race – Benefits Canada.com

Women holding more board seats, but overall diversity still lagging: report

bwolfe — Mon, 16 Oct 2023 13:00:04 +0000

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 […]

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Top 5 HR, benefits, pension and investment stories of the week

Jennifer Paterson — Fri, 28 Jul 2023 13:00:06 +0000

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 […]

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Expert panel: How employers can combat ageism in the workplace

bwolfe — Tue, 25 Jul 2023 13:00:36 +0000

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 […]

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Survey finds racialized employees feel less supported regarding their mental health

Sadie Janes — Mon, 24 Jul 2023 19:00:14 +0000

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 […]

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U.S. gen X workers falling short of retirement savings targets: report

Sadie Janes — Thu, 20 Jul 2023 13:00:27 +0000

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 […]

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Expert panel: How portable benefits can support inclusivity among gig workers

bwolfe — Thu, 06 Jul 2023 13:00:56 +0000

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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How employers are using data to integrate DEI into their benefits plans

bwolfe — Fri, 23 Jun 2023 12:57:15 +0000

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, […]

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Report finds diverse asset managers linked to higher investment returns

bwolfe — Mon, 13 Mar 2023 13:00:56 +0000

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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U.S. employers, employees divided over workplace DEI efforts: survey

bwolfe — Mon, 06 Mar 2023 20:00:07 +0000

While 80 per cent of U.S. employers say their company is doing enough to address diversity, equity and inclusion in the workplace, just 66 per cent of employees agreed, according to a new survey by Employ Inc. The survey, which polled more than 1,000 employees and more than 500 employers, found the majority (82 per […]

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Tech sector employment, pay gaps persist for women, BIPOC community: report

bwolfe — Mon, 05 Dec 2022 20:00:58 +0000

Women, people of colour and immigrants in Canada’s technology sector saw employment and pay inequities persist — and in some cases, worsen — between 2001 and 2016, with women increasingly excluded from tech work throughout that period, according to a new report from the Brookfield Institute for Innovation + Entrepreneurship at Toronto Metropolitan University. “It’s infuriating […]

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