Two-thirds (65 per cent) of U.S. employees rank flexible work options as the No. 1 component of compensation beyond salary, down from 71 per cent in 2022, according to a new report by the Conference Board Inc. The survey, which polled more than 1,500 workers, found employees in hybrid (68 per cent) and fully remote […]
British Columbia is introducing new protections for ride-hailing and food delivery app workers including a minimum wage, compensation for expenses and other standards. A minimum hourly wage of $20.10, which is $3.35 more than the current general minimum wage, would apply for a gig worker’s ‘engaged time,’ beginning when they accept an assignment to the […]
As a majority (84 per cent) of Canadian employers say they’re concerned about an emerging retirement income crisis, they also agree that, without access to employer-sponsored pension plans, workers will become a burden on the taxpayer (82 per cent) and the economy will suffer (79 per cent), according to a new survey by the Healthcare […]
An article announcing the winners of Benefits Canada‘s 2023 Workplace Benefits Awards was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Who are the winners of the 2023 Workplace Benefits Awards? 2. Lululemon wins award for holistic absence management programs 3. 40% of Canadian employers offering higher starting […]
The majority (92 per cent) of Canadian employers say they face challenges hiring skilled talent and 40 per cent say they plan to increase starting salaries in 2024 to attract and retain highly skilled workers, according to a new survey by Robert Half Canada. The survey, which polled more than 1,300 employers and more than […]
Canadian employers are projecting, on average, 3.3 per cent for merit increase budgets and 3.7 per cent for total increase budgets in 2024, compared to 3.6 per cent and 4.1 per cent, respectively, in 2023, according to a new survey by Mercer Canada. “In the face of economic uncertainty and reduced labour market pressure, employer […]
Job advertisements in New York will have to disclose proposed pay rates after a statewide salary transparency law went into effect on Sunday, part of growing state and city efforts to give women and people of colour a tool to advocate for equal pay for equal work. Employers with at least four workers will be required to disclose salary ranges for any job advertised externally to […]
Employers can alleviate labour challenges by supporting older employees who want to continue working through training and opportunities, says Lisa Taylor, an associate fellow at Toronto Metropolitan University’s National Institute on Ageing and founder and president of Challenge Factory and the Centre for Career Innovation. A new report by Statistics Canada found among pre-retirees, more […]
New U.S. Securities and Exchange Commission listing requirements that impact compensation clawbacks could create conflicts with domestic employment laws for Canadian companies listed on U.S. stock exchanges. The rules are expected to take effect on Oct. 2, 2023, with compliance mandated by Dec. 1, 2023. They require all issuers on U.S. exchanges to adopt mandatory […]
Two-fifths (40 per cent) of U.S. employees say they’re working remotely at least one day a week, according to a new report by the Institute for Economic Policy Research at Stanford University. It found the average number of days worked from home increased amid the coronavirus pandemic, from roughly five per cent in 2019 to […]