Dean Connor, Sun Life Financial Inc.’s president and chief executive officer, is retiring, effective Aug. 6, 2021. Kevin Strain will take over as president and a member of the organization’s board of directors as of Feb. 15, 2021 and as CEO upon Connor’s retirement. Since 2017, he’s held the role of executive vice-president and chief financial officer, as well as […]
New research is suggesting a bump in the number of fathers planning to take time off with a new baby under a nascent national leave program could be affected by the coronavirus pandemic. It’s been more than a year since the Canadian government started offering the use-it-or-lose-it extra weeks of paid leave for non-birthing parents. The program was […]
In lieu of traditional end-of-year company celebration events and gifts, Manulife Financial Corp. is giving its 35,000 employees around the world $50 each and encouraging them to “pay it forward” this holiday season. In recognition of the hardships endured by many this year due to the coronavirus pandemic, the insurer is encouraging its employees to donate to individuals […]
Sobeys Inc. is bringing back pay premiums for staff in locations where coronavirus lockdowns are in effect. Parent company Empire Co. Ltd. has reinstated ‘hero pay’ in Manitoba, Toronto and Ontario’s Peel Region as rising cases of the virus in those areas have prompted the shutdown of non-essential businesses. Each week, eligible employees will see between $10 […]
As remote working continues amid the ongoing coronavirus pandemic, Seneca College is increasingly promoting employee fitness. “Employee fitness has always been a high priority for us, but with the pandemic we’ve been talking about it even more,” says Felisha Ali, project and program coordinator for leadership and employee development at Seneca. She says staff have […]
The U.S. Securities and Exchange Commission is proposing new rules that would allow gig workers to be partially paid in company equity. If adopted, the proposed rules would be in effect for a five-year period and allow employers to pay gig workers up to 15 per cent of their annual compensation in equity, to a […]
Diversity and inclusion in the workplace are more of a priority for younger employees, according to a new study commissioned by ADP Canada Co. The survey found respondents aged 18 to 34, as well as those from a visible ethnic community, were the most vocal when it came to issues of diversity and inclusion in […]
As the coronavirus pandemic continues, Canadian employers are balancing the need to reduce benefits costs while focusing on employee well-being, according to a new survey by Arthur J. Gallagher & Co. Just over half (55 per cent) of respondents said controlling costs is their top benefits-related challenge this year, with many considering measures such as variable cost […]
A majority (52 per cent) of human resources managers said they’ll continue with flexible working policies to support their employees’ work-life balance once the coronavirus pandemic is over, according to a new survey by Robert Half Canada Inc. “The recent pivot to new working models has made managers more aware of the importance of work-life balance,” said […]
Men are picking up jobs at more than three-times the rate that women are leaving the workforce amid the coronavirus pandemic, according to a new report by the Royal Bank of Canada. The report found more than 20,000 women left the workforce between February and October, while about 68,000 men joined it, with the pandemic and […]