This summer, KPMG in Canada is helping staff refresh and recharge by making every weekend a long weekend. As the country prepares to enter the third year of the coronavirus pandemic, the professional services firm is giving employees in Canada seven additional paid days off in July and August that will fall on weekends that […]
Canadian Forest Products Ltd.’s new financial wellness program may have originated as the brainchild of its defined contribution pension plan committee, but it’s just as applicable to its defined benefit plan members — and the organization chose to roll it out for all employees. When you have broad financial wellness topics, it’s fine, but when […]
Almost half (44 per cent) of Canadians agreed the coronavirus pandemic has negatively impacted their ability to save for retirement and, as a result, 31 per cent have changed their financial priorities, according to a new survey by Edward D. Jones & Co. The survey, which polled more than 1,500 adult Canadians, also found 33 […]
Alberta’s nurses have a new collective bargaining agreement, which includes more mental-health support as the coronavirus pandemic drags on. In addition to more psychological and mental-health supports, the deal includes the creation of a union-employer workload advisory committee, $5 million a year toward recruitment and retention strategies in rural and remote areas and $2.5 million a […]
Uber Technologies Inc. has signed an agreement with a private sector union that will provide representation to Canadian drivers and couriers, but doesn’t unionize workers. Through this agreement, Uber will prioritize new benefits and protections for drivers and delivery people, as well as enhancing their flexibility to work if, when and where they want, according […]
As Canadian employees face rising inflation and interest rates, C.F. Crozier & Associates Inc. is helping ease employees’ financial worries by offering benefits that appeal to staff at every stage of their lives. The time employees spend at work is just one stop along their personal and professional growth journey, says Nick Mocan, president of Crozier. […]
The union representing employees at a Loblaw Co. Ltd. distribution centre in Ajax, Ont. has ratified a new four-year contract that will increase employer contributions to a group registered retirement savings plan. For workers with five or more years of service, the employer’s RRSP contribution match will increase to five per cent from 3.5 per […]
The Association of Canadian Pension Management is once again calling on the Ontario government to modernize the Employment Standards Act and the Pension Benefits Act to allow for automatic enrolment and escalation features in capital accumulation plans. In a letter sent to the ministry of labour on Nov. 30, 2021, the ACPM noted the changes […]
A majority of Canadian employers believe providing workplace retirement savings plans can improve employee attraction and retention, according to a survey by Maru Group Ltd. on behalf of the Healthcare of Ontario Pension Plan. The survey, which polled 800 Canadian employers, found 88 per cent of those that offer a defined benefit pension plan said […]
Nearly half (44 per cent) of employers that offer retirement benefits said employee productivity has been better than normal over the past year, compared to 29 per cent of employers that don’t offer retirement benefits, according to a survey by Maru Group Ltd. on behalf of the Healthcare of Ontario Pension Plan. The survey, which […]