Remote work is considered the second most important element to compensation and benefits packages, ranked only behind salary, according to a new survey by job search site FlexJobs. The survey, which polled more than 1,200 employees, found 77 per cent cited remote work options, compared to 83 per cent of respondents who cited salary. More […]
Ahead of the upcoming provincial election, Ontario Liberal Leader Steven Del Duca is promising several benefits for employees and employers in his economic platform. The platform, announced ahead of the 2022 election campaign, includes providing all Ontario workers with portable drug, dental and mental-health services; matching up to $1,000 in annual retirement savings for long-income earners, […]
Almost half (48 per cent) of Canadian employees are experiencing at least one work-related mental-health risk factor, according to a new report by Manulife Corp. The report also highlighted that 16 per cent of working hours (or 41.2 days) were lost in 2021 due to absences and presenteeism. In addition, mental fatigue was the No. […]
The British Columbia Investment Management Corp. is entering a consortium that’s buying a majority stake in a U.K. natural gas provider. The consortium, which also includes Macquarie Asset Management, will buy a 60 per cent stake in the National Grid’s 7,660-kilometre gas transmission system and metering business for £5.7 billion ($9.37 billion). As part of […]
While many employees say they’re open to using employer-provided financial wellness assistance, some are hesitant, citing lack of trust and a need for employers to be transparent, according to a new study by the U.S.-based Defined Contribution Institutional Investment Association. The DCIIA’s Retirement Research Center, which conducted focus groups that explored low- and moderate-income workers’ […]
Arthur J. Gallagher & Co. is acquiring Montreal-based compensation consultancy PCI-Perrault Consulting Inc. PCI advises organizations in the design and integration of their compensation and business strategies. According to a press release, the company will continue to operate from its current location under the direction of Melanie Jeannotte, chief executive officer of Gallagher’s benefits and human resources consulting division […]
The majority (75 per cent) of Canadians believe it’s a priority for their employers to address mental-health problems in the workplace, according to a new survey by software company Capterra. However, among Canadian small- and medium-sized employers, only 39 per cent said they offer mental-health services to their employees, such as flexible scheduling and wellness […]
Assets under management by private infrastructure investors are forecast to reach a record $1.19 trillion in 2022, according to a new report by Boston Consulting Group and EDHECinfra. Interest in the asset class is being fuelled by significant increases in government infrastructure spending in China, the European Union and the U.S. A few areas are […]
More than half (55 per cent) of Canadians employers say they want their employees to work onsite full time as coronavirus pandemic restrictions ease, according to a new survey by Robert Half. The survey, which polled more than 800 senior managers, found 44 per cent said they support long-term hybrid schedules and employees’ ability to […]
Zillennial employees’ needs are going beyond traditional benefits to include a greater interest in an employer’s stance on environmental and ethical issues (45 per cent), as well as diversity, equity and inclusion (40 per cent), according to a new survey by MetLife Inc. The survey, which defined zillennials as a micro-generation born between 1993 and […]