Since 2016, millennials have made up a larger share of the working population than baby boomers — and today, one in three Canadians of working age is a millennial, according to Charmaine Alexander, senior advisor in disability management at Desjardins Insurance, speaking during Benefits Canada’s 2023 Benefits & Pension Summit in June. A recent survey […]
Employees are finding their compensation, benefits and options for career advancement are less satisfying, according to a new survey by ADP Canada. The survey, which polled 1,200 Canadian workers, found that, on a scale of one to 10, the average national work happiness score was 6.6, down slightly from 6.7 in May. More than two-fifths […]
While U.S. workers believe they’ll need roughly $1.27 million in savings to retire comfortably, employees have, on average, just $89,300 in retirement savings, according to a new survey by Northwestern Mutual. The survey, which polled more than 2,700 employees, found 52 per cent said they expect to be financially prepared for retirement when the time […]
The gender pay gap is narrowing in Canada, with women earning roughly 21 per cent less than men in 2022, compared to 24 per cent less in 2021, according to a new survey by ADP Canada. The survey, which polled more than 1,500 workers, found the average salary for men was $72,743, compared to $57,725 […]
Two-thirds (65 per cent) of younger U.S. workers say paid time off is the No. 1 employer benefit that influences their job search, followed by a flexible work schedule (58 per cent), according to a new survey by the Bank of America and Georgetown University’s McDonough School of Business. The survey, which polled more than […]
Roughly half of U.S. employees say rising costs (49 per cent) and recent financial crises (46 per cent) have caused them to reduce or stop their retirement savings, according to a new survey by Allianz Life Insurance Co. of North America. The survey, which polled more than 1,000 employees, found more than half (56 per […]
In three short years, the relationship between Canadian employers and employees has changed dramatically as a result of the coronavirus pandemic’s impact on health, finances and overall sense of security. While there’s a lot of talk about the world settling into a new normal in 2023, it’s not clear what that will look like. The […]
More than a third (36 per cent) of Canadian employees say they feel more burned out than a year ago, according to a new survey by Robert Half Canada Inc. The survey, which polled more than 1,100 workers, found 39 per cent said they feel uneasy about expressing feelings of burnout with their manager. Nearly a […]
More than two-fifths (44 per cent) of Canadian employees say they’re satisfied with their current role and responsibilities, according to a new survey by ADP Canada. The survey, which polled more than 1,200 employees, found that, on a scale of one to 10, the national work happiness score was 6.7, up slightly from 6.6 in […]
Three-quarters (76 per cent) of Canadians say they’ll need to work longer than their parents to become financially secure in retirement, a percentage that increases among millennials (85 per cent) and generation X (84 per cent), according to a new survey by Edward Jones Canada. The survey, which polled more than 1,000 employees, found 82 per […]