The Investment Management Corp. of Ontario is entering into a new fund that owns a British fibre optic business. The fund was launched as part of a broader effort to recapitalize the EuNetworks Group, an internet infrastructure and network operator in which the IMCO holds a minority stake. The company, which manages 17 fibre internet […]
The vast majority (92 per cent) of white-collar workers say they’re stressed about their finances, according to a new survey by BrightPlan. The survey, which polled more than 1,400 employees, found workers who are financially stressed reported impacts on their mental (72 per cent) and physical health (60 per cent). Nearly two-thirds (64 per cent) […]
Nearly all (94 per cent) Canadian employees say they’d look for a new job if their pay was regularly delayed, according to a new survey by the National Payroll Institute. The survey, which polled more than 1,500 workers, found 91 per cent agreed they’d look for a new job if their pay was regularly inaccurate. […]
An article on Bill C-228 receiving royal assent was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Controversial super-priority pension bill receives royal assent 2. PSAC, government tentative agreement includes new protections around remote work, wage increases 3. FHSA may work best in conjunction with group […]
The majority (61 per cent) of global institutional investors are considering increasing their allocations to exchange-traded funds in the next year, down significantly from 82 per cent in 2022, according to a survey by Brown Brothers Harriman & Co., a private investment bank. The survey, which polled 325 global institutional investors, including institutional investors and […]
While the majority (81 per cent) of Canadian human resources leaders believe senior company leaders need to support diversity, equity and inclusion efforts, they also say accountability for these programs extends across an organization, according to a new survey by Chartered Professionals in Human Resources Canada. The survey, which polled more than 1,300 HR leaders, […]
The Public Service Alliance of Canada and the federal government have reached a tentative agreement for more than 120,000 workers, which includes new protections around remote work and wage increases. The tentative agreement, which ends a two-week strike, includes negotiated language that requires managers to assess remote work requests individually — not by group — and […]
Over the past three years, employers around the globe have been facing unprecedented levels of change, driving innovative thinking as they transform their workplace policies and programs to meet the evolving needs of employees. Is your organization at the forefront of this change? Are you stepping up your financial wellness initiatives to help employees through […]
Only half (51 per cent) of U.S. generation Z employees say their employer cares about their mental health, according to a new survey by the Hartford Financial Services Group Inc. The survey, which polled more than 500 human resources decision-makers and more than 1,100 workers, found among gen Z workers, 53 per cent said they’re […]
U.S. 401(k) plans that feature automatic enrolment continue to yield higher plan member participation rates (86 per cent) than plans without auto-enrolment (37 per cent), according to a new report by T. Rowe Price Group Inc. The report, which analyzed the firm’s 2022 client data, found the adoption of auto-enrolment by 401(k) plan sponsors rose […]
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