Scotiabank is implementing a new global standard for parental leave across its global footprint by 2025. The enhanced offering will include eight fully paid weeks for all parents welcoming a new child, such as adoptive parents, and eight additional fully paid weeks for parents who’ve given birth. The enhancements to the parental leave policy, which […]
Global consultancy Willis Towers Watson is rebranding as WTW. “Since 2016 we have been known as Willis Towers Watson, the combination of Willis and Towers Watson,” said Carl Hess (pictured), WTW chief executive officer, while leading the Nasdaq’s market opening bell ringing ceremony on Jan. 25. “Now we move forward as WTW, both a celebration […]
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 […]