Scotiabank is supporting employee well-being and workplace inclusivity by aligning benefits offerings across its global markets. Employees in the majority of countries where Scotiabank operates will see their benefits aligned with the bank’s global inclusive standard within the next five years, towards a goal of aligning benefits in all markets by the end of 2030. […]
At the beginning of April, the OPSEU Pension Trust made a change to a definition in its plan text that will have meaningful implications for plan members with disabled children who need to continue to rely on their parents into adulthood. The organization expanded the definition of a child eligible for survivor benefits to include […]
Global law firm Clyde & Co is rolling out a globally-consistent parental leave offering that will be available to all employees and partners with at least 12 months of service. At its core, the offering includes 26 weeks of fully paid leave, regardless of gender or parental role, and replaces previous maternity and paternity leave […]
More than a third (36 per cent) of Canadian working mothers say they’d accept a salary reduction in exchange for a fully remote working arrangement, compared to 29 per cent of working fathers, according to a new survey by Robert Half Canada. The survey, which polled more than 1,100 employees, found more than half (57 […]
The union representing 350 WestJet employees at Toronto’s Pearson International Airport has ratified a 2.5-year collective agreement that includes pension and benefits gains. The agreement enshrines the airline’s savings plan specifically for this group of workers. The plan permits contributions to either a cash savings plan, a group registered retirement savings plan or a group […]
An article on two upcoming executive departures at the Ontario Pension Board was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Ontario Pension Board preparing for departure of two top executives 2. Communication, education key to smooth transition to biosimilars: expert 3. 71% of Canadian employees […]
TMX Group Ltd. is among 23 Canadian employers that have signed on to a new parental leave pledge created by Women in Capital Markets. The pledge provides a roadmap for organizations to follow to ensure their parental leave policies and practices are inclusive and equitable to all those who use them, including non-birth parents and […]
Thomson Reuters Corp. is introducing a minimum 16-week paid leave for all employees who are welcoming a new child, regardless of gender identity, sexual orientation, marital status or family role. The global policy is part of a wider Thomson Reuters initiative to promote a healthy work-life balance through its Flex My Way program, which also […]
The union representing around 150 employees at West Fraser Timber in Fort Frances, Ont. has ratified a four-year collective agreement that includes multiple benefits gains. The new contract, which is retroactive to Aug. 1, 2022, includes a new maternity leave top-up program that provides new mothers with additional financial support. During the first eight weeks […]
An article on how the Canadian Life and Health Insurance Association is collaborating with insurers on suspected benefits fraud investigations was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. CLHIA working with insurers on suspected benefits fraud investigations 2. AIMCo closing gender equity gap through […]