Ericsson is adding sleep and nutrition features to its online wellness program to educate employees and motivate changes in behaviour. Its E-Health program, which began in April 2016, is rolling out the new options to coincide with its two-year anniversary. Since its introduction, more than 60 per cent of Canadian and American employees have participated, according […]
According to estimates from the Canadian Life and Health Insurance Association, benefits fraud results in the loss of two to 10 per cent of health-care dollars. In terms of preventative measures, Sun Life Financial estimates it saves plan sponsors about $20 million a year, while Great-West Life Assurance Co. suggests its strategies resulted in savings of […]
Carrot Rewards is launching a new peer-to-peer rewards platform to help Canadians encourage one another to get physically active. The wellness app is a platform that leverages behavioural economics and nudge theory to motivate Canadians to make better lifestyle choices. Users connect the app to the built-in pedometer in their smartphones or to an external device […]
Sun Life Financial Canada is adding virtual health-care services to its group and individual insurance plans. Its virtual care referral networking will initially include three third-party providers: Toronto-based mobile health-care platform Akira Medical Ltd.; Montreal-based virtual health-care provider Equinoxe LifeCare; and online doctor, health and prescription company Maple Corp. Read: A look at video health-care visits as an option for […]
Ernst & Young has introduced an online retirement modelling tool to help employees prepare for life after work. Since its launch at the end of January, 25 per cent of the firm’s employees have logged in to register and use the tool, with about 55 per cent of that group under the age of 40. “I was pleasantly surprised. It’s […]
As the workplace undergoes rapid transformation amid automation and technological advancements, plan sponsors will need to re-imagine the crossroads between new technology and employee benefits. The issues will be a key focus of panel discussion at Benefits Canada’s 2018 Benefits and Pension Summit on April 16, 2018, at the Ritz-Carlton Hotel in Toronto. “I think what we’re trying to […]
But what exactly is blockchain? And how does it relate to bitcoin?
Next year will mark the 10th anniversary of bitcoin, a global electronic currency invented by a mysterious anonymous figure called Satoshi Nakamoto. The same individual also invented blockchain technology, which has become as ubiquitous a term as bitcoin. But what exactly is blockchain? How does it relate to bitcoin? And why is blockchain so important? […]
A large majority (80 per cent) of global employees see a significant opportunity for artificial intelligence in creating a workplace that’s more engaging and empowering, according to a new survey by the Workforce Institute at Kronos Inc. The survey, which polled almost 3,000 employees in Australia, Britain, Canada, France, Germany, Mexico, New Zealand and the United States, also found respondents […]
The OPSEU Pension Trust and partners are launching an investment vehicle that focuses on North American data centres. Formed alongside Mount Elbert Capital Partners and GIC Private Ltd., the pension fund’s new platform, EdgeCore Internet Real Estate, will receive initial capitalization of US$800 million to develop, acquire and operate data centres with an eye to eventually supporting $2 […]