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 […]
Labatt Breweries of Canada’s wide-reaching diversity, equity and inclusion strategy led to a win in the DEI program category at Benefits Canada’s 2022 Workplace Benefits Awards on Oct. 18. “The whole team is thrilled with the win and that all their hard work and efforts have paid off,” says Robin Doobay, senior manager of total rewards […]
The majority (84 per cent) of U.S. employers are increasing their benefits offerings to help with attraction and retention efforts, according to a new survey by CITE Research on behalf of Lively Inc. It found almost all (94 per cent) respondents said they believe parental leave benefits are the most important offering to attract and […]
Eight in 10 (80 per cent) small- and medium-sized employers in Eastern Canada say they don’t provide employee benefits, according to a new survey for Medavie Blue Cross by Abacus Data. The survey, which polled SMEs and SME workers in Ontario, Quebec and Atlantic Canada, found a third (35 per cent) of SMEs that don’t […]
A majority of plan sponsors (80 per cent) and plan members (77 per cent) described the quality of their health benefits plans as excellent or good, according to the 2022 Benefits Canada Healthcare Survey. Employers with 500 or more employees (86 per cent) were more likely than those with fewer than 50 employees (72 per […]