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 […]
North American employees who are part of equity-deserving groups continue to report shortfalls in salary and advancement opportunities compared to other workers, according to a new survey by the Robert Walters Group. The survey, which polled 6,000 workers, found 72 per cent more men than women said they earn a salary of $55,000 or more. […]
The Canada Pension Plan Investment Board is investing up to $40 million in the creation of a real estate investment platform dedicated to purpose-built student accommodation opportunities in Europe. The new group is being created through the CPPIB’s acquisition of Nido Living (which will be a wholly owned but independently-operated portfolio company), as well as its […]
The total premium of U.S. pension risk transfer sales reached US$12.7 billion in the fourth quarter of 2023, a 53 per cent increase from the same period in 2022, according to a report by LIMRA. It found that pension risk transfer sales totalled $45.8 billion in 2023, down 13 per cent from 2022. There were […]
An article on considerations for plan sponsors ahead of the rollout of a new generation of obesity drugs was the most-read article on BenefitsCanada.com. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. What plan sponsors should know ahead of rollout of new obesity drugs in Canada 2. What’s […]
The median solvency ratio of Canadian defined benefit pension plans increased two per cent in the first quarter of 2024, according to a report by Mercer. The report, which tracks more than 450 DB pension plans, found the median solvency ratio grew to 118 per cent, as at March 29, 2024, from 116 per cent […]
The funded ratio of the 100 largest U.S. public defined benefit pension plans rose to 78.6 per cent as of Feb. 29, up from 77.7 per cent at the end of January, according to Milliman Inc.’s latest public pension funding index. Individually, public pension plans returned between an estimated 0.0 per cent to 3.2 per cent […]
Three-quarters (76 per cent) of Canadian employers are mandating employees return to the office partially or full time, citing productivity, team communication and workplace culture as key drivers for the decision, according to a new survey by Cisco Systems Inc. The survey, which polled 150 Canadian employers and 500 employees, found nearly two-thirds (64 per […]
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