The more diverse a company is, the better talent they can attract — and in this competitive market, attracting and retaining workers is important to growth. According to a recent McKinsey & Co. report, companies are increasingly regarding inclusion and diversity as a source of competitive advantage and, specifically, as a key enabler of growth. In […]
With more data emerging showing vaping can lead to lung injuries and other adverse health issues, many employers have concerns about the potential cost of providing extended health-care benefits to employees who vape, says Julie Stich, vice-president of content at the International Foundation of Employee Benefit Plans. “We’re seeing more and more evidence coming forth […]
The appointment of the TTC pension plan’s first director of investment risk and analytics was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. TTC pension plan appointing Danny Ip director of investment risk and analytics 2. More than 6.6M Canadians participating in employer-sponsored pension plans: […]
Global employee engagement is decreasing amid turbulent world events, such as the ongoing coronavirus pandemic, falling to 61 per cent in the first quarter of 2022, according to a new survey by Kincentric. The survey, which polled 12 million employees in 125 countries, found in the last two years, employee engagement peaked at 73 per […]
Diversity in leadership matters. It signals who belongs and shapes the aspirations of employees, as well as communities more broadly. In recent years, the convergence of regulatory requirements, investor expectations and consumer demands has fuelled increased attention on representation on boards and in leadership roles in Canada. For example, a responsible investment survey by the […]
In the age of the #MeToo movement, the coronavirus pandemic and the global outcry for social justice, Canadians workers have been glued to their phones or tablets. Doomscrolling — the ongoing consumption of negative news — is taking its toll on their mental health. Doomscrolling is on the rise in Canada and employers need to […]
Amazon.com Inc is pausing the construction of six new U.S. office buildings to re-evaluate the designs to better suit hybrid work. A report by Reuters noted that, despite the construction delays of office buildings in Bellevue, Wash. and Nashville, the company’s hiring plans for each city — 25,000 and 5,000 jobs, respectively — remain on […]
Cigna is focusing on ‘purposeful presence’ in its return-to-work strategy, amid the ‘Great Resignation’ and employees increasingly choosing roles that align with their values. The strategy stems from the company’s core belief that performance is based on outcomes instead of physical presence, according to a press release, which noted the approach is applied to all […]
While Canada ranks No. 31 out of 145 countries for women’s labour force participation, its wage equality ranking sits at No. 71, according to a new report by the World Economic Forum. It found Canada’s gender pay gap is roughly 16 per cent in comparison to other Organisation for Economic Co-operation and Development member countries. […]
Thomson Reuters Corp. is introducing new benefits for its global employees, including an expanded ‘work from anywhere’ policy and a new sabbatical program. To build on its existing Flex My Way program, which offers employees the opportunity to work from anywhere in their country of residence for up to eight weeks, the technology company expanded the […]