The financial well-being of Canadians has declined over the last year, according to a new survey by Morneau Shepell Ltd. It rated Canadians’ overall financial health as of January 2021 at -2.8, indicating a decline from the previous year. Women reported a lower score (-5.1) than men (-0.6), with male respondents reporting improvement in some […]
Only 15 per cent of employees feel their employer is offering enough resources to support well-being during the coronavirus pandemic, according to a new survey by Lululemon Athletica Inc. It found less than one third (29 per cent) of global respondents indicated strong well-being across physical, mental and social dimensions. Canadian respondents reported a number […]
While workplaces around the world deal with the ongoing coronavirus pandemic, many employees are also struggling with the secondary crisis of increased alcohol and drug use. This particular side effect of the pandemic was noted early on. Last July, a poll by the Centre for Addiction and Mental Health found 25 per cent of Canadians […]
The mental-health impacts of isolation and quarantine are clear, but Canadians may not realize loneliness can also harm their physical health, said Diane McIntosh, psychiatrist and chief neuroscience officer at Telus Health, during Benefits Canada’s 2020 Mental Health Summit on Nov. 12. “There have been correlates that loneliness or isolation . . . is like […]
As the coronavirus pandemic continues, Canadian employers are balancing the need to reduce benefits costs while focusing on employee well-being, according to a new survey by Arthur J. Gallagher & Co. Just over half (55 per cent) of respondents said controlling costs is their top benefits-related challenge this year, with many considering measures such as variable cost […]
Wellness apps are becoming an increasingly popular perk for Canadian employers to offer employees, particularly as stress continues to soar as the coronavirus pandemic drags on. CAA Club Group was ahead of the pack, launching its wellness app company-wide in 2018. However, a wide range of meditation and mindfulness apps are available, so plan sponsors have to do […]
Eight months into the coronavirus pandemic, employees continue to face a myriad of stressors, including health anxiety, isolation, financial concerns, family issues and increased workloads. This prolonged stress is impacting sleep, energy and motivation, while driving a heightened demand for mental-health services and medication. “If you think of a classic disaster, . . . [like] an […]
The costs of employer-provided health plans in Canada are expected to rise seven per cent next year, outpacing general inflation by more than five per cent, according to a new report by Aon Canada. Contributing factors include higher drug prices, the impact of non-communicable health risks and the continued introduction of new and expensive therapies. Indeed, […]
After nine months of uncertainty in the financial markets and with no end in sight to the coronavirus pandemic, more and more Canadian workers are worrying about life after retirement, according to a new survey by Manulife Investment Management. It found financial woes are taking a toll on workers, with a 16 per cent rise […]
A third (33 per cent) of employees said they’re more burned out on the job these days compared to 2019, according to a new survey by Robert Half Canada Inc. The staffing firm, which surveyed 500 Canadian employees this summer, found that, among this group, 40 per cent pointed to having a fuller plate at work as […]