After moving to the U.S. from South Korea at age six, Jenny Jang found it challenging to navigate through school and her first jobs. “In all of the environments I was in, I was always a minority,” Jang said. “Coming to the U.S., I didn’t have a road map for me. And I couldn’t ask […]
While microaggressions — intentional or unintentional verbal or nonverbal acts toward a person that reinforces stereotypes — are unfortunately common in many workplaces, the municipal government of Dufferin County is taking several measures to minimize these incidents. “The word ‘micro’ doesn’t give these aggressions the kind of weight they deserve, because they are very impactful […]
Among Canadian companies providing disclosure for 2023, women held 29 per cent of board seats, up from 26 per cent in 2022, according to Osler Hoskin & Harcourt LLP’s latest diversity report. The report tracked companies subject to the Canada Business Corporations Act that disclosed the number of women, Indigenous peoples and visible minorities represented […]
An article on the federal government’s plan to scrap Canada mortgage bonds and the potential impact on pension funds was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Feds’ plan to discontinue Canada mortgage bonds may limit pension funds’ abilities to mitigate risk: PIAC […]
Diversity, equity, and inclusion are esteemed values held by many employers and are table stakes in the value proposition for employees and customers. However, in the context of DEI, ageism and the importance of supporting older workers is rarely mentioned. It’s a complex issue that can have significant consequences on a company’s performance and its […]
Only 41 per cent of Black employees in the U.S. believe their company has an open and inclusive environment that encourages dialogue about mental health, compared to 50 per cent of white employees, according to a new survey by the Hartford and the National Alliance on Mental Illness. The survey, which polled more than 2,300 U.S. employees, found […]
While more than half (55 per cent) of U.S. generation X employees participate in an employer-sponsored retirement savings plan, nearly two-thirds of men (62 per cent) and women (64 per cent) participating in these plans say they’ve saved less than 10 per cent of their retirement savings target, according to a new report by the […]
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 […]
Like other large employers, Ontario Power Generation Inc. has a diverse workforce that embodies the broader Canadian population across multiple demographics. The Crown corporation uses a variety of methods and measurements for gathering diversity, equity and inclusion data, including engagement surveys and focus groups to establish mental-health indicators by analyzing benefits usage, says Tanya Hickey, […]
Investment teams in the top quartile of gender diversity outperform the bottom quartile by 45 basis points yearly in terms of net excess returns, according to a new report by WTW. The report, which analyzed data from more than 1,500 investment strategies and more than 400 asset management firms, found while 80 per cent of […]
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