The organization’s manager of national total rewards discusses incorporating ESG into the DEI space, its experience reimbursement program and spending time around B.C.’s lakes and mountains Q: What new programs or initiatives are you looking to implement? A: Since the actions of organizations are deeply intertwined with environmental, social and governance issues, excelling in these […]
U.S. employers say they’re expecting their total health benefits plan costs to rise by an average of 5.4 per cent per employee in 2024, according to a new survey by Mercer. The survey, which polled more than 1,900 employers, found the projected increase comes after more than a decade of annual cost increases typically averaging […]
Benefits Canada is pleased to announce the finalists of the 2023 Workplace Benefits Awards. This year’s awards program welcomed more than 115 entries across nine categories, all highlighting how Canada’s leading employers are supporting their employees’ physical, mental and financial well-being. The winners will be announced on Oct. 20 at the King Edward Hotel in Toronto during the 2023 Healthy Outcomes Conference, […]
Navigating the care path for health-care issues can be overwhelming and confusing — so much so, it can act as a deterrent to people seeking help. In terms of mental-health support, the Bank of Montreal launched a digital navigation guide in May to point staff in the right direction. The tool, which is available to […]
Changes to the Public Service Health Care Plan, which took effect on July 1, include $75,000 for certain gender affirming procedures not covered by provincial or territorial health-care programs. Other new benefits include: $300 per year each for a registered dietician, occupational therapist and lactation consultant; $200 per year for batteries for hearing aids; $600 per […]
Canadian employers are investing in innovative financial, physical and mental-health benefits to drive their attraction and retention efforts, according to a new survey by Mercer. The survey, which polled more than 300 employers, found 59 per cent said they’ve invested in employee discount programs, followed by budgeting and other financial wellness education and supports (51 […]
TD Bank Group credits its culture of care for the recent enhancements to its benefits plan. “We place a great amount of emphasis and focus on this, which is a key element of our [employee] promise,” said Susy Michor, the bank’s vice-president of human resources, global retirement benefits and well-being, during Benefits Canada’s 2023 Benefits […]
Toyota Motor Manufacturing Canada Inc. is providing employees and their dependants with $10,000 in lifetime gender affirmation coverage. The additional coverage complements existing benefits that support transitioning employees, including prescription drug coverage for hormone therapy, mental-health coverage, disability insurance and medical leaves for employees who are recovering from surgeries. The new coverage is also extended to […]
Nearly two-fifths (38 per cent) of Canadian workers say they don’t feel — or have never felt — supported by their employer, according to Telus Health’s latest mental-health index. The survey, which polled more than 3,000 employees, found the average mental-health score for Canadian workers was 64.6, unchanged from April. Among respondents who said they […]
Nearly half (45 per cent) of U.S. employees have higher expectations for their employer’s level of workplace mental-health support in 2023 compared to last year, according to a new survey by the Society for Human Resource Management and the SHRM Foundation. The survey, which polled more than 1,000 workers, found roughly two-fifths (41 per cent) […]