In 2019, Canadians with disabilities earned an average annual income of $43,400, substantially lower than people without disabilities ($55,200), a pay gap of 21.4 per cent, according to a new report from Statistics Canada. It found a 24.3 per cent pay gap between men with disabilities (average annual earnings of $48,700) and men without disabilities ($64,300). By comparison, […]
Fidelity Canada is supporting the future financial well-being of young Canadians through a new video series hosted by the organization’s employees. The series, known as Money Gains, consists of 10 videos in both English and French, geared towards students and covering a range of investment and retirement topics, including interest, returns, risks and timelines. It […]
A majority of Canadian employees want their employer to implement flexible work hours (68 per cent) and remote working options (52 per cent) to help them feel more in control of their workday, according to a survey by the Harris Poll on behalf of Express Services Inc. The survey, which polled more than 500 employers and […]
Victoria, B.C.-based technology company Redbrick is supporting its remote employees through individualized benefits offerings and unique virtual events. “For us, remote work continues to be part of a conscious effort to do what’s best for our employees,” says Christine Tatham, vice-president of people and culture at Redbrick. “We consider remote work in every decision we make. […]
An article on how Scotiabank is aligning its benefits offerings across global markets was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Scotiabank supporting employee well-being by aligning benefits offerings across global markets 2. Feds consulting on draft amendments to pension legislation for transfer of […]
Two-fifths (41 per cent) of U.S. employees say future generations of retirees will be worse off than those currently in retirement, according to a new survey by the Harris Poll on behalf of the Transamerica Institute and the Transamerica Center for Retirement Studies. The survey, which polled more than 5,700 U.S. employees, found this sentiment […]
The concept of employee benefits was established on a foundation built decades ago, when employees worked full time and long term with one employer. Those days are long gone. Temporary, part-time and gig work have become the norm, accounting for 60 per cent of job growth in advanced economies since the 1990s. Gig work is […]
Three-quarters (74 per cent) of U.S. employers say they plan to consolidate their health benefits within the next year, according to a new survey by Summus Global Inc. The survey, which polled more than 250 employers, found that, while 86 per cent said they’re satisfied with their current health benefits offerings, they’re inundated with the management […]
Scotiabank is supporting employee well-being and workplace inclusivity by aligning benefits offerings across its global markets. Employees in the majority of countries where Scotiabank operates will see their benefits aligned with the bank’s global inclusive standard within the next five years, towards a goal of aligning benefits in all markets by the end of 2030. […]
The annual Benefits & Pension Summit, which was hosted virtually on June 1, is the only Benefits Canada event that brings together health benefits and capital accumulation plans in one event. This year, delegates heard the results of Benefits Canada‘s exclusive CAP Member Survey with a panel of experts discussing the findings, case studies from two leading […]