While employees’ overall view of their employer’s workplace mental-health efforts are on the rise, workers were 49 per cent less likely to say their employer made significant positive changes to support mental health in 2023 compared to 2022, according to a new report by LifeSpeak Inc. and Lighthouse Research & Advisory. The report, which consisted […]
An article on the new agreement between Ford of Canada and Unifor was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Ford, Unifor agreement includes significant DC pension improvements, transition to DB plan 2. Alberta deserves more than half CPP assets if it exits program: report […]
Canada’s life and health insurers paid out a record $114 billion in health and retirement benefits last year, up $11 billion since before the coronavirus pandemic and up 60 per cent from a decade ago, according to the Canadian Life and Health Insurance Association’s annual fact book. “During a year when many households faced higher […]
Canada’s most recent census found there are 59,460 Canadians aged 15 or older who identify as transgender and 41,355 who identified as non-binary. However, these individuals disproportionately experience egregious discrimination and are most at risk of violence — sexual assault, in particular — than their cisgender counterparts. A lack of support and action by employers to […]
Plan members with a workplace wellness culture are much more likely (89 per cent) to be satisfied with their jobs compared to those without one (59 per cent), according to the 2023 Benefits Canada Healthcare Survey. It found plan members with a workplace wellness culture were also more satisfied with their health benefits plan (81 per cent […]
Three-quarters (73 per cent) of benefits plan members agree — 22 per cent strongly — their workplace environment supports mental wellness, according to the 2023 Benefits Canada Healthcare Survey. It found this percentage increased to 86 per cent among plan members who also reported a workplace wellness culture, compared to just 30 per cent for those without […]
While nearly three-quarters (72 per cent) of health benefits plan sponsors agree their work environment supports musculoskeletal health, two-thirds (65 per cent) of plan members say their work environment contributes to aches and pains, according to the 2023 Benefits Canada Healthcare Survey. It found when plan sponsors were provided with details about the impact of […]
Just four in 10 (43 per cent) U.S. employees say their company supports them with resources to better manage and improve their well-being, down from 53 per cent in 2022, according to a new survey by human resources consultancy Alight Solutions. The survey, which polled more than 2,000 employees, found fewer than half rated their mental/emotional […]
More than 5,600 Ford of Canada workers have voted in favour of ratifying a three-year collective agreement that includes improvements to the defined contribution and defined benefit pension plans. The agreement “fundamentally transforms pension plans,” said Lana Payne, Unifor national president, in a press release. Under the agreement, the DB plan’s basic monthly benefit rate […]
Three-fifths (60 per cent) of benefits plan sponsors say the costs of their health benefits plan increased in the past three years, according to the 2023 Benefits Canada Healthcare Survey. It found this percentage decreased from 66 per cent when the question was last asked in 2016 and was unchanged from 2015 (60 per cent). […]