For its second annual Pension Awareness Day on Feb. 15, the Financial Services Regulatory Authority of Ontario is holding information sessions for its employees to learn more about their pension plan. Even people who actually have an employer-sponsored pension plan aren’t aware of the value of those benefits, says Andrew Fung, executive vice-president of pensions […]
Two-fifths (42 per cent) of Canadian employees say they’ve already started looking, or plan to look, for a new job in the first half of 2024, up slightly from 41 per cent in July 2023 but down from 50 per cent in December 2022, according to a new survey by Robert Half Canada. The survey, which polled more […]
While more than a third (38 per cent) of U.S. employers are offering employees a paid-time-off bank, up slightly from in 2017 (34 per cent), nearly two-thirds (63 per cent) say most workers don’t use it due to a heavy workload, according to a new survey by the International Foundation of Employee Benefit Plans. The […]
The Canadian Revenue Agency is providing guidance for employers to determine the province of employment for full-time employees who are working remotely. As of Jan. 1, employers must use the type of income, residency status of the employee and the establishment of the employer where the employee reports for work to determine the province of employment […]
Nearly three-quarters (70 per cent) of global employees say they feel increasingly stressed as their employer has set more aggressive performance goals, with the percentage rising among Canadians (75 per cent), according to a new survey by Dayforce Inc. The survey, which polled more than 8,000 workers across Australia, Canada, Germany, Malaysia, New Zealand, Singapore, […]
An article on the Ontario Court of Appeal’s affirmation of a $1.5 million punitive damages award was the most-read article on BenefitsCanada.com this week. Here are the top five human resources, benefits, pensions and investment articles of the past week: 1. Court of Appeal upholds $1.5 million punitive damages award in LTD claims case 2. N.B. transferring 5 public […]
The organization’s chief mental-health officer discusses sharing lived experiences, a new employee and family assistance program and maintaining his own mountain biking trail. Q: What top challenges do you face in your role? A: In a professional services firm, where the demands on people’s time are significant, it can be challenging to find the proper […]
While nearly all (96 per cent) Canadian generation Z and millennial employees say they want to work for an employer that encourages workers to share new ideas, only slightly more than half (55 per cent) say their workplace embraces this principle, according to a new survey by the Angus Reid Institute on behalf of Nestle […]
Among the 36 per cent of Canadian employers that say they’ve made changes to their initial 2024 salary budgets, more than half (56 per cent) decreased their budget, according to a new survey by Normandin Beaudry. The survey, which polled more than 400 employers, found the average Canadian salary increase budget for 2024 remained steady […]
The federal government has launched a new pay transparency website to better illustrate how women, visible minorities, people with disabilities and Indigenous Peoples are represented and paid at federally regulated private sector employers. The new site, called Equi’Vision, provides a visualization that allows users to compare data on workforce representation rates and pay gaps experienced […]