While one expert says replacement rates vary with income and age, another argues the longstanding 70 per cent benchmark doesn’t actually work. Bonnie-Jeanne MacDonald, director of financial security research for the National Institute on Ageing at Toronto Metropolitan University Retirement financial security has become critically important with population ageing — now, more than ever, is […]
Since the onset of the coronavirus pandemic three years ago, the global economy has faced a bumpy ride, led by the lingering public health crisis, rising geopolitical tensions and high inflation. The 2023 Defined Contribution Investment Forum, which was held on Sept. 29 at the Ritz-Carlton Hotel in Toronto, shared thought leadership on the various […]
Benefits Canada is proud to announce the winners of the 2023 Workplace Benefits Awards. The awards, which were presented at the end of the 2023 Healthy Outcomes Conference in Toronto on Oct. 20, recognized employers that are making a substantial difference in their employees’ financial, mental and physical well-being. The finalists, narrowed down from almost 100 […]
While one human resources professional says HR has the greatest impact on return on investment, the other says it’s a shared responsibility and a stronger measurement if the two interests are aligned. Eric Flamholtz, professor emeritus of management and organizations at UCLA Anderson School of Management, founder and president of Management Systems Consulting Corp. My view […]
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 […]
As the 9-to-5 workday becomes more flexible, a chief executive officer discusses why she puts more emphasis on employee output and a human resources professor examines why focusing more on output could affect employee performance. Erin Bury, co-founder and chief executive officer at Willful Pre-pandemic, I don’t think any of us questioned the daily grind — […]
The annual Benefits & Pension Summit, which was hosted virtually on June 1, is the only Benefits Canada event that brings together health benefits and capital accumulation plans in one event. This year, delegates heard the results of Benefits Canada‘s exclusive CAP Member Survey with a panel of experts discussing the findings, case studies from two leading […]
While many organizations are joining the conversation around diversity, equity and inclusion, it’s about more than just saying the right things and having the right policies; it’s about changing the systems that increase the success of diverse people in the workplace. Ksenia Kamenskaya, head of people and culture, Rothmans, Benson & Hedges Inc. To make […]
The bill is a divisive one, with the pension industry concerned about the future of corporate-sponsored defined benefit pension plans and an association representing plan members firmly in its favour. Todd Saulnier, board president, the Association of Canadian Pension Management While Bill C-228 on its own may not spell the end of all DB plans, […]
The answer is complicated because environmental, social and governance investing is a relatively new risk, not all ESG factors are material for every industry and the return profile ultimately depends on whether a policy successfully incorporates material factors into investment decisions. Chris Reynolds, manager of pension policy at Canada Post Corp. ESG investing, often referred […]
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