High inflation and interest rates are having a real impact on people’s finances, according to Benefits Canada‘s 2023 CAP Member Survey, which found 76 per cent of capital accumulation plan members say inflation is negatively impacting their financial situation, while 59 per cent say the same about interest rates. For many people, the day-to-day cost […]
TD Bank Group credits its culture of care for the recent enhancements to its benefits plan. “We place a great amount of emphasis and focus on this, which is a key element of our [employee] promise,” said Susy Michor, the bank’s vice-president of human resources, global retirement benefits and well-being, during Benefits Canada’s 2023 Benefits […]
Since 2016, millennials have made up a larger share of the working population than baby boomers — and today, one in three Canadians of working age is a millennial, according to Charmaine Alexander, senior advisor in disability management at Desjardins Insurance, speaking during Benefits Canada’s 2023 Benefits & Pension Summit in June. A recent survey […]
Recently, Canada’s Workplace Mental Health and Well-being Research Centre surveyed 141 employers, analyzing the practices they put in place during the coronavirus pandemic to see whether they’re still applicable to employees. Organizations really put a focus on employee morale during the pandemic, said Eric Minardi, senior advisor in disability management at Desjardins Insurance, during Benefits […]
Treatment for mental health isn’t effectively covered by public health systems, which means care for chronic disease management and mental health — by and large — falls into the lap of employers and employees, according to Adam Kelly, CloudMD’s executive vice-president and chief commercial officer, speaking at Benefits Canada’s 2022 Mental Health Summit. Organizations are […]
Allowing and encouraging employees to seek proper treatment for attention deficit hyperactivity disorder will boost health and morale, as well as save money in the workplace, since providing accommodations for ADHD is an inexpensive way to boost overall workforce productivity, said Beata Komierowski, outpatient psychiatrist at Psychiatric Adult Services, during a session supported by Takeda Canada […]
Since an organization’s most valuable asset is its people, the coronavirus pandemic made it clear that having healthy, happy employees on the job isn’t just valuable, it’s essential to profitability, said Valerie Fernandez, organizational health senior advisor at Beneva, during Benefits Canada’s 2022 Mental Health Summit in November. In addition, she noted health isn’t an individual […]
The unmet medical needs across Canada are substantial, with the number of Canadians using cannabis for medical needs — close to 15 per cent of individuals over age 16 — one of the best barometers, said Dr. Steven Grover, professor of medicine at McGill University, during Benefits Canada’s 2022 Mental Health Summit in November. “For […]
From a plan-manager perspective, eight per cent of plan members are living with diabetes, said Dr. Bruce Perkins, professor in the division of endocrinology and metabolism at the University of Toronto, during Benefits Canada’s Face to Face Drug Plan Management Forum on Dec. 9, 2020. He said risk-factor management is necessary when it comes to […]