Scotiabank is supporting employee well-being and workplace inclusivity by aligning benefits offerings across its global markets. Employees in the majority of countries where Scotiabank operates will see their benefits aligned with the bank’s global inclusive standard within the next five years, towards a goal of aligning benefits in all markets by the end of 2030. […]
The annual Benefits & Pension Summit, which was hosted virtually on June 1, is the only Benefits Canada event that brings together health benefits and capital accumulation plans in one event. This year, delegates heard the results of Benefits Canada‘s exclusive CAP Member Survey with a panel of experts discussing the findings, case studies from two leading […]
TD Bank Group credits its culture of care for the recent enhancements to its benefits plan. “We place a great amount of emphasis and focus on this, which is a key element of our [employee] promise,” said Susy Michor, the bank’s vice-president of human resources, global retirement benefits and well-being, during Benefits Canada’s 2023 Benefits […]
Since 2016, millennials have made up a larger share of the working population than baby boomers — and today, one in three Canadians of working age is a millennial, according to Charmaine Alexander, senior advisor in disability management at Desjardins Insurance, speaking during Benefits Canada’s 2023 Benefits & Pension Summit in June. A recent survey […]
Three main drug categories — diabetes, asthma and stimulants for attention deficit hyperactivity disorder — accounted for rising drug claims in 2022, according to Lavina Viegas, Telus Health’s director of client account management, speaking during Benefits Canada‘s 2023 Benefits & Pension Summit in June. Referring to Telus Health’s 2023 drug plan trends report, she said […]
An article on Toyota Motor Manufacturing Canada’s gender affirmation coverage was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Toyota Motor Manufacturing Canada providing employees, dependants with $10K in gender affirmation coverage 2. 38% of Canadian workers don’t feel supported by their employer: survey 3. Changes […]
Toyota Motor Manufacturing Canada Inc. is providing employees and their dependants with $10,000 in lifetime gender affirmation coverage. The additional coverage complements existing benefits that support transitioning employees, including prescription drug coverage for hormone therapy, mental-health coverage, disability insurance and medical leaves for employees who are recovering from surgeries. The new coverage is also extended to […]
Nearly two-fifths (38 per cent) of Canadian workers say they don’t feel — or have never felt — supported by their employer, according to Telus Health’s latest mental-health index. The survey, which polled more than 3,000 employees, found the average mental-health score for Canadian workers was 64.6, unchanged from April. Among respondents who said they […]
With the 2023 Workplace Benefits Awards’ nomination process soon drawing to a close, Benefits Canada is pleased to announce this year’s panel of judges. The deadline for this year’s awards is Fri., July 7, at which time the awards entries will be turned over to the hands of several industry experts. Read: Who are the winners […]
As employers continue to ramp up their focus on diversity, equity and inclusion, Benefits Canada is returning with its sophomore DEI issue. In my editorial at the front of last year’s June issue, I highlighted the overdue and rising attention on DEI in the workplace, but also pointed out the importance of going beyond ideas […]