Amid a challenging labour market, Canadian employers say attraction (64 per cent) and retention (57 per cent) are the top challenges impacting total rewards decisions, according to a new survey by Arthur J. Gallagher & Co. The survey, which polled more than 500 employers, found just a third (29 per cent) were concerned about benefits […]
Canadian employers are projecting, on average, 3.3 per cent for merit increase budgets and 3.7 per cent for total increase budgets in 2024, compared to 3.6 per cent and 4.1 per cent, respectively, in 2023, according to a new survey by Mercer Canada. “In the face of economic uncertainty and reduced labour market pressure, employer […]
The organization’s manager of national total rewards discusses incorporating ESG into the DEI space, its experience reimbursement program and spending time around B.C.’s lakes and mountains Q: What new programs or initiatives are you looking to implement? A: Since the actions of organizations are deeply intertwined with environmental, social and governance issues, excelling in these […]
IKEA Canada is supporting employees amid the rising cost of living by offering emergency relief grants through its Ingka Social Fund and extra discounts on select products. “The establishment of the global social fund was triggered by the energy crisis and inflationary pressures that many are experiencing in markets around the world,” says Natasha Bagley, […]
I’m sitting down to write this on the hottest day so far in 2023. Environment Canada has issued a multi-day heat warning in my region — today, it’s 31 degrees Celsius but feels closer to 40, the humidity is 70 per cent, pressure is 101.3 kilopascal and the UV index is seven. This is the […]
In 2022, Xero sent out a global survey to all of its employees asking them to rank the most important components of its total rewards program, from time off to flexible working policies, salaries to employee benefits. The software company’s Canadian employees ranked health benefits as one of the most important aspects of total rewards. […]
Though still a fairly new concept, pet benefits are becoming a more common consideration when employers are expanding their offerings and looking to stand out. In August 2022, Talk Shop Media introduced a ‘pawrental’ leave policy, which allows employees to take time off around the adoption of a new pet to focus on ownership duties, […]
There’s never a drought of challenges for employers and 2023 is proving no different. Today, they’re facing inflation, labour shortages, competition for hiring, high turnover and employee burnout, to name just a few. That’s why it’s no surprise the ball is firmly in employees’ courts. Alongside the interminable rise in the cost of living and […]
The majority (83 per cent) of global employers say they have an employee well-being strategy, up significantly from 55 per cent in 2020, according to a new survey by Aon. The survey, which polled human resources and benefits leaders from more than 1,100 employers across 46 countries, found nearly two-thirds (63 per cent) of respondents […]
The majority (80 per cent) of Canadian employers say they enhanced their total rewards programs in 2022 to better attract and retain employees, up from 63 per cent in 2020 and 2021, according to a new survey by Arthur J. Gallagher & Co. The survey, which polled more than 450 employers, found 44 per cent […]