Employers that report high levels of employee recognition can expect increased productivity and decreased rates of absenteeism and safety incidents, according to a new report by Gallup Inc. and Workhuman. The report analyzed data from more than 275 global organizations across 450 research studies, as well as survey responses from more than 7,600 U.S. workers. […]
Arthur J. Gallagher & Co. has completed its acquisition of BCHR Holdings — also known as Buck — for US$660 million. Through the agreement, Gallagher will expand its retirement, benefits and human resources consulting services in Canada, the U.S. and the U.K., according to a press release. Buck’s team of 2,300 employees will operate under the direction […]
Most gig workers in Seattle will be permanently entitled to paid sick leave under a new law that expands coronavirus pandemic-era protections and strengthens labour rights for app-based workers. Under the law, workers will accrue one day of paid sick or safe leave — to be used when caring for themselves or a family member […]
Two in five (43 per cent) Canadian employees say they’re concerned about their financial future, according to Telus Health’s latest mental-health index. Nearly half (45 per cent) of respondents said they feel overwhelmed by debt, with this group reporting the lowest mental-health (53.4) and financial well-being (48.1) scores. Indeed, the report found Canadians’ mental-health score […]
By focusing on cancer as part of a wider chronic disease management strategy, employers can support employee health while reducing benefits costs, said Chris Bonnett, founder and principal at H3 Consulting, during a webinar hosted by the Canadian Pension and Benefits Institute. While long-term disability plans pay out, on average, $3,500 per month, cancer patients […]
Two-fifths (39 per cent) of U.S. employees say they haven’t taken a vacation in the last 12 months, according to a new survey by Eagle Hill Consulting. The survey, which polled more than 1,000 workers, found lower-income employees (59 per cent) and younger staff (43 per cent) were most likely to not take a vacation. […]
The TD Bank Group is expanding its talent pool through partnerships that tap into the Black Professionals in Tech Network and FDM Group Inc.’s returnship program for technology workers. When the bank was looking to hire more engineers in 2022, it tapped the BPTN to create a recruitment and training program specifically tailored to its […]
Three-quarters (76 per cent) of U.S. defined contribution pension plan sponsors say their plan offers automatic enrolment, according to a new survey by investment consulting firm Callan. The survey, which polled roughly 100 DC plan sponsors, found the vast majority used auto-enrolment for new hires, while far fewer offered this feature for current employees. Half […]
An article on a 2023 budget proposal to require employers to report dental coverage as part of the national dental-care program was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Enhanced national dental plan to require reporting of employer-provided coverage: budget 2. CAAT raising DBplus […]
American Express Canada is providing a daily meal stipend and refreshments to employees who are working onsite. With most employees in a hybrid or remote working arrangement, these perks help recreate the work-from-home experience in the office and support employee financial well-being by reducing costs, says Annette Kingsley, AmEx Canada’s vice-president of colleague experience. Employees receive […]