The Canada Pension Plan Investment Board is expanding the role of its wholly owned subsidiary Reventus Power as its dedicated global offshore wind platform. The investment organization will consolidate its existing direct and indirect offshore wind holdings into Reventus Power to build on the business’ existing global footprint and support the sector’s significant growth opportunities. To […]
Two-fifths (38 per cent) of Canadian employees say they spend too much time working and half (52 per cent) of these respondents say they work more than 40 hours per week, according to Telus Health’s latest mental-health index. The survey, which polled 3,000 employees, found the average mental-health score among Canadians in February was 63.2, […]
The majority (83 per cent) of U.S. employees in a remote working arrangement say they’d be encouraged to return to the office if their commute was paid by their employer, according to a new survey by software company Ringover. The survey, which polled more than 1,000 workers, found a majority of employees would also willingly […]
Just two-fifths (41 per cent) of global employers say they’ve attained full gender equity, according to a new survey by ManpowerGroup. The survey, which polled more than 40,000 employers in 42 countries, found 52 per cent reported pay equity initiatives are on schedule, while the remaining 48 per cent were behind or had no initiatives. […]
Vestcor Corp. is reporting a 7.5 per cent return for 2023, despite the challenges of rising inflation and high interest rates. The New Brunswick-based investment organization achieved five- and 10-year annualized returns of 6.27 per cent and 6.73 per cent, respectively. In a press release, Vestcor noted these returns ensure its clients continue meeting their […]
The New York City Employees’ Retirement System, Teachers’ Retirement System and Board of Education Retirement System signed an agreement with the Royal Bank of Canada to publicly disclose its financing ratio of low-carbon energy to fossil fuels. The investment organizations are mandating RBC, as well as Citigroup Inc. and JPMorgan Chase & Co., to adhere […]
The majority (93 per cent) of global employees believe well-being is equally important to salary, a significant increase of 10 per cent year over year, according to a recent survey by Gympass. The survey, which polled more than 5,100 employees, found 87 per cent said they’d consider leaving a company that doesn’t focus on employee […]
The average global workday contracted by 15 per cent between the first quarter of 2021 and the fourth quarter of 2023, from nine hours and 52 minutes to nine hours and five minutes, according to a new report by workforce analytics platform ActivTrak. The report analyzed data collected through the platform between 2021 and 2023 […]
Nearly half (47 per cent) of U.S. millennials are moderately confident in their ability to accumulate enough retirement savings, according to a new survey by software company Iralogix Inc. The survey, which polled more than 500 workers between the ages of 28 and 43, found 29 per cent said they have no confidence in their […]
More than half (57 per cent) of Canadian employees say they’d feel happier in the workplace if they got a raise, according to a new survey by ADP Canada Co. The survey, which polled more than 1,200 employees, found roughly a third said a bonus would make them happier (35 per cent) or more vacation […]