In the four-day workweek trials that have taken place in Canada and the U.S., there’s evidence that a shorter week can support higher levels of employee health and happiness while reducing burnout, says Grace Tallon, chief operating officer at the Work Time Reduction Center of Excellence. According to a recent survey by the organization, 42 […]
An article on Eastman Kodak Co.’s plans to outsource management of its pension assets was the most-read story on BenefitsCanada.com. Here are the top five human resources, benefits, pension and investment stories of the week: 1. Kodak outsourcing US$1.6TN of pension assets to maximize overfunded status 2. OMERS returns 4.6% for 2023, driven by equities, fixed income […]
Nearly two-thirds (65 per cent) of women say inadequate compensation increases is their biggest concern in 2024, according to a new survey by Robert Half Canada Inc. The survey, which polled more than 760 workers, also found three-quarters (75 per cent) of women cited wider economic changes as a major concern. It’s important for employers […]
More than a quarter (28 per cent) of Canadian employers say they’re expecting increased employee turnover this year, according to a new survey by Express Employment Professionals. The survey, which polled more than 500 employers, found respondents estimated it costs, on average, $30,674 annually to replace an employee. Fewer than a fifth (15 per cent) said […]
Three-quarters (75 per cent) of global employers say they’re struggling to find talent with the skills they need, according to a new survey by ManpowerGroup. The survey, which polled more than 40,000 employers, found the majority reported difficulty filling open roles, with employers in Japan (85 per cent) and Canada (80 per cent) among the […]
An article on how the Ontario Municipal Employees Retirement System has contributed to the province’s gross domestic product was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the week: 1. OMERS pension benefits accounted for 9.3% of Ontario retirement income in 2023: report […]
The vast majority (89 per cent) of U.S. employees say they’d be more likely to continue working for an employer that offered a retirement plan, according to a new survey by Vestwell Holdings Inc. The survey, which polled more than 1,200 workers, found a similar percentage (89 per cent) expressed some level of interest in […]
Family-building benefits can go a long way in supporting employers’ attraction and retention efforts, says David Krieger, regional vice-president of benefits consulting at BFL Canada. “Employees are looking for their employers to provide more support in all aspects of their lives, including building their families. We’re also seeing surrogacy coverage becoming more prevalent in Canada […]
Two-fifths (42 per cent) of Canadian employees say they’ve already started looking, or plan to look, for a new job in the first half of 2024, up slightly from 41 per cent in July 2023 but down from 50 per cent in December 2022, according to a new survey by Robert Half Canada. The survey, which polled more […]
While more than a third (38 per cent) of U.S. employers are offering employees a paid-time-off bank, up slightly from in 2017 (34 per cent), nearly two-thirds (63 per cent) say most workers don’t use it due to a heavy workload, according to a new survey by the International Foundation of Employee Benefit Plans. The […]