total rewards – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 21 Nov 2024 22:24:05 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Head to head: Are employers’ financial literacy initiatives translating into reality? https://www.benefitscanada.com/archives_/benefits-canada-archive/head-to-head-are-employers-financial-literacy-initiatives-translating-into-reality/ Fri, 15 Nov 2024 13:59:53 +0000 https://www.benefitscanada.com/?p=162361 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 […]

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]]> CAA Club Group wins award for holistic, data-driven wellness approach https://www.benefitscanada.com/benefits/health-wellness/caa-club-group-wins-award-for-holistic-data-driven-wellness-approach/ Thu, 31 Oct 2024 13:00:44 +0000 https://www.benefitscanada.com/?p=161333 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 […]

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]]> Canadian employers project average base salary increase of 3.6% in 2025: survey https://www.benefitscanada.com/news/bencan/canadian-employers-project-average-base-salary-increase-of-3-6-in-2025-survey/ Mon, 23 Sep 2024 19:00:24 +0000 https://www.benefitscanada.com/?p=160424 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 […]

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]]> How BDO’s Do What You Love program is helping employees pursue their passions https://www.benefitscanada.com/archives_/benefits-canada-archive/how-bdos-do-what-you-love-program-is-helping-employees-pursue-their-passions/ Fri, 09 Aug 2024 12:58:44 +0000 https://www.benefitscanada.com/?p=158941 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 […]

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]]> Employers can support different generations with flexibility, empathetic leadership: expert https://www.benefitscanada.com/news/bencan/employers-can-support-different-generations-with-flexibility-empathetic-leadership-expert/ Wed, 27 Mar 2024 13:00:04 +0000 https://www.benefitscanada.com/?p=153616 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 […]

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]]> 36% of employers changing initial 2024 salary budgets: survey https://www.benefitscanada.com/news/bencan/36-of-employers-changing-initial-2024-salary-budgets-survey/ Wed, 07 Feb 2024 20:00:34 +0000 https://www.benefitscanada.com/?p=151658 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 […]

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]]> Top 10 benefits stories of 2023 https://www.benefitscanada.com/news/bencan/top-10-benefits-stories-of-2023/ Tue, 19 Dec 2023 14:00:35 +0000 https://www.benefitscanada.com/?p=148992 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 […]

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]]> Q&A with Metrolinx’s Lisa Ritchie https://www.benefitscanada.com/archives_/benefits-canada-archive/qa-with-metrolinxs-lisa-ritchie/ Fri, 15 Dec 2023 13:54:00 +0000 https://www.benefitscanada.com/?p=148446 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 […]

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]]> How Ontario pay transparency legislation will impact employers https://www.benefitscanada.com/news/bencan/how-ontario-pay-transparency-legislation-will-impact-employers/ Mon, 04 Dec 2023 14:00:06 +0000 https://www.benefitscanada.com/?p=147974 As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says Darcy Clark, a principal at Normandin Beaudry. “They could do just enough to meet the legislative requirements or . . . full disclosure where everybody knows everything. There’s also a […]

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]]> Normandin Beaudry partnering with MBWL International to expand cross-border reach https://www.benefitscanada.com/news/bencan/normandin-beaudry-partnering-with-mbwl-international-to-expand-cross-border-reach/ Fri, 27 Oct 2023 19:00:44 +0000 https://www.benefitscanada.com/?p=146038 Normandin Beaudry is partnering with MBWL International, a joint venture between U.K.-based Barnett Waddingham, U.S.-based Milliman Inc. and Germany-based Lurse. This new partnership will enable Normandin Beaudry to extend its total rewards consulting services to Canadian companies with cross-border requirements, according to a press release, which noted the consultancy will join as an equal partner. […]

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