Median pay for women occupying the corner office rose to nearly $16 million, according to an annual survey by Equilar Inc. for The Associated Press. Still, experts say there’s much more to be done to improve gender diversity in the corporate ranks and close the pay gap between men and women. Jane Stevenson, vice-chair of […]
More than half (59 per cent) of U.S. workers say it would be easy to find a new job and many have taken or plan to take steps to leave their current role, according to a survey by the Hartford Financial Services Group Inc. The survey, which polled 500 employers and 1,000 employees, found the […]
More than half of Canadian employers have considered adjusting employee rewards and benefits (57 per cent) and salary/wages (55 per cent) to contend with rising inflation and an ongoing labour shortage, according to a survey by Ento Canada. The survey, which polled more than 400 human resources leaders, found four in 10 (42 per cent) employers […]
Almost two-thirds (61 per cent) of U.S. employees aged 25 to 35 have changed jobs in the last two years or are planning to make a move by 2024, according to a new survey by Fidelity Investments Inc. The survey, which polled 1,500 employees, found while salary was the most important factor to employees who […]
A ruling by the Supreme Court of British Columbia on the B.C. Credit Union Employers’ Pension Plan’s normal retirement date was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. B.C. court upholds pension plan’s decision to increase retirement age 2. Ontario NDP platform includes dental […]
The union representing roughly 900 workers at Metro Inc. warehouses in Etobicoke, Ont. has ratified a new 4.5-year collective agreement that includes pension and benefits gains. Sandeep Kakan, director of pension and benefits at Unifor, says the agreement includes an increase in the defined benefit pension plan’s flat-rate benefit, retroactive to 2001, as well as […]
Two-fifths (43 per cent) of global employees said they’re likely to quit their job in the next 12 months, citing factors such as higher total pay (35 per cent) and career growth opportunities (25 per cent), according to a new survey by EY. The survey, which polled more than 1,500 business leaders and more than […]
The union representing workers at three Ontario casinos has ratified a series of collective agreements that will provide improved pensions and health benefits for employees. Members of Unifor Local 444 at the Caesars Windsor ratified a three-year collective agreement that includes a one per cent enhancement to its defined contribution pension plan, as well as […]
Ahead of the upcoming provincial election, Ontario Liberal Leader Steven Del Duca is promising several benefits for employees and employers in his economic platform. The platform, announced ahead of the 2022 election campaign, includes providing all Ontario workers with portable drug, dental and mental-health services; matching up to $1,000 in annual retirement savings for long-income earners, […]
A story on a pilot benefits plan program that provides plan members with access to traditional Indigenous medicines and services was the most read article over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. First Nations community providing Indigenous wellness benefits to plan members 2. Just 52% of Canadians […]