An article on the federal government’s 2023 fall economic statement was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Feds consider end of ‘30% rule’ for pensions, propose EI adoption benefit: fall economic statement 2. Former federal finance minister defends ‘sustainably successful’ CPP amid Alberta pension […]
Even as signs emerge that the labour market is starting to shift in employers’ favour, employee attraction, retention and engagement remain top priorities. During Benefits Canada’s inaugural Future of Work Summit in October, a panel of employers, insurers and academics weighed in on the results of Benefits Canada’s 2023 Future of Work Survey. Almost two-thirds […]
When Desjardins Insurance launched a study to redefine employee health and well-being, an unexpected finding came through loud and clear: Canadian employers and insurers should be paying much closer attention to millennial plan members. Millennials are a cohort of people born between 1980 and 1996. Since 2016, the generation has comprised the largest segment of […]
Artificial intelligence has the potential to make a variety of human resources tasks faster and more efficient, but while the technology is sophisticated, employers should be aware of its limitations and risks, said Matissa Hollister, assistant professor of organizational behaviour at McGill University’s Desautels Faculty of Management, during Benefits Canada’s 2023 Future of Work Summit. […]
Pay transparency legislation is quickly gathering steam in Canada as provincial governments take steps towards shrinking the gender wage gap. Prince Edward Island was first to the post with pay transparency provisions in June 2022. While Newfoundland and Labrador’s Pay Equity and Transparency Act received royal assent in November 2022, its pay transparency provisions haven’t […]
Two-thirds (65 per cent) of U.S. employees rank flexible work options as the No. 1 component of compensation beyond salary, down from 71 per cent in 2022, according to a new report by the Conference Board Inc. The survey, which polled more than 1,500 workers, found employees in hybrid (68 per cent) and fully remote […]
Two-fifths (38 per cent) of U.S. employees say they haven’t taken a vacation in the past 12 months, according to a new survey by Eagle Hill Consulting. The survey, which polled more than 1,300 workers, found lower-income employees (59 per cent), generation Z (46 per cent) and workers without a college degree (46 per cent) […]
When tall poppy syndrome is left to manifest in the workplace, it can have an adverse effect on an organization’s culture and lead to issues with employee mental health and productivity, said Rumeet Billan, a leadership, emotional resilience and mental-health expert, during the keynote session at Benefits Canada‘s 2023 Healthy Outcomes Conference in October. She cautioned […]
British Columbia is introducing new protections for ride-hailing and food delivery app workers including a minimum wage, compensation for expenses and other standards. A minimum hourly wage of $20.10, which is $3.35 more than the current general minimum wage, would apply for a gig worker’s ‘engaged time,’ beginning when they accept an assignment to the […]
An article on how the Royal Bank of Canada is marking Financial Literacy Month was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. RBC educating employees, reducing stigma around money matters through financial wellness hub 2. CPPIB returns 0.1% in Q2 2024, led by credit, private […]