Nearly half (45 per cent) of U.S. employees say they’ve experienced burnout, down from 58 per cent in August 2020, according to a new survey by Eagle Hill Consulting. The survey, which polled more than 1,200 employees, found women (49 per cent) continued to report higher levels of burnout than men (41 per cent). Across generations, […]
When considering whether to cover Wegovy, an obesity medication, it’s important for plan sponsors to weigh increased short-term costs with long-term savings, while considering alternative treatments that are also available, says Philippe Laplante, a principal at Eckler Ltd. Plan sponsors that decide to cover Wegovy, which launched in Canada last month, could see a significant cost […]
While nearly half (45 per cent) of Canadian workers say they feel recognized by their employer at least once a month, fewer than a fifth (17 per cent) say they feel meaningfully recognized, according to a new survey by Achievers Solutions Inc. The survey, which polled more than 3,600 employees and more than 1,390 human […]
Dollar cap match formulas could distribute employer contributions to 401(k)s more equitably than other common match formulas, according to a new report by Vanguard Inc. The report analyzed more than 1,300 large employer-sponsored plans that are record-kept by Vanguard between 2013 and 2022. It found among two-thirds of plans, employer contributions exacerbate pay inequity and […]
More than two-thirds (68 per cent) of Canadian employees say the rising cost of food and groceries is heavily affecting their stress levels during work hours, according to a new survey by ADP Canada Co. The survey, which polled more than 1,200 workers, found planning for major expenses (62 per cent) and the rising cost […]
An article on the federal government’s national pharmacare bill receiving approval in the House of Commons was the most-read story on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. Pharmacare bill passes in House of Commons, heads to Senate 2. 32% of Canadian SMEs facing […]
Six Quebec municipalities are among Canada’s top 10 locations for work-life balance, according to a new report by real estate research firm Point2. The report analyzed Canada’s 100 largest cities using data from Statistics Canada’s 2021 census and ranked each municipality based on 30 metrics covering work intensity, health and well-being and liveability. Read: Canada […]
The use of obesity medications among Canadian employer-sponsored benefits plan members has grown substantially, with claims increasing 42 per cent in 2023 and roughly 92 per cent since 2020, according to a new report by Manulife Financial Corp. The report, based on aggregate claims data, found more women are using obesity drugs than men (79 […]
While a majority (82 per cent) of Canadian employees say summer flexible working policies help reduce burnout, 42 per cent say they’re less productive during the summer, according to a new survey by Dayforce Inc. The survey, which polled more than 2,800 full-time employees in Canada, the U.S. and the U.K., found more than half […]
CAA Club Group’s award-winning health and wellness strategy is showing employees, as well as potential candidates, that the organization is focused on supporting the holistic well-being needs of its workforce. Last year, the organization’s extensive employee well-being program led it to win Benefits Canada’s 2023 Workplace Benefits Awards in the Health/wellness program category for employers […]