The Caisse de dépôt et placement du Québec is participating in a share capital increase deal with Alstom, a sustainable transportation solutions company. The investment organization, which currently holds a 17.4 per cent stake in the company, will receive a pro-rata share of the capital increase for a total amount of €173.8 million. The Caisse […]
The number of Canadian businesses implementing four-day workweek schedules has increased by 34 per cent over the past year, according to a new study by Bright HR Ltd. It found, overall, there was a 25 per cent increase in the number of businesses implementing four-day workweeks in the past year. There was only a slight increase of […]
More than three-quarters (77 per cent) of U.S. workers believe the primary motivation for return-to-office policies is so that employers can exert more control over the activities of their workers, according to a new survey by MyPerfectResume.com. The survey, which polled more than 4,000 workers, found 40 per cent said their employer wants to increase office […]
Unions representing more than 270,000 federal public service workers have filed a series of legal challenges to the federal government’s new mandate requiring its workers to report to the office three days per week. The Public Service Alliance of Canada, the Professional Institute of the Public Service of Canada, the Canadian Association of Professional Employees […]
An article highlighting CGI Group’s initiatives for Mental Health Awareness Month was the most-read story on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. CGI Group promoting mental-health support through compassion tool, employee recognition 2. Gen Z reports worsened communication skills due to remote working, […]
Norway, Sweden and Denmark offer the best parental work-life balance, according to a new study by Remote Technology Inc. The global study assessed the quality of parental work-life balance in 20 nations by analyzing factors like parental leave, annual leave entitlement and childcare costs. It found the Nordic nations had an exceptionally high expenditure on family […]
The funded position of a typical Canadian defined benefit pension plan rose on both a solvency and accounting basis in April, according to Telus Health’s latest pension index. It found the solvency of the average DB plan rose to 106.4 per cent in April, up from 106 per cent in March. The accounting index, which […]
The Mastercard Foundation is launching an asset management company to build and manage a diversified portfolio to help fund its philanthropic mission. The Mastercard Foundation Asset Management Corp. will be overseen by John Barker, who will serve as its chief investment officer. He previously served as CIO at Mass General Brigham and as managing director […]
Nearly two-thirds (61 per cent) of Canadian employees say return-to-worksite mandates impose a financial burden, a percentage that increases to 70 per cent among hybrid workers due to the cost of working remotely and onsite, according to a new survey by Capterra Inc. The survey, which polled 250 Canadian workers, found 81 per cent said […]
Nearly two-thirds (62.3 per cent) of Canadian employees rarely or never access mental-health services and more than three-quarters (78.6 per cent) say they’d access these services at least twice a year if cost wasn’t a factor, according to a new survey by Humi. The survey, which polled nearly 650 employees, found roughly a quarter aspired […]