profit-sharing plan – Benefits Canada.com

Head to head: In a challenging labour market, are employees staying with their employers or moving on?

Jennifer Paterson — Fri, 12 May 2023 12:59:50 +0000

As Canadians deal with an uncertain labour market, a public relations professional, who sought out a new job, and a marketing professional, who stayed with her employer, reflect on whether it’s better to stick it out at your current job or find a new one. Aaliyah Corbin, account coordinator at Media Profile A lot of […]

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81% of employees factoring hybrid work into job search: survey

bwolfe — Thu, 16 Jun 2022 19:00:49 +0000

Eight in 10 (81 per cent) white-collar workers cite hybrid work as a top factor when looking for a new job, ranked alongside higher pension contributions (90 per cent), bonuses/profit sharing (85 per cent) and unlimited vacation and holiday allowances (76 per cent), according to a new survey by IWG. The survey, which polled 1,000 […]

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NL permitting electronic naming of beneficiaries for pensions, retirement plans

bwolfe — Fri, 10 Jun 2022 19:00:50 +0000

Pension and retirement plan members in Newfoundland and Labrador can now designate beneficiaries through electronic means. The amendment allows individuals to name beneficiaries electronically for certain types of plans, including a workplace pension, retirement, welfare or profit-sharing fund or plan, a registered retirement income fund, a registered retirement savings plan or a tax-free savings account. […]

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Saskatchewan permitting electronic naming of beneficiaries for pensions, retirement plans

Sadie Janes — Fri, 27 May 2022 19:00:46 +0000

Pension and retirement plan members in Saskatchewan can now designate beneficiaries through electronic means. The provincial government recently passed a series of amendments regarding the electronic handling of legal matters. Bill 56 specifically allows individuals to name beneficiaries electronically for certain types of plans including an employee pension, retirement, welfare or profit-sharing fund or plan, […]

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Toronto seafood market engaging employees with profit-sharing plan, health benefits

bwolfe — Mon, 18 Oct 2021 13:00:35 +0000

A Toronto-based seafood market is using its benefits and compensation offerings to engage employees in an industry hit particularly hard by the coronavirus pandemic. David Owen, owner of De La Mer, recently introduced a profit-sharing plan and health benefits for employees of his four stores. While the pandemic delayed the launch of these programs by […]

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Employers, staff not on same page for perks: survey

mschmit — Thu, 25 Oct 2018 12:45:45 +0000

Employers and employees aren’t on the same page when it comes to non-monetary perks and incentives, according to a survey by staffing company Robert Half Canada Inc. The survey, which polled 1,500 workers and 600 human resources managers in North America, found flexible work schedules, compressed workweeks and the ability to work remotely are the most […]

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80% of Siemens Canada employees become company shareholders

mschmit — Thu, 26 Jul 2018 05:00:45 +0000

More than 80 per cent of eligible Siemens Canada employees are now shareholders in the company. The global industrial manufacturing firm recently distributed a total of 400 million euros from a profit-sharing pool to employees in 102 countries. In total, about 300,000 of the company’s 377,000 staff worldwide now hold Siemens’ shares. Read: How Canadian Tire connects retirement […]

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