A majority (81 per cent) of North American organizations are planning for their employees to return to work onsite once the coronavirus pandemic recedes, while 13 per cent are actively considering it and three per cent are not, according to a 2021 survey by Aon. The survey, which polled more than 1,400 organizations in April, […]
The federal government is extending its relief to registered pension plans and deferred salary leave plans by one year to help employers manage and maintain benefits for their employees through the coronavirus pandemic. The draft regulations, initially released on July 2, 2020, are aimed at ensure pension plan sponsors and their beneficiaries have the flexibility they […]
The Caisse de dépôt et placement du Québec is one of two organizations investing a total US$940 million in Phoenix Tower International, a U.S.-based wireless communications infrastructure provider. The investment will fund the company’s expansion in Europe as well as further growth in new and existing markets. The other investor is AMP Capital, an Australia-based […]
Amid the rising pressures and challenges of the shift to remote working as a result of the coronavirus pandemic, employers are adjusting organizational programs to meet evolving business and employee needs, according to a new survey by the Conference Board of Canada. A majority (more than 70 per cent) of employers surveyed said they’ve adjusted […]
Canadians are becoming more confident about their financial situations and are setting more personal financial goals, according to a new survey by BMO Financial Group. It found 37 per cent of survey respondents said they believe their finances have improved recently, with Montreal residents the most likely to express financial optimism (42 per cent), ahead […]
Nine out of 10 traditional paid leave plans in the U.S. include sick leave in 2021, found a survey by XpertHR, a subsidiary of LexisNexis Risk Solutions Group. The survey, which polled more than 600 U.S. organizations earlier this spring, found about half (51 per cent) of these employers said they provide traditional leave plans […]
Multinational employers based in Canada and the U.S. spend significantly more on their benefits packages than those in other regions, according to a new survey by U.K.-based Darwin Technologies Ltd. The benefits management and employee engagement company found more than a quarter (27 per cent) of North American survey respondents said they spend more than […]
Medavie Blue Cross is making a virtual diabetes care management program available to its plan members. In partnership with Roche Diabetes Care Canada and Ellerca Health, the digital program integrates personalized coaching, home delivery of test strips and glucose monitoring to support plan members living with diabetes, pre-diabetes, high blood pressure and/or high cholesterol. The […]
Almost half (49 per cent) of Canadian workers said they value flexibility over hours or location more now than prior to the coronavirus pandemic, while 40 per cent value it the same as pre-pandemic, according to a LinkedIn Corp. survey. The survey, which polled 1,725 employees in Canada in March, found 45 per cent of […]
The Association of Canadian Pension Management is calling for increased clarity regarding Ontario’s rules for the valuation and division of pension payments following a marriage breakdown. In response to a consultation by the Financial Services Regulatory Authority of Ontario, the ACPM recommended the draft guidance document include an example of an exception to the rule […]