The union representing 120 employees working across Canada for U.S. telecommunications company Zayo Group has ratified a four-year collective agreement that includes pension and benefits gains. Unifor Local 2000A was able to protect and maintain the company’s defined benefit pension plan; however, the employee contribution will increase from three per cent to 4.5 per cent. […]
A new generation of glucagon-like peptide-1 drugs approved for the treatment of obesity will soon be available in Canada, presenting an opportunity for plan sponsors to meet members’ health and wellness needs. It’s important for employers to consider meeting with their insurer now to find out how the rollout of these drugs will affect their […]
Nearly half (47 per cent) of Canadian employees say they’re interested in improving their well-being and plan on using workplace benefits to do so, according to a new report commissioned by Dialogue Health Technologies Inc. and conducted by Canadian market research firm Environics Research. The report, which analyzed multiple surveys polling more than 1,000 Canadian employees […]
Nearly half of Canadian women employees say they’re dissatisfied with their organizations’ support during maternity leave, according to a survey by Maturn. The survey, which polled more than 1,000 women, found two-fifths (39 per cent) didn’t receive a top up. Among the 59 per cent who said they received some form of paid leave, the benefits […]
Nearly a quarter (21 per cent) of Canadian employees say they don’t perceive their workplace as supportive, according to Telus Health’s latest mental-health index. The survey, which polled 3,000 Canadians, found the average mental-health score among those who don’t view their workplace as supportive was 19 points lower than those who said the opposite. Indeed, 45 […]
More than two-thirds (69 per cent) of employees say their mental health has stayed the same or worsened in the past year, according to a new survey by Calm.com Inc. The survey polled more than 150 employers and more than 4,000 workers in the U.S., U.K., Germany and India. It also analyzed usage patterns of more […]
The Canadian Life and Health Insurance Association has released a critical illness insurance guide to help Canadians better understand the benefits of critical illness insurance and how it works. Critical illness insurance is less well known than other types of insurance, so the guide helps to fill in the blanks for Canadians who may have […]
An article on how a shorter workweek can support higher levels of employee health and happiness was the most-read story on BenefitsCanada.com. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. Four-day workweek improves employee well-being, retention: expert 2. Report finds women taking 69% of all mental-health leaves of […]
Hub International Ltd. is acquiring London, Ont.-based Zavitz Insurance & Wealth Inc. Zavitz Insurance provides group employee benefits, living benefits, life insurance services and financial and retirement planning. The organization is the latest acquisition by Hub over the last few years. Read: Hub International acquiring Oakville, Ont.-based Mitchell Sandham Last month, Hub acquired Oakville, Ont.-based Mitchell […]
With 2024 well underway, it’s important for employers to adapt their strategies in the ever-evolving landscape of employee benefits. Employee expectations continue to evolve and the emphasis on mental health, well-being and personalized benefits continues to grow, requiring plan sponsors to balance innovation with keeping costs in check during uncertain economic conditions. Read: How family-building […]