The majority (80 per cent) of Canadian employers say they enhanced their total rewards programs in 2022 to better attract and retain employees, up from 63 per cent in 2020 and 2021, according to a new survey by Arthur J. Gallagher & Co. The survey, which polled more than 450 employers, found 44 per cent […]
Rothmans, Benson & Hedges Inc. is providing employees with coverage for egg freezing and expanding some fertility allowances, as well as introducing gender affirmation coverage. “This is something we’re really proud of because it’s part of our global diversity, equity and inclusion strategy,” says Ksenia Kamenskaya, director of people and culture at RBH. “We want […]
Two-fifths (42 per cent) of Canadian employers say they anticipate obstacles related to recruiting and retaining skilled employees over the next three months, according to a new report by Statistics Canada. The report found more than half of employers in retail trade (53 per cent), construction (52 per cent), accommodation and food services (51 per […]
Thomson Reuters Corp. is supporting employee well-being with a new policy that allows workers to choose how many vacation days they take each year. Beginning Jan. 1, 2023, employees in Canada and the U.S. can take vacation time as needed to work on personal well-being, to travel or pursue personal interests. The vacation policy is part […]
Meridian Credit Union Ltd. is supporting its employees’ financial wellness by guaranteeing wages of at least $23.15 per hour. The pay rate — which is the Ontario Living Wage Network’s minimum hourly pay recommendation for the Greater Toronto Area — takes effect this week and applies to employees across the province, says Jay-Ann Gilfoy, Meridian’s […]
The Canadian Imperial Bank of Commerce is supporting employee wellness with a new platform that focuses on healthy lifestyle tips and group well-being challenges. The platform allows employees to access a variety of health and wellness resources from anywhere, get personalized well-being information created by experts and learn easy ways to be more active and […]
While 80 per cent of U.S. employees view mental-health coverage as critical, only 61 per cent have access to mental-health care as part of their benefits package, according to a new survey by Aflac Inc. The survey, which polled more than 2,000 employees and 1,200 employers in the U.S., found more than half (59 per cent) […]
Six in 10 (60 per cent) U.S. employees say they’re more likely to stay at their current job if their employer offers a retirement savings plan, according to a new survey by Voya Financial Inc. The survey, which polled 1,000 employees, also found respondents are more likely to stay with their employer if they offer physical […]
More than two-thirds (68 per cent) of U.S. employees say they’re more likely to stay longer at their current job if their employer offers financial wellness benefits, according to a new survey by software platform TalentLMS. The survey, which polled 1,000 employees, found 73 per cent said their employer offers financial wellness benefits. The top […]
KPMG in Canada is offering an Indigenous wellness benefit as part of its Truth and Reconciliation action plan. The wellness benefit, which will be available in December, provides employees with access to an annual allowance that will reimburse expenses related to Indigenous healers and elders, traditional medicine and Indigenous ceremony supplies. “We felt strongly that […]