Capital One Canada is supporting employee well-being by providing six months of protected leave to volunteer, travel or take time with family. The financial organization launched the program in September after noticing requests for leaves were coming up without a formal process in place. While some employees’ requests were in the context of the coronavirus pandemic, […]
The Royal Bank of Canada is asking employees to return to in-office working to foster more in-person collaboration and creativity, reports Bloomberg. The bank’s hybrid arrangements will involve working in person two to three days a week for most office jobs, according to an email from Rafael Ruffolo, a spokesperson for the bank, who noted these practices are already in […]
The ‘Great Resignation’ is ushering in a period of great transformation for employers, the workforce and the workplace of the future, said Charmaine Alexander, senior advisor of disability management at Desjardins Insurance, during a session at Benefits Canada’s 2022 Benefits and Pension Summit on June 1. With labour shortages continuing to plague the workforce, Alexander believes […]
More than two years after the coronavirus pandemic shifted many white-collar employees to remote working, some employers are planning their return to the office — even if it means bringing staff back kicking and screaming. Earlier this month, Tesla Inc. founder and chief executive officer Elon Musk made waves when, in internal emails, he demanded […]
3M Canada’s two 2021 Workplace Benefits Awards wins are empowering employees to take control of their health and wellness journey, says Jacqueline McLennan, the company’s benefits specialist. The organization’s revamped, targeted mental-health strategy won the mental-health program award for employers with fewer than 5,000 employees. The strategy built on 3M’s existing mental-health programming and includes […]
While institutional investors have likely relaxed leverage constraint in their private equity portfolios, they could realize better investment outcomes by taking the same approach with their public market exposures “Constraints [on leverage] prevent some of the most useful tools in portfolio management — namely, full diversification,” said Roberto Croce, head of risk parity and liquid […]
Canadian institutional investors should have a strategic allocation to emerging market debt, Ward Brown, fixed income portfolio manager at MFS Investment Management, explained during his session. EM debt has two of the key characteristics needed for a strategic allocation. First, it is a good diversifier because it has low correlations with other assets commonly found […]
Diversity, equity and inclusion is a business imperative that has a direct impact on institutional investors’ overall performance. While investors can have the best strategy and all the capital in the world, human capital is critical to executing the organization’s vision and generating returns, said Sunita Mahant, senior director of legal affairs and head of […]
Many U.S. employers are adding travel coverage for employees travelling for an abortion, amid recent restrictions imposed by several states. Among the employers offering this coverage are Amazon.com Inc., Apple Inc., Citigroup Inc., Levi-Strauss & Co., Microsoft Inc. and Yelp Inc. Currently, 13 states have imposed restrictions to abortion access and, if the Supreme Court […]
Four months ago, my daughter woke up with a stye in one eye. While my 10-year-old was handling her infection like a champ, I wasn’t. All I could think was, “I need to get her to a doctor as fast as humanly possible.” But it had been almost two years since we visited her physician’s […]