Meridian Credit Union Ltd. is continuing to support employee financial wellness by raising its guaranteed hourly wage to $23.74. In 2022, the financial company became the largest employer to be certified by the Ontario Living Wage Network and is adjusting its compensation to reflect new guidelines that were updated last month. Current economic conditions and […]
As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says Darcy Clark, a principal at Normandin Beaudry. “They could do just enough to meet the legislative requirements or . . . full disclosure where everybody knows everything. There’s also a […]
Desjardins Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The workshops cover topics such as using a budget to manage cash flow, how to plan for future goals and how to save on grocery bills amid rising inflation and food prices. […]
Nova Scotia-based private employers can now transfer their pension plans into the Public Service Superannuation Plan. The Private Sector Pension Plan Transfer Act, which received royal assent on Nov. 9, provides all employers based in the province with the option of offering or continuing to offer a defined benefit pension plan with a prescribed funding […]
Hydro Ottawa Holding Inc. is tailoring its benefits and wellness programs to its unique demographics to more effectively support employee well-being, said Donna Burnett Vachon, the company’s director of change and organization development, during Benefits Canada‘s 2023 Healthy Outcomes Conference in October. The company has four subsidiaries, with each doing slightly different types of work, […]
In order to support in-person collaboration while maintaining flexibility, Hootsuite Inc. is encouraging employees to reconnect with their co-workers through its new Perch Days program. “We started our distributed workforce strategy during [the coronavirus pandemic],” says Tara Ataya, the company’s chief people and diversity officer. “With this strategy, we have taken a test-and-iterate approach to […]
Novartis Canada is enticing employees to spend more time working onsite with the opening of its new Montreal office space. The health-care company brought its workplace culture to life and acknowledged employees’ personal lives by hosting an event that welcomed employees’ families and friends to the new office. “We recognize it’s because of their families and […]
A group life insurance policy can support employee financial and mental wellness as they pay off debt, mortgages and other liabilities, says Kevin Dorse, assistant vice-president of strategic communications and public affairs at the Canadian Life and Health Insurance Association. “Knowing they have a confirmed payout amount upon death gives comfort to an employee and […]
Lululemon Athletica Inc.’s thorough and innovative approach to benefits communications resulted in a win at Benefits Canada‘s 2023 Workplace Benefits Awards on Oct. 20. The apparel company won in the Benefits plan communications category for its detailed communications strategy — which includes professionally developed benefits overview videos and detailed guides for workers going on leave — and the […]
Lululemon Athletica Inc.’s extensive financial wellness offerings led to a win at Benefits Canada‘s 2023 Workplace Benefits Awards on Oct. 20. The apparel company won in the Financial wellness category for its Fund Your Future program, which offers financial benefits and resources to support employees in making informed decisions no matter where they are in their financial journey. […]