An article on Saskatchewan’s Public Employees Benefits Agency transition to a not-for-profit corporation was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Saskatchewan’s pension and benefits administrator transitioning to not-for-profit model 2. University Pension Plan’s assets declined 9.1% in 2022, led by public equities 3. Survey […]
U.S. employers are increasing their family and caregiving benefits in 2023, according to a new survey by the Society for Human Resource Management. The survey, which polled more than 4,000 employers, found a quarter (25 per cent) said they cover infertility treatments and in vitro fertilization, while five per cent cover egg freezing for non-medical […]
Benefits Canada is extending the deadline for entering the 2023 Workplace Benefits Awards to Friday, July 7 at 5 p.m. EST. The original industry awards program has been recognizing employers and plan sponsors for more than 20 years, highlighting their innovative approaches to supporting the mental, physical and financial well-being of their employees. Enter the 2023 Workplace Benefits […]
Specialty drugs are accounting for a slightly smaller portion of the total eligible amount for all drug claims, declining from 33.6 per cent in 2021 to 33.1 per cent in 2022, according to Telus Health’s annual drug trends report. The report, based on claims data from more than 4.6 million plan members in 2022, found the […]
More than two-thirds (70 per cent) of global employers say they’re seeing a return on investment from their employee well-being programs, up significantly from 23 per cent in 2018, according to a new survey by research firm YouGov on behalf of Virgin Group Ltd. The survey, which polled more than 600 employers, found two-thirds said […]
Sixty per cent of Canadian employees say they’d consider leaving their jobs for a role that offers more inclusive benefits, according to a new survey by Medavie Blue Cross. The survey, which polled 1,000 employees and 500 employers in Ontario, Quebec and Atlantic Canada, also found employees want to work for an organization that supports […]
An article on seven questions that employers should ask as the coronavirus pandemic moves into an endemic phase was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Expert panel: Seven important questions as pandemic moves into endemic phase 2. Just 14% of U.S. women say […]
The union representing 89 employees at the University of Toronto has ratified a two-year agreement that includes retirement and benefits gains, including gender affirmation coverage. The agreement includes six retiring allowance packages equivalent to two months of base wages for employees who qualify for an unreduced pension in accordance with the University Pension Plan’s provisions. […]
More than a third (38 per cent) of U.S. employees say benefits are the No. 1 reason they’ve stayed with their current employer, followed by pay (35 per cent) and job security (24 per cent), according to a new survey by Grant Thornton International. The survey, which polled more than 5,000 full-time employees, also found three-quarters (74 […]
In three short years, the relationship between Canadian employers and employees has changed dramatically as a result of the coronavirus pandemic’s impact on health, finances and overall sense of security. While there’s a lot of talk about the world settling into a new normal in 2023, it’s not clear what that will look like. The […]