With Canada’s workforce in the midst of multiple significant demographic shifts, group benefits plans will need to evolve to meet the changing needs of workers, according to Shelley Sjoberg, assistant vice-president of group product development and support at Canada Life. Speaking during Benefits Canada’s 2024 Healthy Outcomes Conference, she pointed to Statistics Canada data that […]
All generations of Canadian workers say a hybrid working arrangement is most conducive to productivity and job satisfaction, according to a new survey by Humi. The survey, which polled more than 500 employees, found generation Z (44 per cent), generation X (30.5 per cent) and baby boomers (30 per cent) prefer mostly in-office days with […]
Half (51 per cent) of Canadian employees say they’re behind in their retirement savings and 34 per cent are worried about not having enough money saved when they retire, according to a new survey by Manulife Financial Corp. The survey, which polled more than 1,500 employees and more than 500 retirees, found generation X (35 […]
While 55 per cent of Canadian workers say their ability to save money remained unchanged during the summer months, 32 per cent indicated they saved less than anticipated over that period, according to a new survey by ADP Canada Co. The survey, which polled more than 1,200 workers, found more than half (56 per cent) […]
Nearly two-fifths (38 per cent) of Canadians say they’ve felt stressed to the point where it had an impact on their daily life at least once, according to a new survey by Ipsos that was released ahead of World Mental Health Day. The global survey, which polled more than 24,000 people in 31 countries, found […]
While the recent pullback from diversity, equity and inclusion policies by several large employers may be concerning to some employees, it also provides companies with an opportunity to re-examine their definition of DEI. “I think some [employers] perceive that [DEI] is about lowering the bar or checking a box and not hiring the most qualified […]
With flu season around the corner, it’s important for employers to communicate that it’s acceptable to take sick days and prioritize well-being so employees don’t feel guilty taking time off, says Jodi Kovitz, chief executive officer of the Human Resources Professional Association. “It really is on leaders to encourage people to take sick days because it’s […]
The average amount that U.S. adults have saved for retirement dropped slightly from US$89,300 in 2023 to $88,400 in 2024 and more than $10,000 from its five-year peak of $98,800 in 2021, according to a new survey by Northwestern Mutual Life Insurance Co. The survey, which polled more than 4,500 U.S. adults aged 18 or older, found a third […]
Only a quarter (24 per cent) of Canadian employees say their employer offers seasonal perks during the summer, according to a new survey by ADP Canada Co. The survey, which polled more than 1,200 workers, found the most common summer benefits include flexible summer hours (48 per cent), reduced work hours (39 per cent), casual dress […]
Nearly two-thirds (60 per cent) of U.S. employees currently use or have previously used virtual care as part of their health-care experience, according to a new report by Cigna Healthcare. It found 70 per cent of U.S. adults were likely to use digital health tools in the future and roughly three-quarters believe the tools would […]