of Canadian workers are now more likely to prioritize their health and well-being over work, compared to a global average of 53 per cent, according to a new survey by Microsoft Corp. The survey, which polled more than 31,000 full-time employed or self-employed workers across 31 countries, found 37 per cent […]
More than a quarter (29 per cent) of Canadian employers say employee health and well-being is a top risk for companies, according to a new report by Aviva Canada Inc. The report, which analyzed responses from roughly 1,500 Canadian business leaders across a range of small and medium-sized enterprises and Canadian-headquartered multinational corporations, found employee […]
Molson Coors Beverage Co. is offering gender affirmation coverage to its Canadian employees as part of a wider effort to address and enhance diversity, equity and inclusion at the company. “We have a commitment to diversity, equity and inclusion and one of our key values is putting people first — this was just another step […]
Lululemon Athletica Inc. is offering mental-health first-aid training to all employees, with a goal of training all of its workers by 2023. While the training isn’t mandatory, more than 300 employees have already completed the program, said Angela Wright, vice-president of health and wealth and organization planning at Lululemon, in an emailed statement to Benefits Canada. […]
A pair of stories on employee burnout and the ‘Great Resignation’ took the top spots over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. Expert panel: How employers can help employees struggling with burnout 2. How can employers turn the ‘Great Resignation’ tide? 3. Employers expanding equity compensation programs to […]
A retirement community operator is allowing employees to access their pay at any time as part of a wider financial wellness strategy. In May, Seasons Retirement Communities is incorporating a new app into its payroll system, which allows employees to receive up to 50 per cent of their daily pay instantly. Jessica Poling, senior director […]
Employers have been dealing with multiple crises lately, from the coronavirus pandemic to high levels of burnout among their employees and many Canadians considering leaving their current job. Despite these challenges, several strategies can help employers turn the “Great Resignation” tide, says Allison Griffiths, a principal at Mercer Canada. “Obviously, the factors driving the ‘Great Resignation’ are […]
Almost half (46 per cent) of employers say their organizations currently lack clear benefits, recognition and rewards strategies, according to a new survey by Arthur J. Gallagher & Co. The survey — which polled more than 1,300 employers globally, including almost 600 in North America and around 100 in Canada — found, while 54 per cent said they […]
Thomson Reuters Corp. is providing employees with additional flexibility and paid leave to further support well-being and work-life balance. The media company is allowing employees to work from anywhere within their country of residence for up to eight weeks. In addition, employees can now take up to 10 paid days of caregiver leave, while bereavement […]