Mergers and acquisitions can give rise to many legal and financial complexities related to executive compensation. “The key thing from acquirers’ point of view is to understand what their objectives are with respect to executive compensation,” says Elizabeth Boyd, a pensions, benefits and executive compensation partner at Blake, Cassels & Graydon LLP. “Decisions must be […]
Three-quarters (75 per cent) of Canadian employers and 66 per cent of U.S. employers say employee productivity is a key focus for 2025, with most planning to align total rewards — specifically compensation — with productivity metrics, according to a new survey by Hub International Ltd. The survey, which polled 900 employers across North America, […]
One expert suggests employers bridge their knowledge gap by finding ways to turn education into action, while another says companies’ commitments to ongoing financial literacy is helping to do just that. Roland Chiwetelu (pictured right), associate director of financial wellness, Eckler Ltd. One expert suggests employers bridge their knowledge gap by finding ways to turn […]
CAA Club Group’s holistic and data-driven approach to employee well-being led to a win in the Health/Wellness Program category for employers with more than 1,000 employees at Benefits Canada’s 2024 Workplace Benefits Awards on Oct. 18. This is the second year in a row that CAA has won the award. “We know that we do […]
Canadian employers are projecting an average base salary increase of 3.6 per cent in 2025, a percentage that increases to 3.9 per cent among British Columbia-based employers, according to a new survey by Eckler Ltd. The survey, which polled 500 Canadian organizations across several sectors and industries, found while the average increase is lower than last […]
BDO Canada LLP employees who are considering taking a pottery course, planning a family vacation or even booking a caterer for their wedding can get a little financial assistance from the company’s newest benefit. The consultancy’s Do What You Love program, which launched in 2022, provides plan members with a set annual reimbursement amount for […]
Employers can support a multigenerational workforce by understanding each generations’ needs and offering flexibility and empathetic leadership, says Darryl Wright, a partner at Ernst & Young Canada. An October 2023 survey by EY found a quarter of Canadian employees were likely to quit their job in the next 12 months, with generation Z and millennials […]
Among the 36 per cent of Canadian employers that say they’ve made changes to their initial 2024 salary budgets, more than half (56 per cent) decreased their budget, according to a new survey by Normandin Beaudry. The survey, which polled more than 400 employers, found the average Canadian salary increase budget for 2024 remained steady […]
A story on how plan sponsors and insurers are considering covering weight-loss drugs as part of a broader push towards more inclusive benefits was the most-read benefits story on BenefitsCanada.com this year. Here are the 10 most popular benefits news stories of the year: 1. How plan sponsors, insurers are considering coverage of weight-loss drugs amid rising […]
The organization’s vice-president of talent acquisition and total rewards discusses promoting careers to equity-deserving communities, a new menopause policy and the stability of joining a defined benefit pension plan. Q: What top challenges do you face in your role? A: One of the organization’s commitments to creating an equitable, diverse and inclusive culture is to […]