The Alberta Investment Management Corp. is appointing Krista Pell as its chief human resources officer. In the new role, Pell will lead the AIMCo’s HR functions, which will involve advancing its global recruitment strategy to attract and retain top talent, according to a press release. She’s also responsible for supporting the institutional investor’s diversity, equity […]
Half (51 per cent) of knowledge workers who quit their job in the last two years believe a relocation opportunity is a must for new job offers, according to a survey by Wakefield Research for Graebel Companies Inc. The survey, which polled 1,500 employees in 11 global markets, found 70 per cent may have stayed with their […]
The Pension Investment Association of Canada is urging the Office of the Superintendent of Financial Institutions to ensure its guidance on pension investment risk management is flexible enough to be appropriate for plans of all sizes. In an open letter, PIAC chair Sean Hewitt addressed 15 points posed by the OSFI to the pension investment sector related […]
While two-fifths (42 per cent) of U.S. employees believe the culture at their workplace has improved over the past two years, 23 per cent believe it has declined, according to a survey by software company Quantum Workplace. The survey, which polled more than 32,000 employees, found 35 per cent said the culture at their workplace has […]
The percentage of Canadians who worked exclusively from home decreased from 24 per cent in January 2022 to 19 per cent in April, while just six per cent said they’re in a hybrid work arrangement, according to a survey by Statistics Canada. The survey, which polled 49,000 working Canadians, found nine in 10 (88 per cent) […]
Contract food services and custodial workers at Canada’s colleges and universities have less access to pensions and paid leave than their in-house colleagues, according to a new report by the Canadian Union of Public Employees. The report, which analyzed employment data from publicly funded post-secondary institutions, found only 23 per cent of contract food services employers […]
Three-quarters (74 per cent) of employees with flexible schedules are working more hours than they were pre-pandemic, according to a new survey by Robert Half Canada Inc. The survey, which polled more than 500 employees, found 60 per cent of all respondents are putting in 40 or more hours a week. Almost half (45 per […]
Diversified pooled fund managers saw median losses of 4.1 per cent in the first quarter of 2022, according to LifeWorks Inc.’s performance universe. While Canadian equities increased 3.8 per cent on the S&P/TSX composite index, the median return for Canadian equity managers was just three per cent. Significant losses were seen in the U.S., with the […]
The Ontario Teachers’ Pension Plan is entering a joint venture to develop offshore wind projects. In a deal reached with Corio Generation Ltd., the Ontario Teachers’ will receive a 50 per cent stake in the joint venture in exchange for a US$1 billion investment. The funds will be used to develop 14 fixed bottom and floating […]
The Canadian Imperial Bank of Commerce is adding gender affirmation coverage to its benefits program and enhancing existing offerings such as paid parental leave and fertility treatments. The gender affirmation benefit will cover specific gender transition surgeries and procedures not covered by provincial programs to an annual maximum of $10,000 and a lifetime maximum of $25,000, according to […]