Almost three-quarters (71 per cent) of Canadian employers feel positive about their hiring outlook over the coming year, virtually unchanged from 2024 (70 per cent), according to a new survey by the Harris Poll on behalf of Express Services Inc. The survey, which polled more than 500 employers, found half (51 per cent) said they […]
Roughly one in 10 Canadians with disabilities say they’ve been denied employment in the past five years directly because of their disability, according to a new report by the Canadian Council on Rehabilitation and Work. It found a similar percentage (10 per cent) of people with disabilities believe they’ve been unfairly overlooked for promotions due […]
An article on the federal government’s decision to transfer a $1.9 billion public pension surplus to general revenue was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Feds’ decision to transfer $1.9BN public pension surplus to general revenue within its […]
Between 2019 and 2023, chronic disease drug claims increased much faster among younger plan members compared to older generations, according to a new report by Sun Life. The report, which analyzed drug claims data of more than 3 million plan members over a five-year period, found across all age groups, nearly half (45.1 per cent) of […]
While a third (34 per cent) of Canadians aged 18 to 34 say an inheritance from their parents is crucial to meeting their retirement goals, 31 per cent of baby boomers say they don’t expect to leave their children any money, according to a new survey by Vanguard Group Inc. The survey, which polled more […]
An article about the National Institute on Ageing’s report on missing pension plan members was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. NIA addressing issue of missing pension plan members with new report 2. 88% of employees with disabilities, neurodivergence […]
More than half (55 per cent) of women employees say they want to improve their financial literacy, compared to 52 per cent of all workers, according to a new survey by Intuit Canada. The survey, which polled 2,600 employees and roughly 500 small- and medium-sized employers, found this gap in financial knowledge has resulted in […]
Amendments to the federal Pension Benefits Standards Act must go beyond reporting transparency and clarify how additional disclosure requirements help monitor the health of Canadian pension plans, said the Pension Investment Association of Canada. In an open letter to Finance Canada, the PIAC said if current data collection processes for federally regulated plans aren’t achieving […]
A third (31 per cent) of Canadian employees say they rely on gig work in some capacity to help cover regular expenses, according to a new survey by ADP Canada. The survey, which polled more than 1,200 employees, found among gig workers, 17 per cent said gig work is their primary source of income for […]
While global pension plan sponsors’ assets grew by 10 per cent to reach US$63.1 trillion in 2023, this value is still five per cent lower than in 2021, according to a new report by the Organisation for Economic Co-operation and Development. It found this growth was largely attributed to gains in equity markets last year […]