In my formative school years, it was mandatory for all students to learn cooking, carpentry and typing, among other non-academic pursuits. While I’m certainly grateful to have those life skills, as I get older I wonder why we weren’t taught to invest in the stock market, save for retirement or do our taxes. Generationally, I […]
In helping employees save for their future, the Royal Bank of Canada recognizes the importance of meeting its staff where they are on their financial journeys. Over the past few years, the bank noticed employees weren’t saving enough into its pension plans. In particular, new hires and younger workers who were invited to join the […]
Nearly half (46 per cent) of millennial workers have a mentor, compared with just 27 per cent of employees over age 35, according to a survey by American Express and Catalyst Canada. The survey, which polled 1,440 Canadians over the age of 22 working in a corporate environment, also found 34 per cent of all female […]
All seemed to be going well with Randolph Rice’s new receptionist. She asked for more responsibilities and got them and said she was happy. Then, two months into the job at Rice’s law office, she didn’t show up for work or call in sick. Rice tried to reach her, but got no response. He’d been […]
While total rewards were once based on pay and benefits in an attempt to cultivate long-term employee loyalty, the concept has evolved, according to Mercer Canada’s Gordon Frost. “We are focusing more on, in addition to pay and benefits, things like achievement, camaraderie, do we have equity in our pay?” said Frost, partner and career business leader, during a Mercer event […]
More than two-thirds (69 per cent) of Canadians would use virtual visits for at least a few of their appointments with physicians, according to a new survey by the Canadian Medical Association. The survey, which queried more than 2,000 people, shed some light on technology and health care, as well as the generation gap between older […]
A lack of benefits, including medical, dental and disability, is the biggest challenge of working in the gig economy, according to a new survey by BMO Wealth Management. Among 1,000 Canadian small business owners surveyed, 69 per cent said a lack of medical, dental or disability benefits is the largest financial downside to working in the gig economy. Broken down by age group, 87 […]
Almost 50 per cent of human resources decision-makers are concerned with their organization’s ability to attract and retain millennial and generation Z employees, according to a new survey by Allegis Group Inc. The survey, which polled more than 1,000 senior human resources professionals, also found 62 per cent of respondents said they feel their organization’s issues with […]
Almost a third (32 per cent) of Canadian millennials cited the lack of a pension plan as one of the concerns of working in the gig economy, according to a new survey by TD Insurance. The survey, which queried more than 6,000 Canadians over the age of 18, also found millennials are concerned about the gig economy’s […]
What’s the future of health benefits in Canada? A hybrid model of core coverage and personalized benefits is a likely scenario, speakers at an event in Toronto said on Wednesday. “Our vision is really a hybrid model, where you have this traditional benefit program there to support your employee should something happen, something unpredictable that […]
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