An article on Toyota Motor Manufacturing Canada’s gender affirmation coverage was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Toyota Motor Manufacturing Canada providing employees, dependants with $10K in gender affirmation coverage 2. 38% of Canadian workers don’t feel supported by their employer: survey 3. Changes […]
While U.S. workers believe they’ll need roughly $1.27 million in savings to retire comfortably, employees have, on average, just $89,300 in retirement savings, according to a new survey by Northwestern Mutual. The survey, which polled more than 2,700 employees, found 52 per cent said they expect to be financially prepared for retirement when the time […]
An article on Canadians’ retirement readiness was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Survey finds 44% of Canadian pre-retirees have less than $5,000 in savings 2. PwC Canada promoting inclusive work environment with three new employee resource groups 3. How employers can support LGBTQ2S+ […]
Changes to tax rules can improve Canadians’ retirement security and make the retirement system more equitable, according to a new report by the C.D. Howe Institute. The report argued in favour of key changes to the accumulation phase, such as more equitable tax-deferred registered wealth accumulation limits, changes to the tax recognition of administrative expenses […]
Roughly half of U.S. employees say rising costs (49 per cent) and recent financial crises (46 per cent) have caused them to reduce or stop their retirement savings, according to a new survey by Allianz Life Insurance Co. of North America. The survey, which polled more than 1,000 employees, found more than half (56 per […]
An article on Amazon Canada’s ‘Dogs at Work’ program was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Amazon expanding ‘Dogs at Work’ program to Canada, easing employees’ return to workplace 2. Survey finds 39% of women considering quitting job due to stress, burnout 3. 76% […]
More than half of U.S. women say they aren’t financially secure, a percentage that increases to 77 per cent among low-income women, according to a survey by Public Opinion Strategies and Lake Research Partners on behalf of the National Council on Aging and the Women’s Institute for a Secure Retirement. The survey, which polled more […]
Three-quarters (76 per cent) of Canadians say they’ll need to work longer than their parents to become financially secure in retirement, a percentage that increases among millennials (85 per cent) and generation X (84 per cent), according to a new survey by Edward Jones Canada. The survey, which polled more than 1,000 employees, found 82 per […]
Financial education programs can be humdrum at times, bringing to mind the iconic sleepy classroom scene in the movie Ferris Bueller’s Day Off. With that in mind, Fluor Canada is empowering employees to take stock of their finances through fun and engaging programs that appeal to the different generations that make up its workforce. Employees […]
Two-fifths (41 per cent) of U.S. employers say they embed information on retirement benefits in their onboarding process, according to a new survey by XpertHR. The survey, which polled more than 200 companies in the U.S., found that, although some indicated they use emails or letters to deliver retirement information (39 per cent), fewer than […]