Women are in a worse position than men when it comes to pension savings, thanks to several systemic factors. So how can plan sponsors bridge the gender pension gap and help women prepare for retirement? The gender pension gap continues to be a real and pressing issue. Globally, the World Economic Forum estimates that women’s […]
A substantial wage gap between men and women continues to exist in Canada, according to a new study commissioned by ADP Canada Co. Based on self-reported numbers, the study found women earned an average pre-tax salary of $51,352 in 2019, while men reported an average pre-tax salary of $67,704 — a gap of 24 per cent. […]
Scotiabank is expanding its maternity and parental leave top-up pay for Canadian employees and providing access to a virtual health-care program. Eligible employees will receive six weeks of parental leave top-up pay at 100 per cent of salary, which supplements employment insurance maternity and parental benefits. As such, birth mothers will receive 12 weeks of […]
Among countries in the Organisation for Economic Cooperation and Development, South Korea has one of the lowest birth rates and one of the highest gender pay and employment gaps. In addition, according to a 2019 OECD report, men in the country are reluctant to take parental leave because of perceived constraints put on them by […]
Employees at the Canada Revenue Agency, represented by the Union of Taxation Employees, are set to hold strike votes throughout February as negotiations continue on wages and issues pertaining to work-life balance. While the union’s demands are numerous, Marc Brière, its national president, says it’s been too long since employees have seen any improvement in their working conditions. In terms […]
Employees’ parental leave has “no measurable effect” on their company’s profits, output or survival, nor does it have a negative impact on the well-being of those employees’ colleagues, according to a study by the U.S.-based National Bureau of Economic Research. The paper, which looked at data from small firms in Denmark, compared organizations where female employees were […]
Toronto city councillor and new father Joe Cressy would prefer to spend his entitled weeks of parental leave at home with his infant son. At the moment, his wife is taking time off, but both partners are highly dedicated to their careers and it will be his turn soon enough. However, the city’s policy doesn’t fully […]
Quebec’s government is introducing a bill that would increase leave entitlements for adoptive parents from the current 37 weeks to 42. The bill would also increase entitlements for parents adopting children from outside Quebec from 42 to 52 weeks of leave. In addition, the bill proposes amending current legislation to increase the work income-related exemptions parents are entitled […]
Ceridian HCM Inc.’s director of employee engagement and culture discusses flexible working, parental leave and family bike rides. Q. What top challenges do you face in your role? A. Our team’s area of focus means the tightening labour market will keep us busy in the coming years. Our greatest challenges are identifying programs . . […]
The Saskatchewan government is amending its provincial employment act to add eight additional weeks of parental leave. The additional weeks of leave will be available to employees entitled to the province’s new shared parental employment insurance benefit. In a press release, the government said the extra weeks will give employees job protection while they access the […]