Half (48 per cent) of Canadian employers say they’re increasing their salary budget for 2023, according to a new survey by Normandin Beaudry. The survey, which polled more than 440 employers, found two-fifths (43 per cent) of respondents said they’ve earmarked an average of 1.2 per cent in additional funds for salary increases. Among the […]
An article on the potential impacts of Alberta withdrawing from the Canada Pension Plan was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Employers raising concerns over Alberta leaving CPP, but expert says move could yield benefits for workers 2. Co-operators acquiring Smart Employee Benefits […]
Canada’s largest employers are increasing their use of environmental, social and governance factors in determining executive compensation, according to a new report by Fasken Martineau DuMoulin LLP. The report analyzed public disclosures from more than 80 TSX-listed companies, including those listed on the S&P TSX60 as well as 40 organizations that have been identified by […]
Three-quarters (75 per cent) of Canadian employers say they expect to face hiring challenges in 2023, according to a new survey by the Harris Poll on behalf of Express Services Inc. The survey, which polled more than 500 employers, found more than a third (35 per cent) of employers said they experienced an increase in […]
Amid the lingering coronavirus pandemic, vaccination policies and paid sick leave were top of mind among Benefits Canada’s readers in 2022. However, stories about new employee benefits and compensation planning, as well as pension and retirement matters, also caught readers’ eyes. Here are Benefits Canada’s 10 most popular stories of the year: 1. Feds consider definition of ‘fully […]
The majority (80 per cent) of Canadian public companies are using at least one environmental, social and governance factor in their executive compensation plans, with social factors (78 per cent) the most prevalent measure, according to a new report by WTW. The report, which analyzed disclosures from 900 public companies across the globe, found two-fifths […]
Half (50 per cent) of Canadian employees say they’re currently looking for a new job or plan to begin their search in the first half of 2023, up from 31 per cent in June, according to a new survey by Robert Half Canada Inc. The survey, which polled more than 1,100 employees, found employees who’ve been […]
More than two-thirds (67 per cent) of U.S. employees say concerns about a recession are impacting their mental health, according to a new survey by Principal Financial Group. The survey, which polled 500 employers and 200 employees, found this percentage increased among millennials (79 per cent) and generation Z (76 per cent). Nearly three-quarters of […]
The majority (80 per cent) of Canadian employers say they enhanced their total rewards programs in 2022 to better attract and retain employees, up from 63 per cent in 2020 and 2021, according to a new survey by Arthur J. Gallagher & Co. The survey, which polled more than 450 employers, found 44 per cent […]
A global four-day workweek pilot program has resulted in positive impacts to employee well-being and productivity, according to a new report by Boston College, Cambridge University and University College Dublin. The report analyzed responses from more than 900 employees and 33 employers participating in the six-month program between February and August. It found the vast […]