portable benefits – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 21 Nov 2024 16:43:00 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Taskrabbit providing U.S. gig workers with retirement benefits https://www.benefitscanada.com/pensions/retirement/taskrabbit-providing-gig-workers-with-retirement-benefits/ Fri, 31 May 2024 13:00:46 +0000 https://www.benefitscanada.com/?p=156260 Online gig economy platform Taskrabbit Inc. is providing U.S. gig workers with retirement benefits through a new initiative. The program, in partnership with financial services firm Robinhood Markets Inc., provides workers with access to a match program for individual retirement account contributions. During the first year of enrolment, workers receive a two per cent match on […]

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]]> CPPIB CEO pitches Calgary business crowd on benefits of staying in CPP https://www.benefitscanada.com/pensions/governance-law/cppib-ceo-pitches-calgary-business-crowd-on-benefits-of-staying-in-cpp/ Wed, 15 Nov 2023 20:00:32 +0000 https://www.benefitscanada.com/?p=147161 As Alberta considers exiting the Canada Pension Plan, the head of the Canada Pension Plan Investment Board visited Calgary on Tuesday to warn against losing its benefits. John Graham, chief executive officer of the CPPIB, made the pitch to a business crowd at a luncheon event. In his speech, he said there’s a strong business […]

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]]> Expert panel: How portable benefits can support inclusivity among gig workers https://www.benefitscanada.com/benefits/health-benefits/expert-panel-how-portable-benefits-can-support-inclusivity-among-gig-workers/ Thu, 06 Jul 2023 13:00:56 +0000 https://www.benefitscanada.com/?p=140729 The concept of employee benefits was established on a foundation built decades ago, when employees worked full time and long term with one employer. Those days are long gone. Temporary, part-time and gig work have become the norm, accounting for 60 per cent of job growth in advanced economies since the 1990s. Gig work is […]

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]]> Report finds Ontario portable health benefits plan likely to cost between $3.2-$4.5BN https://www.benefitscanada.com/benefits/health-benefits/report-finds-ontario-portable-health-benefits-plan-likely-to-cost-between-3-2-4-5bn/ Thu, 02 Mar 2023 14:00:33 +0000 https://www.benefitscanada.com/?p=134669 A portable health benefits plan is a feasible, affordable and sustainable way to improve access to essential supplemental health and dental benefits for millions of Ontarians, according to a new report from the C.D. Howe Institute. It found the portable benefits plan would likely cost between $3.2 billion and $4.5 billion — excluding administration costs, […]

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]]> Head to head: Should the design of portable benefits plans consider the role of employers? https://www.benefitscanada.com/archives_/benefits-canada-archive/head-to-head-should-the-design-of-portable-benefits-plans-consider-the-role-of-employers/ Fri, 18 Nov 2022 13:59:32 +0000 https://www.benefitscanada.com/?p=129715 As Ontario eyes a new system of portable benefits for precarious workers, one expert says these benefits can be an important attraction and retention tool for employers, while another believes employee considerations should be prioritized amid the rise of the gig economy. Laura Williams, founder and managing partner, Williams HR Law LLP Like anything when […]

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]]> A look at the past, present and future of benefits plans https://www.benefitscanada.com/archives_/benefits-canada-archive/a-look-at-the-past-present-and-future-of-benefits-plans/ Fri, 14 Oct 2022 12:56:03 +0000 https://www.benefitscanada.com/?p=128291 The provision of employer-sponsored benefits has evolved significantly over the last 45 years, with the past decade ushering in the most consequential changes, fueled by technology, increased competition and demand. In the 80s and 90s, benefits plans were very siloed and one size fits all, says Chris Pryce, founder and president of Human Capital Benefits, […]

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]]> Expert panel: How employers can design health benefits, retirement plans for gig workers https://www.benefitscanada.com/news/bencan/expert-panel-how-employers-can-design-a-benefits-plan-for-gig-workers/ Tue, 24 May 2022 13:00:11 +0000 https://www.benefitscanada.com/?p=121779 Whether they’re delivering takeout, chauffeuring passengers, or fixing leaky sinks, most gig workers in Canada don’t get benefits. Classified as independent contractors rather than employees, they’re excluded from employer contributions to Canada Pension Plan and Employment Insurance, they may not be protected under worker’s compensation and they can’t participate in tax-advantaged benefits programs like registered […]

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