SMEs – 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 Sounding Board: What employers need to know about CAPSA’s 2024 CAP guideline https://www.benefitscanada.com/pensions/cap/sounding-board-what-employers-need-to-know-about-capsas-2024-cap-guideline/ Thu, 03 Oct 2024 13:00:55 +0000 https://www.benefitscanada.com/?p=160820 After a two-year consultation period, the Canadian Association of Pension Supervisory Authorities released its 2024 guideline for capital accumulation plans in September. With a focus on improving plan governance and member outcomes, the 2024 guideline significantly increases compliance responsibilities for CAP sponsors. Updated regulatory guidelines are rarely shorter than their predecessors and the 2024 CAP […]

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]]> 2024 Mental Health Summit: Does an employer’s size impact mental-health support for workers? https://www.benefitscanada.com/events/conference-coverage/2024-mental-health-summit-does-an-employers-size-impact-mental-health-support-for-workers/ Tue, 16 Jul 2024 11:51:20 +0000 https://www.benefitscanada.com/?p=157730 During a panel discussion at Benefits Canada’s 2024 Mental Health Summit in June, three plan sponsors discussed whether the size of an employer impacts its ability to support workers’ mental health. Telus Communications Inc., which has roughly 30,000 employees, has developed a mental-health strategy that recognizes the whole employee based on five wellness dimensions — […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-85/ Fri, 07 Jun 2024 13:00:32 +0000 https://www.benefitscanada.com/?p=156623 An article on the federal government’s national pharmacare bill receiving approval in the House of Commons was the most-read story on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. Pharmacare bill passes in House of Commons, heads to Senate 2. 32% of Canadian SMEs facing […]

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]]> 32% of Canadian SMEs facing challenges in attracting employees: survey https://www.benefitscanada.com/news/bencan/32-of-canadian-smes-facing-challenges-in-attracting-employees-survey/ Fri, 31 May 2024 19:00:18 +0000 https://www.benefitscanada.com/?p=156225 Nearly a third (32 per cent) of Canadian small- and medium-sized employers are currently facing challenges in attracting employees, according to a new survey by ADP Canada. The survey, which polled more than 750 Canadian business decision-makers and employees from SMEs, found, among those that reported difficulty attracting and retaining talent, 69 per cent said […]

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]]> Top 5 HR, benefits, pensions and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pensions-and-investment-stories-of-the-week-3/ Fri, 17 May 2024 13:00:18 +0000 https://www.benefitscanada.com/?p=155716 An article on the value that deferred profit-sharing plans can offer to small- and medium-sized employers was the most-read article on Benefits Canada.com this week. Here are the top five human resources, benefits, pensions and investment stories of the past week: 1. Sounding Board: How DPSPs can support SMEs’ retirement, talent management goals 2. CPPIB wants to […]

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]]> Sounding Board: How DPSPs can support SMEs’ retirement, talent management goals https://www.benefitscanada.com/pensions/cap/sounding-board-how-dpsps-can-support-smes-retirement-talent-management-goals/ Mon, 13 May 2024 13:00:47 +0000 https://www.benefitscanada.com/?p=155517 Canadian companies, especially small- and medium-sized employers, are facing unprecedented challenges in attracting and retaining skilled and motivated talent. According to a recent survey by Robert Half Canada Inc., 42 per cent of Canadian employees have already started searching for a new job or are planning to do so in the first six months of […]

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]]> Labour shortages, employee retention among SMEs’ top business concerns for 2024: survey https://www.benefitscanada.com/news/bencan/labour-shortages-employee-retention-among-smes-top-business-concerns-for-2024-survey/ Thu, 11 Jan 2024 14:00:03 +0000 https://www.benefitscanada.com/?p=150189 More than two-fifths of small- and medium-sized employers say labour shortages (46 per cent) and employee retention (42 per cent) are among their top business concerns for 2024, according to a new survey by Peninsula Employment Services Ltd. The survey, which polled 79,000 SMEs across Australia, Canada, Ireland, New Zealand and the U.K., found more […]

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]]> Nearly half of U.S. SMEs offering retirement savings plans to boost attraction, retention efforts: survey https://www.benefitscanada.com/pensions/retirement/nearly-half-of-u-s-smes-offering-retirement-savings-plans-to-boost-attraction-retention-efforts-survey/ Wed, 01 Nov 2023 19:00:51 +0000 https://www.benefitscanada.com/?p=146243 While more than two-thirds (69 per cent) of U.S. small- and medium-sized employers say the main reason they offer a retirement savings plan is to help employees save for the future, nearly half say they do so to help retain (47 per cent) and attract (40 per cent) top talent, according to a new survey by Capital […]

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]]> California workers will get five sick days under new law https://www.benefitscanada.com/benefits/absence-management/california-workers-will-get-five-sick-days-under-new-law/ Wed, 11 Oct 2023 19:00:44 +0000 https://www.benefitscanada.com/?p=145111 Workers in California will soon receive a minimum of five days of paid sick leave annually, instead of three. The new law, which takes effect in January, also increases the amount of sick leave workers can carry over into the following year. In a press statement, Governor Gavin Newsom said the law demonstrates that prioritizing the health […]

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]]> 80% of SME workers consider benefits before accepting new role: survey https://www.benefitscanada.com/benefits/health-benefits/80-of-sme-workers-consider-benefits-before-accepting-new-role-survey/ Thu, 05 Oct 2023 13:00:03 +0000 https://www.benefitscanada.com/?p=144808 The majority (80 per cent) of Canadian employees say they consider a small- and medium-sized employer’s health benefits before accepting a new role and 73 per cent of SME workers with a benefits plan say they’d stay with their current employer even if they were offered more money elsewhere, according to a new survey by Blue Cross […]

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