Employers in the U.S. are budgeting salary increases of 3.4 per cent in 2022, according to a new survey by WTW, formerly known as Willis Towers Watson. The survey, which polled more than 1,000 U.S. employers, found 32 per cent of respondents raised their salary increase projections in recent months. Employers boosted their projected average […]
Canadian workers’ financial well-being score is declining amid the ongoing coronavirus pandemic, according to LifeWorks Inc.’s latest financial well-being index. The survey, which polled 3,000 working Canadians, found their financial well-being score declined in the fall of 2021 to negative 2.3 from negative 1.6 in the summer and 2.2 in the spring of 2021. As some […]
This year, Canadian employers are marking Bell Canada’s Let’s Talk Day by addressing the ongoing coronavirus pandemic’s impact on the mental health of employees. The annual event, which began in 2010 to encourage discussions about mental health, is built on four pillars: mental-health research, workplace leadership, ending stigmas around mental health and advocating for mental-health […]
As Canadian employees face rising inflation and interest rates, C.F. Crozier & Associates Inc. is helping ease employees’ financial worries by offering benefits that appeal to staff at every stage of their lives. The time employees spend at work is just one stop along their personal and professional growth journey, says Nick Mocan, president of Crozier. […]
Bhagyashri Pawar was surprised to see a previous employer make headlines last year for its investments in mental-health programs for its staff. “Having worked there, I never figured out where these efforts were made,” says the 31-year-old Toronto-based online marketing manager. Pawar says the company refused to allow employees to work remotely during coronavirus pandemic lockdown measures until several employees tested […]
As competition to attract talent continues to heat up amid a tight labour market, the vast majority (90 per cent) of U.S. employers are planning to invest more in employee mental-health support, according to a new survey by Wellable. The survey, which polled almost 200 U.S. health insurance brokers and wellness consultants, found slightly more than […]
While more than half (57 per cent) of U.S. employees said they’re comfortable about returning to the workplace, more than a third (40 per cent) still aren’t ready to head back, according to a new survey by data intelligence company Morning Consult. The survey, which polled around 400 U.S. employees who’d usually work from an […]
About three-quarters (78 per cent) of U.S. employers said they’re more focused on the quality of health care over cost management when making decisions about their benefits plan amid the current war for talent acquisition and retention, according to a new survey by Artemis Health Inc. The survey, which polled more than 300 U.S. human […]
Employers are continuing to feel the squeeze, with rising prices set to push wages higher this year in a “feedback loop building” as the annual pace of inflation climbed in December 2021 to its highest rate since September 1991. In December, the consumer price index was up 4.8 per cent, compared with a year ago, reported Statistics […]
The Toronto-Dominion Bank is enhancing its benefits offerings in 2022 with expanded family planning coverage. The bank’s benefits program is now covering fertility and reproductive treatments and offering support for surrogacy or donor costs and adoption costs, with a $20,000 lifetime maximum for each benefit, says Melanie Burns, TD’s senior vice-president of human resources and talent […]