An article announcing the finalists in Benefits Canada‘s 2023 Workplace Benefits Awards was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Who are the finalists of the 2023 Workplace Benefits Awards? 2. How employers can help prevent post-vacation burnout 3. AI tools helping insurers manage plan costs by […]
A fifth (21 per cent) of Canadian workers say they’re considering leaving their job, according to Telus Health’s latest mental-health index. The average mental-health score for July was 65.2, an improvement from the previous three months when it remained at 64.6. However, the survey found the average mental-health score (56.3) of those contemplating a new […]
The majority (95 per cent) of U.S. 401(k) plan sponsors say they intend to change their plan design by the end of the year, according to a new survey by Fidelity Institutional. The survey, which polled more than 1,300 employers, found a quarter said they plan to increase their matching contribution (26 per cent) and […]
A majority (98 per cent) of Canadian institutional investors consider climate change a top environmental, social and governance focus area, according to a new survey by consultancy Millani. The survey, which polled 40 institutional investors with more than $5.8 trillion in assets under management, found they also ranked diversity, equity and inclusion (45 per cent) and […]
An article on the most recent changes to the Canada Labour Code was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: How recent Canada Labour Code updates are impacting federally regulated employers Report finds fewer employees going above and beyond in their jobs Half of […]
Despite incidences of burnout dropping five percentage points over the past year, two-fifths (45 per cent) of U.S. employees say they’re feeling burnt out at work, according to a new survey by Eagle Hill Consulting. The survey, which polled more than 1,000 respondents, found women and younger workers are reporting the highest levels of burnout. Indeed, […]
Ontario-based defined benefit pension plans returned, on average, 0.7 per cent on their investments in the second quarter of 2023, according to a new report by the Financial Services Regulatory Authority of Ontario. It found the positive return contributed to a small increase in the median projected solvency ratio, which increased to 116 per cent. […]
An article on how artificial intelligence is impacting benefits communication was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. ChatGPT a game-changer for benefits communication, but risks remain with full automation: expert 2. How employers can alleviate labour challenges by supporting older workers who want to […]
A group that includes the Investment Management Corp. of Ontario, the Public Sector Pension Investment Board and private investment firm Sandbrook Capital is acquiring a German renewable energy company that specializes in acquiring and repowering onshore wind farms. As part of the transaction, the IMCO, PSP Investments and Sandbrook will commit up to US$750 million […]
The Ontario Teachers’ Pension Plan is reporting a total fund net return of 1.9 per cent for the six-month period ended June 30, 2023. The 12-month total fund net return was 4.8 per cent while net assets increased to $249.8 billion, according to a press release, which noted the five- and 10-year annualized total fund […]