A majority (89 per cent) of Canadian employers are expecting to face hiring challenges in 2024, according to a new survey from Express Employment Professionals. It found difficulty in finding qualified candidates (45 per cent) was the No. 1 obstacle cited by employers, followed by increased job market competition (25 per cent), uncompetitive pay (24 […]
Fewer than half (42 per cent) of U.S. employees who worked remotely full time in 2023 say they received a promotion, compared to those who worked in office (55 per cent) or in a hybrid arrangement (54 per cent), according to a new survey by ResumeBuilder.com. The survey, which polled more than 1,100 full-time workers, also […]
More than half (53 per cent) of Canadian retirees say they’re receiving, or will receive, less than $50,000 in annual retirement income from their employer-sponsored pension plan, according to a survey by the Ontario Securities Commission. It found just 19 per cent of retirees with employer-sponsored pension plans said they expect to receive between $50,000 […]
More than half (51 per cent) of U.S. workers say they’d like to see fully paid health-care premiums as a financial benefit from their company, according to a new survey by CNBC and SurveyMonkey. It found nearly two-fifths of respondents said they’d also like to see 401(k) matching (37 per cent) as well as health […]
More than half (55 per cent) of Canadians were covered under employer-sponsored drug plans in 2019, while roughly a third were covered under government-sponsored plans (21 per cent), private plans (six per cent) and association-sponsored plans (five per cent), according to a new report by Statistics Canada. Nearly 50 per cent of recent and established immigrants […]
U.S. pension risk transfer sales increased by 39 per cent during the third quarter of 2023, according to a report by LIMRA. It found single premium buyout sales were US$8.1 billion, 69 per cent lower than this time last year. Year-to-date, buyout sales fell 30 per cent to $28.9 billion compared to 2022. There were […]
A story about the B.C. Lottery Corp.’s new inclusive holiday program was the most-read story on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investment stories of the past week. 1. BCLC allowing employees to swap statutory holidays for personal, cultural days of significance 2. My Take: Obesity should be treated like […]
More than a quarter (28 per cent) of employees say they’re planning to leave their current employer within a year, according to a new survey by the Boston Consulting Group. The survey, which polled 11,000 workers across the globe, found nearly two-thirds (63 per cent) cited pay/compensation as their No. 1 reason for seeking a new […]
A story about why employers might want to reconsider urging employees to use up their benefits was the most-read story on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investment stories of the past week. 1. Expert warns against urging employees to use up benefits by end of year 2. Worker demand […]
A story on how the federal government is considering ending Canada’s ’30 per cent rule’ was the most-read investment story on BenefitsCanada.com this year. Here are the 10 most popular investment news stories of 2023: 1. Feds consider end of ‘30% rule’ for pensions, propose EI adoption benefit: fall economic statement 2. Uptick in U.S. commercial office real estate […]