3M Canada’s long-term focus on helping employees “refresh, re-energize and feel well” secured the company a win at Benefits Canada’s 2021 Workplace Benefits Awards on Oct. 14. The manufacturing company won in the Health/wellness program category for an employer with more than 1,000 employees for its ever-evolving comprehensive wellness program, called Empowering Healthy Living, that focuses on […]
A Toronto-based seafood market is using its benefits and compensation offerings to engage employees in an industry hit particularly hard by the coronavirus pandemic. David Owen, owner of De La Mer, recently introduced a profit-sharing plan and health benefits for employees of his four stores. While the pandemic delayed the launch of these programs by […]
Employers in the U.S. expect health benefits costs to rise 4.7 per cent on average in 2022 compared to 2021, according to a new survey from Mercer. The survey, based on more than 1,500 employer responses, found fewer employers than usual (38 per cent) are using cost-savings measures — such as raising deductibles or co-pays […]
Benefits Canada is thrilled to announce the winners of the 2021 Workplace Benefits Awards. At a virtual roundtable and awards ceremony on Thursday, 23 finalists gathered to discuss their leading benefits and pension strategies, followed by winner announcements across 10 categories. All of the finalists represent benefits and pension plans covering nearly 300,000 Canadians. These employers are proactively and passionately aiming to […]
A look at a survey finding employees are prioritizing workplace benefits plans amid an increasingly competitive job market took the top spot as the most-read story over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. Canadian employees prioritizing benefits programs over pay: survey 2. Survey finds cost of […]
With the Delta variant leading the coronavirus pandemic in a renewed surge, employers continue to have a surplus of challenges, regardless of whether or not they’re planning a return to the workplace. I discussed this latter challenge in my Editorial last month, but at the risk of heaping on more doom and gloom, it may […]
As innovative medicines become more widely covered in workplace drug plans, employers are tasked with finding new ways to control costs while ensuring members receive the best value. “Obviously, this is good because such offers provide more treatments for employees and their families that can help get them back to the workplace sooner rather than […]
Employer-provided medical benefits costs in Canada will rise seven per cent in 2022, according to a new survey by Aon. The annual global medical trend rates survey found the expected increase for Canadian employer-sponsored medical plan costs is due to a combination of higher costs for dental care, paramedical expenses and prescription drugs. It was conducted […]
Employees are prioritizing workplace benefits plans amid an increasingly competitive job market, according to a new Ipsos survey for RBC Insurance Inc. The survey, conducted among more than 1,000 working Canadians aged 18 and older, found 68 per cent would take a job with a good benefits plan over another that pays more but doesn’t […]
While more than half (58 per cent) of Canadian employers provide top-up pay for maternity leave benefits, just 33 per cent offer top-ups for parental leave benefits, according to a new survey by Aon. The survey, conducted among 207 Canadian employers, found 53 per cent provide income replacement of 95 per cent to 100 per […]