Scotiabank is marking Pride Month by setting new targets for LGBTQ2S+ representation and connecting employees with volunteering opportunities in a range of communities. Dominic Cole-Morgan, senior vice-president of total rewards with responsibility for diversity and inclusion, says the bank is working toward a representation target of seven per cent in Canada by 2025, noting the […]
Procter & Gamble Canada is marking Pride Month with two events for employees to discuss diversity, equity and inclusion issues. On June 14, the consumer goods company will host a roundtable discussion for employees, providing an open forum to talk about LGBTQ2S+ topics, share resources and answer questions, says Lisa Reid, country manager at P&G […]
Enhancements to the Canadian Imperial Bank of Commerce’s gender affirmation coverage is the latest way the bank is supporting LGBTQ2S+ employees during Pride Month and beyond. The expanded coverage was added to the organization’s benefits program last month and includes reimbursement for specific gender transition surgeries and procedures up to $10,000 per year, up to a […]
Ottawa is among the world’s top cities for work-life balance, according to a new report by information technology company Kisi Inc. The report, which assessed 51 U.S. cities and 49 global cities, ranked Canada’s capital in seventh place — just behind Geneva — based on factors such as remote working opportunities (38 per cent), the […]
More than half (52 per cent) of U.S. full-time employees said the health benefits offered by their employer are unaffordable and 47 per cent said the same benefits aren’t worth the cost, according to a new survey by Alight Solutions. The survey, which polled more than 2,000 employees, also found time constraints (40 per cent), […]
The Canadian Imperial Bank of Commerce is adding gender affirmation coverage to its benefits program and enhancing existing offerings such as paid parental leave and fertility treatments. The gender affirmation benefit will cover specific gender transition surgeries and procedures not covered by provincial programs to an annual maximum of $10,000 and a lifetime maximum of $25,000, according to […]
In Canada, the year-over-year cost increase for claims under a medical plan on a per-person basis is projected to reach 8.6 per cent this year, up from eight per cent in 2021, according to a new report by Mercer Canada. The report, which analyzed responses from 210 insurers across 59 countries, found the year-over-year cost […]
With today marking the second anniversary of the coronavirus pandemic, it isn’t surprising that a pair of articles on the pandemic’s lasting impact were among the most read stories over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. Two years later: Canada’s DB, DC pension plans weathering the […]
Molson Coors Beverage Co. is offering gender affirmation coverage to its Canadian employees as part of a wider effort to address and enhance diversity, equity and inclusion at the company. “We have a commitment to diversity, equity and inclusion and one of our key values is putting people first — this was just another step […]
Xero Ltd. is enhancing its parental leave benefits to make them inclusive to all employees on the path to parenthood. Starting Feb. 1, 2022, the public technology company’s Canadian and U.S. employees are eligible for $12,600 or US$10,000, respectively, through a global fertility benefits provider that offers family forming services — from adoption to surrogacy, […]