The Royal Bank of Canada and Bank of Montreal have committed to racial equity audits after facing pressure from shareholders. Jeff Lanthier, a spokesperson from RBC, says the bank will conduct a third-party audit of employment practices next year and another on business practices in 2025. “We remain focused on identifying and helping to address […]
The union representing 8,200 Stellantis employees has ratified a three-year collective agreement that includes pension gains. On Jan. 1, 2025, employees hired on or after Sept. 19, 2016 and currently participating in the company’s defined contribution pension plan will be enrolled in the Colleges of Applied Arts and Technology’s DBplus pension plan. For plan members […]
Half (48 per cent) of Canadian employers say they feel pressure to meet diversity, equity and inclusion requirements when hiring new candidates, according to a new survey by the Harris Poll on behalf of Express Services Inc. The survey, which polled more than 500 employers, found two-thirds (65 per cent) said they prioritize candidates aged […]
More than half (57 per cent) of U.S. women say they don’t earn enough to save for retirement and 26 per cent say they agree strongly with this statement, according to a new survey by the Transamerica Institute. The survey, which polled more than 5,600 employees, found while a similar percentage (50 per cent) of […]
An article on Fidelity Canada’s win in the Future of work strategy category at Benefits Canada‘s 2023 Workplace Benefits Awards was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Fidelity Canada wins award for focusing on flexibility amid return-to-office rollout 2. CPP maximum pensionable earnings increasing to $68,500 […]
Just half (52 per cent) of European employers say their employees comply with in-person work policies, according to a new survey by employment law firm Littler Mendelson. The survey, which polled nearly 800 employers across Europe, found more than half (58 per cent) said they offer hybrid working arrangements, while just 30 per cent said […]
Under new legislation announced Monday, Ontario employers could soon be required to include salary ranges in job postings and disclose if artificial intelligence is part of their hiring process. “It’s an unacceptable reality that women today in Ontario earn an average of 87 cents for every dollar earned by men,” said Labour Minister David Piccini […]
The documentation of formal diversity, equity and inclusion policies and approaches is one of the most significant changes to the Canadian workplace over the last decade. Progress of this magnitude seldom comes quickly. Employers are being asked tough questions about their implementation of the goals they’ve laid out — and they’re not always getting great […]
Just a third (31 per cent) of U.S. employees say their employers has asked for their input on remote and hybrid working arrangements, according to a new survey by Eagle Hill Consulting. The survey, which polled more than 1,300 workers, found half (49 per cent) said they prefer an employer that offers remote and hybrid […]
The Bank of Montreal is extending paid leave benefits to employees who are reservists with the Canadian Armed Forces. These employees will receive up to eight weeks of paid leave top-up of their earnings while they’re away for military training and 52 weeks of paid leave top-up to their earnings if they’re on domestic or […]