While Canada has had pay equity laws since the 1970s, gender pay gaps still exist, but new pay transparency legislation in British Columbia is aiming to make an impact. Paulette Senior, president and chief executive officer of the Canadian Women’s Foundation The pace of closing the gender pay gap is glacial. All kinds of reports […]
Working in the pension industry has always been aligned with Shannan Corey’s personal interests and values. Her father was an actuary so she was exposed to the pension industry from a very young age. After earning her mathematics degree at the University of Saskatchewan, she became an associate actuary, spending a few years in consulting […]
The Federal Pay Equity Act, which took effect on Aug. 31, 2021, requires all federally regulated employers with 10 or more employees to prepare and post a pay equity plan by Sept. 3, 2024. In addition, it requires all unionized employers or those with 100 or more workers to establish a pay equity plan — […]
Roughly half of online gig workers across the globe don’t have a retirement plan, a percentage that increases among Venezuelan (73 per cent) and Nigerian (75 per cent) workers, according to a new report by the World Bank Group. The report, based on surveys across 17 countries, found online gig work is growing globally, particularly in the developing world, creating an important […]
PricewaterhouseCoopers Canada is improving its parental leave policy with specialized coaching and leadership training for employees. As part of its Me + PwC program, the company conducted listening tours with employees, with the feedback including more support for parents, says Sonia Boisvert, a partner and chief people officer at PwC Canada. “Being a parent myself, […]
Nearly three-quarters (72 per cent) of U.S. employees with strong longevity literacy are saving for retirement on a regular basis, compared to 58 per cent with weak longevity literacy, according to a new survey by the Teachers Insurance and Annuity Association of America Institute and the Global Financial Literacy Excellence Center at the George Washington University […]
Two-thirds (67 per cent) of North American men say they earn $55,000 or more, compared to just 39 per cent of women, according to a new survey by the Robert Walters Group. The survey, which polled more than 6,000 employees, found 44 per cent of non-binary employees reported feeling underpaid, followed by 40 per cent […]
While half (51 per cent) of peri- and post-menopausal U.S. women say menopause has negatively impacted their work life, just 14 per cent believe their employer recognizes the need for menopause-specific benefits, according to a new survey by Bank of America Corp. and the National Menopause Foundation. The survey, which polled more than 500 employers […]
More than half of U.S. women say they aren’t financially secure, a percentage that increases to 77 per cent among low-income women, according to a survey by Public Opinion Strategies and Lake Research Partners on behalf of the National Council on Aging and the Women’s Institute for a Secure Retirement. The survey, which polled more […]
The median 401(k) account balance for women is 65 per cent lower compared to men, according to a new survey by T. Rowe Price. The survey, which polled roughly 3,900 401(k) plan members and more than 1,100 retirees, found the median annual contribution for women was 43 per cent less than men. It also found women are […]