As newer generations enter the workforce, innovative benefits plan design is important to connect plan members with the resources that fulfill the needs of an increasingly diverse workforce. During a panel at Benefits Canada’s 2019 Benefits and Pension Summit in Toronto on April 17, Wade Domries, vice-president of total rewards at Telus Corp., discussed how the company […]
In today’s modern world, filling out paperwork to make a benefits claim feels archaic, especially considering the ease of making other life choices, such as an app for ordering coffee from Starbucks Corp. or personalized viewing suggestions from Netflix Inc. “People’s expectations are changing,” says Ofelia Isabel, managing director and client management leader for Canada at Willis Towers Watson. She […]
Two-thirds (62 per cent) of global employees said they’d exchange their work-related data for more customized benefits, rewards and compensation, according to a new survey by Accenture. The global survey, which polled 1,400 corporate executives and 10,000 employees across 13 industries, also found 92 per cent of employees are open to their employers collecting data […]
Aon has partnered with six Canadian insurance providers to offer traditional and flexible benefits through its Aon Choice platform. The new partnership includes Sun Life Financial Inc., Manulife Financial Corp., Great-West Life Assurance Co., Desjardins Insurance, SSQ Life Insurance Co. and Green Shield Canada. The companies comprise 82 per cent of the Canadian group benefits […]
Canadian workers’ pay isn’t about to skyrocket, according to a new survey by Willis Towers Watson. The survey found pay raises will likely remain at an average of 2.8 per cent for client management employees in 2019, the same rate as last year. The outlook is also flat, at 2.7 per cent, for employees in production and manual labour. […]
The majority (80 per cent) of Canadian executives in the finance industry would be willing to provide tuition reimbursement or professional development for new employees without a degree, according to a survey by Robert Half Canada Inc. The survey, which polled 270 Canadian finance leaders, found 81 of small organizations and 67 per cent of larger […]
While total rewards were once based on pay and benefits in an attempt to cultivate long-term employee loyalty, the concept has evolved, according to Mercer Canada’s Gordon Frost. “We are focusing more on, in addition to pay and benefits, things like achievement, camaraderie, do we have equity in our pay?” said Frost, partner and career business leader, during a Mercer event […]
Walmart Inc. is introducing an education benefit for its employees in the United States and Puerto Rico, allowing workers to pursue degrees in business and supply chain management. “We’ve been very deliberate about our investment in our associates over the past few years,” wrote Erica Jones, senior manager of corporate communications, in an email to […]
Almost 50 per cent of Canadian employers commonly give promotions without an increase in salary, according to a survey by OfficeTeam. The survey, which polled 300 human resources managers and more than 1,000 Canadian office workers older than 18, found that the number of employers offering promotions without salary hikes rose to 47 per cent this year […]
More than 85 per cent of Canadian organizations offer flexible working options to employees, according to a new survey by the Conference Board of Canada. The survey, which questioned more than 320 employers, found that among those that provide such arrangements, flexible hours (93 per cent) is the most commonly offered option, followed by part-time remote work (55 […]