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Survey finds 75% of Canadian workers feeling stressed due to aggressive performance goals

Nearly three-quarters (70 per cent) of global employees say they feel increasingly stressed as their employer has set more aggressive performance goals, with the percentage rising among Canadians (75 per cent), according to a new survey by Dayforce Inc. The survey, which polled more than 8,000 workers across Australia, Canada, Germany, Malaysia, New Zealand, Singapore, […]

  • February 12, 2024 February 9, 2024
  • 09:00

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

An article on the Ontario Court of Appeal’s affirmation of a $1.5 million punitive damages award was the most-read article on BenefitsCanada.com this week. Here are the top five human resources, benefits, pensions and investment articles of the past week: 1. Court of Appeal upholds $1.5 million punitive damages award in LTD claims case 2. N.B. transferring 5 public […]

  • February 9, 2024 February 8, 2024
  • 09:00

Survey finds gen Z, millennials seeking supportive, trusting employers

While nearly all (96 per cent) Canadian generation Z and millennial employees say they want to work for an employer that encourages workers to share new ideas, only slightly more than half (55 per cent) say their workplace embraces this principle, according to a new survey by the Angus Reid Institute on behalf of Nestle […]

  • February 8, 2024 February 7, 2024
  • 15:00

Average Canadian DB pension plan returns 8.4% in Q4 2023: report

The average Canadian defined benefit pension plan generated a median return of 8.4 per cent for the fourth quarter of 2023, according to a report by Northern Trust Corp. The report, which tracks DB plans within the Northern Trust Canada universe, found the average Canadian DB plan ended the year with a median 10 per cent return. […]

  • February 8, 2024 February 7, 2024
  • 09:00

36% of employers changing initial 2024 salary budgets: survey

Among the 36 per cent of Canadian employers that say they’ve made changes to their initial 2024 salary budgets, more than half (56 per cent) decreased their budget, according to a new survey by Normandin Beaudry. The survey, which polled more than 400 employers, found the average Canadian salary increase budget for 2024 remained steady […]

  • February 7, 2024 February 6, 2024
  • 15:00

OMERS appointing Celine Chiovitti as chief pension officer

The Ontario Municipal Employees’ Retirement System is appointing Celine Chiovitti as chief pension officer, effective Feb. 6, 2024. In the new role, she’ll continue to oversee 400 employees at the OMERS who provide pension administration for more than 600,000 plan members. Read: OMERS Ventures appointing Michael Yang as managing partner, head of ventures Chiovitti first […]

  • February 7, 2024 February 7, 2024
  • 09:00

CPPIB, Oxford Properties sell two Vancouver office buildings, OMERS closes €750 million term notes offering

The Canada Pension Plan Investment Board and Oxford Properties Group Inc., the real estate arm of the Ontario Municipal Employees’ Retirement System, are selling two downtown office towers in Vancouver for about $300 million, according to reporting by Bloomberg. The investment organizations will sell the buildings, located at 402 Dunsmuir St. and 401 West Georgia […]

  • February 6, 2024 February 5, 2024
  • 11:00

U.K. pension funds increasing allocations to renewable energy infrastructure: survey

A majority (90 per cent) of U.K. pension funds and insurers say they plan to increase allocations to renewable energy infrastructure in the next 12 months, according to a survey from Alpha Real Capital. The survey, which polled U.K. pension funds and insurers that collectively have roughly £360 billion in assets under management, found more […]

  • February 6, 2024 February 5, 2024
  • 11:00

84% of U.S. employers planning to adjust leave programs in the next two years: survey

A majority (84 per cent) of U.S. employers are planning to make changes to their leave programs in the next two years, according to a new survey by WTW. The survey, which polled more than 500 U.S. employers, found nearly three-quarters of those that have made or plan to make changes cited supporting attraction and […]

  • February 5, 2024 February 5, 2024
  • 15:00

20% of Canadian employees worked mostly from home at the end of 2023: Stats Can

The percentage of Canadians working most of their hours from home continued to decline in November 2023 to 20 per cent, from 40 per cent in April 2020 and 30 per cent in January 2022, according to a new report by Statistics Canada. It found while women were more likely than men to work exclusively […]

  • February 5, 2024 February 2, 2024
  • 09:00