millennials Page 14

Keyword: millennials

175 results found
Canadians taking fewer holidays, earning less in 2020: report

Canadian employees are seeing significant workplace shifts amid the ongoing coronavirus pandemic, according to a new report by payroll and benefits company Humi. It found employees took 40 per cent less vacation time in 2020 compared to 2019. Meanwhile, the number of sick day requests was “drastically higher” in the months leading up to the […]

  • By: Staff
  • November 20, 2020 November 20, 2020
  • 09:02
Plan Sponsor Week: Rogers engages staff in retirement savings amid plan design changes, coronavirus

In considering changes to its retirement savings programs, Rogers Communications Inc. is generally focused on three main internal and external factors: regulatory changes, employee feedback and demographics. “As we see the millennial and gen Z workforce grow quite a bit, we’re really trying to understand what that’s going to do to our plans in terms […]

Despite the coronavirus pandemic’s severe and disproportionate impact on the health of aging adults, older Canadians say they’re coping far better than younger demographics, according to a new study by Edward D. Jones & Co. in partnership with Age Wave, a U.S.-based think tank focused on issues relating to aging populations. The study, which included […]

  • By: Staff
  • August 5, 2020 November 12, 2020
  • 08:45
Pandemic boosting relevance of financial wellness offerings: survey

Even before the coronavirus pandemic, U.S. employers were beefing up their financial well-being offerings and starting to see positive results, according to a new survey by Buck. The survey, which polled more than 150 U.S. organizations, found employees’ financial stress is a top motivator for companies to invest in financial well-being programs. As well, 40 […]

  • By: Staff
  • July 22, 2020 November 12, 2020
  • 09:30
Retirement age rising for millennials, gen X and boomers: report

Freedom 55? It’s looking more like Freedom 70 for some Canadians, but there are strategies that working baby boomers, generation Xers and millennials can employ now to lower their retirement age, according to a new annual report by Mercer. The report found millennials often opt to invest conservatively in low-risk, short-term investments such as money market […]

  • By: Staff
  • February 25, 2020 November 30, 2020
  • 09:15
Majority of millennial workers in DC pension plans: report

As millennials enter their prime working years many are actively saving for their retirements, according to a new report by Wells Fargo Institutional Retirement and Trust. The report, which looked at four million eligible participants in about 1,900 defined contribution pension plans, found 61 per cent of millennial workers (age 27 to 39) were participating in a DC plan. In […]

  • By: Staff
  • February 21, 2020 November 30, 2020
  • 08:45
Most Canadians unsure how much money they’ll need for retirement: survey

While Canadians said they plan to retire, on average, at age 62, 59 per cent said they can’t estimate how much money they’ll need to enjoy a comfortable retirement, according to a new survey by BMO Financial Group. The survey of 1,500 Canadians also found only half of respondents are hopeful they’ll have enough money […]

  • By: Staff
  • February 7, 2020 November 30, 2020
  • 15:15
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Private equity firms appear to be having a tough time attracting younger talent to their teams and an even tougher time getting that talent to stick around, according to EY’s 2020 global private equity survey report. More than half (60 per cent) of those surveyed by EY said they experience some difficulty in attracting employees […]

  • By: Staff
  • January 28, 2020 December 13, 2020
  • 08:49
Gen Z, millennials expect employers to help them upskill: survey

Younger generations are more likely to expect their employers to provide training and development programs, according to a new survey by getAbstract. Almost all (93 per cent) survey respondents across generational cohorts said it was at least somewhat important for employers to provide these opportunities. But 84 per cent of generation Z employees and 74 […]

  • By: Staff
  • January 15, 2020 November 12, 2020
  • 15:00
Niagara Casinos gambles with innovative pension communications

In November 2018, Niagara Casinos set up a pop-up coffee shop, called NC Café, across its three locations for a week. It was part of the company’s annual pension communications strategy, which also includes messaging on the employee intranet, seminars, targeted mailings and plan updates on fee reductions, contribution increases or investment fund changes. “This […]