The modern economy is highly uncertain, with inflation and rising interest rates cutting into bottom lines everywhere. Employers are nervous as the cost of capital and the cost of their inputs seems to rise every day. But employees are nervous, too. And since no one knows when inflation will end, it’s difficult for anyone to […]
After living through a prolonged global pandemic, Canadian benefits plan sponsors are facing a professional environment that’s almost unrecognizable to pre-2020 years. The coronavirus pandemic affected employees at a personal level and is also being felt by employers and their workplace benefits plans, said Jason Kennedy, general manager of virtual pharmacy for TELUS Health, during […]
According to conservative estimates, 100,000 Canadians may suffer from hypertrophic cardiomyopathy with an estimated prevalence of about one in every 200 to 500 individuals, said Dr. Bobby Heydari, a cardiologist and associate professor of medicine at the University of Calgary, during a webinar hosted by Benefits Canada and sponsored by the Bristol-Myers Squibb Co. Patients’ mean […]
Benefits Canada is pleased to announce the finalists of the 2022 Workplace Benefits Awards. This year’s awards program welcomed 115 entries across 11 categories, all highlighting how Canada’s leading employers are supporting their employees’ physical, mental and financial well-being. The winners will be announced on Tues., Oct. 18 in Toronto at the 2022 Healthy Outcomes Conference, an in-person event intended for employers […]
Telus Corp. has completed its previously announced acquisition of LifeWorks Inc. With the completion of the $2.9 billion transaction, LifeWorks has become a wholly owned subsidiary of Telus and will be integrated into Telus Health, according to a press release. Read: Telus acquiring LifeWorks for $2.9 billion “We are excited to be joining the Telus Health […]
With another return to school looming during the coronavirus pandemic, working parents and their families likely feel some concern over how to manage the transition and how it might impact their mental health. About a quarter (27 per cent) of working parents said their dependent children are experiencing anxiety about the future due to the […]
Rothmans, Benson & Hedges Inc. is highlighting its focus on employee well-being, diversity, equity and inclusion in its annual sustainability report. The report shares the company’s vision and strategies across four pillars including ‘Caring for People.’ For example, after quarterly employee surveys on a wide variety of topics, RBH measures and shares the feedback to […]
Ontario’s school support staff are moving toward a strike vote starting Sept. 23 over extended benefits, short-term disability leave and wage increases, among other requests by the workers’ union the Canadian Union of Public Employees. In its initial proposal, the CUPE is asking the government to provide additional funds to cover the increasing costs of […]
Nasdaq Inc. is appointing Bronwyn Ott as global head of well-being and benefits strategy. For the past three years, Ott was the senior vice-president of human resources at CloudMD. Previously, she was benefits, well-being, equity, diversity and inclusion leader at Unilever Canada; senior manager of benefits and global wellness strategy at Scotiabank; healthy workplace specialist […]
Average benefits costs for U.S. employers will increase 6.5 per cent — or more than $13,800 per employee — in 2023, according to a new report by Aon. This projection is more than double the three per cent increase to health-care budgets from 2021 to 2022, but below the 9.1 inflation figure reported through the consumer price […]