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Top 5 HR, benefits, pension and investment stories of the week

An article on Telus Communications Inc.’s win in Benefits Canada‘s 2022 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. Telus wins award for supporting employees’ holistic well-being 2. Survey finds nearly all young employees globally experiencing burnout 3. Half of employees say employer hasn’t communicated […]

  • November 4, 2022 November 3, 2022
  • 09:00

Survey finds number of global indexes increased 4.43% in 2022, led by ESG indexes

The number of global indexes increased 4.43 per cent this year, led by environmental, social and governance indexes, which grew to new records, according to a new survey by the Index Industry Association. Although overall growth for 2022 slightly trailed 2021’s pace of nearly five per cent for the industry, the number of ESG indexes […]

  • November 3, 2022 November 3, 2022
  • 12:00

Canadian DB pensions return median 0.27% in Q3 amid challenging economic environment: report

Canadian defined benefit pension plans saw a median return of 0.27 per cent for the third quarter of 2022 amid a challenging economic environment, according to the BNY Mellon Canadian master trust universe. The universe, which is designed to provide peer comparisons by plan type and size, comprises 80 Canadian corporate public and university pension […]

  • November 3, 2022 November 3, 2022
  • 12:00

Employers favouring wage hikes over benefits enhancements amid high inflation: survey

While Canadian employers recognize the value of retirement benefits, the current high inflation environment is driving them to favour wage hikes instead, according to a new survey by the Healthcare of Ontario Pension Plan and Angus Reid Group. The survey, which polled nearly 800 business owners and senior leaders, found employers’ leading concerns are greater […]

  • November 3, 2022 November 1, 2022
  • 09:00

Report finds women hold a quarter of board seats in Canada

A quarter (24 per cent) of board seats in Canada are held by women, up two per cent since last year, according to a new report by the Canadian Securities Administrators. The report, which tracked TSX-listed companies and other non-venture issuers subject to the CSA’s disclosure requirements regarding women on boards and in executive officer […]

  • November 2, 2022 November 2, 2022
  • 15:00

Survey finds employees’ financial stress costing employers $40BN in 2022

Employees worrying about their finances on the job will cost Canadian employers more than $40 billion in 2022, almost double the $26.9 billion in lost productivity calculated in 2021, according to a new survey by the National Payroll Institute. The survey, which polled more than 3,000 Canadian employees, found a fifth (20 per cent) of […]

  • November 2, 2022 November 1, 2022
  • 09:00

Half of employees say employer hasn’t communicated long-term remote work plans: survey

Half (52 per cent) of Canadian employees say their employer hasn’t communicated plans for remote working beyond 2023, while 35 per cent of employers say they’ve communicated at least some guidelines, according to a new survey by the Angus Reid Institute on behalf of Staples Canada. The survey, which polled more than 1,000 workers and […]

  • November 1, 2022 November 1, 2022
  • 15:00

Global interest rate hikes influenced modest gains for Canadian DB pensions in Q3: reports

Canadian pension plan investments saw very modest gains in the third quarter of 2022 as both stock and bond markets responded favourably to the pace of interest rate hikes around the globe, according to a new report by Northern Trust Canada. The report, which tracks the performance of Canadian defined benefit plans, found the median […]

  • October 31, 2022 October 31, 2022
  • 15:00

Survey finds nearly all young employees globally experiencing burnout

Nearly all (97 per cent) employees aged 18 to 34 say they’re feeling burned out, according to a new survey by Cigna Corp. The survey, which polled about 12,000 employees from across the globe, found half (51 per cent) of young workers said they don’t feel fully present or engaged in their work and 48 […]

  • October 31, 2022 October 28, 2022
  • 09:00

Half of U.S. employees say they’ve stopped or reduced retirement savings amid rising inflation: survey

Around half (54 per cent) of U.S. employees say they’ve stopped or reduced retirement savings due to inflation, according to a new survey by Allianz Life Insurance Co. of North America. It found two-fifths (43 per cent) of workers said they’ve dipped into their retirement savings because of rising inflation. Eight in 10 (80 per […]

  • October 28, 2022 October 28, 2022
  • 15:00