The union representing workers at Nestle’s London, Ont. ice cream production facility ratified a new three-year agreement that includes pension and benefits gains. The agreement includes an additional $100 for vision care that can be used for eye exams, as well as $1,500 per year in paramedical coverage that can be used in any combination. […]
While more than two-thirds of Canadian employers expect wages to increase in 2025 compared to last year, more than half (57 per cent) fear it won’t be enough to prevent employees from leaving for better wages and benefits elsewhere, according to a new survey by the Harris Poll on behalf of Express Services Inc. The […]
An article on how financial wellness programs can help employees in their relationships was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Wellness programs key to keeping financial stress out of relationships: expert 2. 64% of Canadian employees […]
Amid a decline in employee bonuses, it’s important for employers to reassess their attraction and retention strategies through channels such as employee feedback, says Martin Fox, managing director at Robert Walters Canada. According to a recent Robert Walters survey, two-thirds (63 per cent) of professionals said they plan to leave their jobs this year if […]
Two-thirds (67 per cent) of employers say there’s currently a shortage of skilled workers in their industry and 58 per cent anticipate a skilled labour shortage over the next five to 10 years, according to Benefits Canada’s 2024 Future of Work Survey. To reverse this trend, nearly three-quarters (72 per cent) of employers cited improving […]
Six in 10 Canadian (57 per cent) employees say they’re either in the process of moving employers or may seek new employment in the next 12 months, according to a new survey by Aon. The survey — which polled more than 9,000 global workers, including more than 500 Canadian respondents — found a fifth (22 […]
Mergers and acquisitions can give rise to many legal and financial complexities related to executive compensation. “The key thing from acquirers’ point of view is to understand what their objectives are with respect to executive compensation,” says Elizabeth Boyd, a pensions, benefits and executive compensation partner at Blake, Cassels & Graydon LLP. “Decisions must be […]
While nine in 10 (85 per cent) employers that reported decreased employee productivity over the past year cited burnout as a major problem, investing in retirement benefits appears to have a positive impact on these issues, according to a new survey by the Angus Reid Group on behalf of the Healthcare of Ontario Pension Plan. […]
The Regional Municipality of Peel is enhancing its communication strategy with its employee service centre, says Deborah Arsenault, the regional government’s chief human resources officer. The platform, which launched at the end of August, is hosted on Peel Region’s employee intranet and provides workers with information on their benefits plan, payroll and workplace policies. According […]
Although jobs that involve working remotely have been around for decades in some form or another, the coronavirus pandemic brought them front and centre. There are several issues regarding salary and these working arrangements. The first is whether such jobs should be paid the same as the same job in the office. Generally, hybrid and remote […]