All generations of Canadian workers say a hybrid working arrangement is most conducive to productivity and job satisfaction, according to a new survey by Humi. The survey, which polled more than 500 employees, found generation Z (44 per cent), generation X (30.5 per cent) and baby boomers (30 per cent) prefer mostly in-office days with […]
The world’s 500 largest asset managers’ assets under management increased by 12.5 per cent to US$128 trillion in 2023, compared to $113.7 trillion at the end of 2022, according to a new report by WTW’s Thinking Ahead Institute. It noted the annual growth rate represents a significant recovery from the major correction seen in 2022, […]
Half (51 per cent) of Canadian employees say they’re behind in their retirement savings and 34 per cent are worried about not having enough money saved when they retire, according to a new survey by Manulife Financial Corp. The survey, which polled more than 1,500 employees and more than 500 retirees, found generation X (35 […]
The Canada Pension Plan Investment Board is investing £500 million in a new U.K.-based single-family rental housing joint venture. The initial allocation will give the investment organization a 90 per cent stake in the venture, while its partner, global real estate investment company Kennedy Wilson Holdings Inc., will hold a 10 per cent ownership stake […]
Nearly two-thirds (61 per cent) of Canadian human resources professionals feel workplace harassment is a growing issue in their organization and needs more attention, according to a new survey by Traliant. The survey, which polled 1,000 HR professionals in Canada from organizations ranging from 50 to more than 1,000 employees, found 52 per cent said […]
An article announcing the winners of Benefits Canada‘s 2024 Workplace Benefits Awards 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. Who are the winners of the 2024 Workplace Benefits Awards? 2. OMERS launching new resources guide to support members’ retirement […]
The union representing more than 5,200 Air Canada pilots has ratified a four-year collective agreement that includes multiple benefits gains, avoiding a possible strike. The agreement includes physiotherapy coverage of up to $5,000 a year per plan member and lifetime coverage for fertility drugs up to $10,000. Employees will also have a choice between $500 […]
The rapid adoption of artificial intelligence tools in financial industries represents an evolving risk to institutional investors, according to a new report by the Office of the Superintendent of Financial Institutions. The financial regulator noted rapid developments in the generative AI space have resulted in an increased adoption of AI tools in financial industries. While […]
The Ontario Municipal Employees’ Retirement System recently launched a new hub on its member website dedicated to retirement income sources. The new webpage is designed to support the OMERS’ members on their retirement savings and planning journey, emphasizing the importance of a secure and stable income foundation in retirement. This includes interactive tools to illustrate the […]
Benefits Canada is thrilled to announce the winners of the 2024 Workplace Benefits Awards. The awards, which were presented at the end of the 2024 Healthy Outcomes Conference in Toronto on Oct. 18, recognized employers that are making a substantial difference in their employees’ financial, mental and physical well-being. This year, Benefits Canada presented awards across […]