While nearly three-quarters (74 per cent) of small- and medium-sized employers say cost is the biggest hurdle to offering employee benefits, a majority of SME workers say low-cost benefits or perks are most important, according to a new survey by software company PeopleKeep. It found 93 per cent of respondents said paid time off is […]
Over the last three centuries, society has been living in a repetitive cycle featuring large and substantial reset moments. To think of these as historical blips is a mistake, said Leonard Brody, an Emmy-nominated business visionary, during the keynote session at Benefits Canada‘s 2022 DC Plan Summit. He urged delegates to think about the causations […]
Nearly three-quarters (73 per cent) of Canadian employees aged 18 to 34 and 69 per cent of workers aged 35 to 44 say they’re significantly more likely to leave their current employer for another role offering better benefits, according to a new survey by RBC Insurance Services Inc. The survey, which polled more than 1,000 […]
Half (49 per cent) of U.S. employees younger than age 34 are withdrawing early from an individual retirement account or 401(k), according to a new survey by Morgan Stanley. The survey, which polled more than 900 U.S. workers, found among those making early withdrawals, 20 per cent said they needed the money to pay for […]
Eight in 10 (83 per cent) North American workers are looking for more non-health benefits from their employer, according to a survey by Ceridian HCM Inc. The survey, which polled more than 3,000 workers in Canada and the U.S., found while 86 per cent said they have access to at least one type of non-health […]
Employees like Matt Fairbanks are one of the reasons the hospitality and restaurant industry is struggling to find workers even as the coronavirus pandemic wanes. The 34-year-old former bartender has moved from slinging beers in Toronto to selling software to restaurants for a Saskatchewan company, which he does remotely. “I was always kind of one […]
Roughly a third of U.S. employees believe their employer lacks a sufficient commitment to diversity, equity and inclusion, according to a new survey by Buck Global. The survey, which polled nearly 700 employees and more than 200 employers, found 32 per cent of employees said their company lacks diverse benefits for diverse populations, a percentage […]
More than a quarter (29 per cent) of global employees said their employers are focusing on supporting workers’ physical and mental well-being to address growing skills and labour shortages, according to a new survey by PricewaterhouseCoopers. The survey, which polled more than 52,000 employees across 44 countries and territories, found respondents said their employers are also combatting […]
Three-quarters (74 per cent) of employees with flexible schedules are working more hours than they were pre-pandemic, according to a new survey by Robert Half Canada Inc. The survey, which polled more than 500 employees, found 60 per cent of all respondents are putting in 40 or more hours a week. Almost half (45 per […]
Canadian employers are turning their focus to updating their benefits plans and ensuring a strong employee experience in an effort to address the challenges employees are facing in the coronavirus pandemic and to attract key talent in a tight labour market. “Many companies are adding new services to their benefits plans to support their employees […]