Summers are big business for the Butlers. Samantha and her husband John are partners in a small photography and videography business, with the bulk of their work taking place during the summer wedding season. But this year will be different. “We’re facing about $30,000 of lost income,” she says. “And we’ve only lost weddings up […]
The federal government will now only require employers to demonstrate a 15 per cent drop in revenue during the month of March due to the coronavirus to be able to access the new 75 per cent emergency wage subsidy. For all subsequent months that the Canada Emergency Wage Subsidy is available, employers will be required to show a revenue drop […]
Alexander Kurth is planning to apply for the new Canada Emergency Response Benefit once the application is available on Monday. But despite being a gig economy worker who wouldn’t be able to receive employment insurance, it’s only because of a timing coincidence that he qualifies for the new support at all. Toronto-based Kurth is nearing […]
With a world in turmoil, some of Canada’s public pension plans and investment managers are considering how they can use their economic clout to help. The British Columbia Investment Management Corp. realized there was a responsibility in its staff working from home because of the coronavirus. Normally, staff are encouraged each year to take a day of […]
With the coronavirus continuing to affect businesses across North America, employers are eyeing a number of cost-containment strategies, including hiring freezes, wage freezes and delayed pay raises, according to a new survey by Willis Towers Watson. The survey, which polled more than 800 companies during the third week of March, found 42 per cent of […]
Whole Foods Market Inc. employees called in sick on Tuesday to demand paid leave for all workers who stay home to self-quarantine during the coronavirus. The U.S.-based employees are also asking for free coronavirus testing for all workers, as well as hazard pay of double the current hourly wage for employees who show up to […]
The federal government is introducing a 75 per cent wage subsidy for companies of any size, charities and non-profits that have seen at least a 30 per cent drop in revenue due to the coronavirus pandemic. The Canada Emergency Wage Subsidy applies to the first $58,700 of an employee’s earnings, up to $847 per week. The goal of […]
La Presse is reducing all of its employees’ salaries by 10 per cent and temporarily lowering the employer’s contribution to the defined contribution pension plan. In a press release, the Quebec-based digital newspaper said this translates to an average 14 per cent pay cut for all employees, including its unionized workforce. “This extraordinary situation is […]
While many retailers are maintaining pay and benefits for their store-based staff amid temporary closures caused by the coronavirus crisis, what about employees who are still coming into work and serving the public? Loblaw Companies Ltd. is stepping up. Following discussions with the United Food and Commercial Workers union, it’s adding $2 to the hourly […]
Starbucks Coffee Co. is offering eligible employees in the U.S. access to 20 free mental-health sessions per year beginning April 6. Through provider Lyra Health Inc., employees will be able to meet with a therapist or coach in-person or via video. They’ll also be able to access self-guided online programs recommended by the provider based […]