An article detailing Ford of Canada’s transfer of $923 million in pension plan liabilities through a group annuity buyout was the most-read story on BenefitsCanada.com. Here are the top five human resources, benefits, pension and investment stories of the past week. 1. Ford Canada transferring $923 million in pension liabilities via group annuity buyout 2. AIMCo highlighting importance […]
In 2023, a fifth (20 per cent) of board positions across the globe were filled by individuals that belong to historically underrepresented groups or ethnicities, with nearly a third within their first two years of tenure, according to a report by McKinsey & Company. The report, which polled more than 1,200 companies across 23 countries, […]
This Black History Month, 1Password is bringing employees together to share how diverse artists have had a profound impact on their exploration and appreciation of art, music, dance and literature. On Feb. 16, the software company’s Black Caucus employee resource group brought in a DJ to curate an hour of music by Black artists across […]
To mark Black History Month, the Alberta Investment Management Corp. is giving employees a chance to reflect on the history of groups dedicated to the challenges affecting Black professionals in the asset management industry. The investment organization hosted a fireside chat to raise awareness about the obstacles that Black professionals face and how individuals can get […]
Nearly 3,000 academic workers at York University are on strike after their union said the university didn’t meet their demand to “address the affordability crisis.” The Canadian Union of Public Employees Local 3903, which represents contract faculty, teaching and graduate assistants, research assistants and part-time librarians, says picket lines went up at 11 a.m. Academic […]
Women represent roughly a quarter of C-suite leaders in North America, while women of colour represent just one in 16, according to a report by McKinsey & Company. The report, which was based on research from more than 270 companies in the U.S. and Canada, found women of colour faced the steepest drop-off in representation […]
An article on how the Ontario Municipal Employees Retirement System has contributed to the province’s gross domestic product was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the week: 1. OMERS pension benefits accounted for 9.3% of Ontario retirement income in 2023: report […]
The vast majority (89 per cent) of U.S. employees say they’d be more likely to continue working for an employer that offered a retirement plan, according to a new survey by Vestwell Holdings Inc. The survey, which polled more than 1,200 workers, found a similar percentage (89 per cent) expressed some level of interest in […]
Family-building benefits can go a long way in supporting employers’ attraction and retention efforts, says David Krieger, regional vice-president of benefits consulting at BFL Canada. “Employees are looking for their employers to provide more support in all aspects of their lives, including building their families. We’re also seeing surrogacy coverage becoming more prevalent in Canada […]
Employers have the opportunity to create a more inclusive workplace by focusing on diversity, equity and inclusion as employees return to the office. The shift to remote working during the coronavirus pandemic presented employers an opportunity to reassess what, where and how work gets done, says Stephanie Braid, the director of inclusion, diversity and equity at KPMG […]