Almost two years into the global coronavirus pandemic, more than a third (35 per cent) of working Canadians are feeling burned out, according to a new survey commissioned by Canada Life’s Workplace Strategies for Mental Health and conducted by Mental Health Research Canada. The study measured a range of factors related to how employees are […]
Women in the U.S. with newly-minted bachelor’s degrees earn an average of US$52,266, compared to $64,022 earned by their male peers, according to a new study by the National Association of Colleges and Employers. The gender pay gap at the beginning of women’s careers mirrors the overall pay gap nationally, with the U.S. Bureau of Labor […]
As right-to-disconnect legislation gains steam across Canada and around the world, a story on how employers are dealing with this movement in 2022 took the top spot over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. How employers are focusing on right-to-disconnect movement in 2022 2. DB pensions offer significant […]
A majority (82 per cent) of working Canadians believe employers should provide virtual care services for their employees, according to a survey conducted by Environics Research and sponsored by Dialogue Health Technologies Inc. The survey, which polled more than 1,700 Canadians, found six in 10 said they’d likely use virtual care if it was available […]
The Pension Investment Association is appointing a new chair, vice-chair and secretary-treasurer for 2022. Sean Hewitt, chief executive officer of the Toronto Transit Commission Pension Fund Society, is the organization’s new chair. His previous roles include director of pension assets at the Canadian Pacific Railway Co. and senior analyst of investments at Mercer Canada. Read: How […]
Just over half (51 per cent) of U.S. employees — including 65 per cent of generation Z respondents — agreed employers have a responsibility to help workers improve and maintain financial wellness, according to a new survey by the Teachers Insurance and Annuity Association of America-College Retirement Equities Fund. The survey, which polled more than […]
The Caisse de dépôt et placement du Québec is recapitalizing a U.S.-based medical services provider offering substance use disorders and mental-health treatments. The deal, between the Caisse and Crossroads Treatment Centers, is expected to accelerate the latter’s expansion into new U.S. markets, according to a press release. Private equity firm Revelstoke Capital Partners, another long-term […]
A growing number of institutional investors are pledging to achieve net-zero carbon emissions in their portfolios by 2050, according to a new survey by Cerulli Associates. Nearly a third of asset managers (31 per cent) and institutional asset owners (32 per cent) said they’ve made a formal commitment to a net-zero goal, while another 21 per […]
The average Canadian defined benefit pension plan saw improvements on a solvency and accountancy basis in December, according to LifeWorks Inc.’s latest monthly report. It found the average plan saw its solvency index rise to a new high of 112.1 per cent, up from 110.4 per cent at the end of November. Its balance sheet […]
The Retail Council of Canada is launching a new health benefits program for member retailers. Through the program, called RCC RetailCare, retail employers can offer their employees a range of health and wellness benefits, such as dental, enhanced hospital care, paramedical, prescription drugs and vision coverage. The program can be extended to permanent, part-time employees who work a minimum of […]