Whole Foods Market Inc. employees called in sick on Tuesday to demand paid leave for all workers who stay home to self-quarantine during the coronavirus. The U.S.-based employees are also asking for free coronavirus testing for all workers, as well as hazard pay of double the current hourly wage for employees who show up to […]
Sun Life is partnering with telemedicine platform Dialogue to provide its group benefits plan members with free access to a virtual health-care service during the coronavirus pandemic. Lumino Heath Virtual Care, which is a combination of Sun Life’s Lumino Health and Dialogue’s platform, will be available to plan members who have an extended health-care benefits plan […]
Molson Coors Beverage Co. is providing all its North American employees with access to new paid leave programs during the coronavirus crisis. For employees who have to work onsite and are at “high risk for severe outcomes of coronavirus,” the company is offering the option of a voluntary paid leave during the month of April. […]
Recommendations from two provincially appointed special mediators have failed to quell the labour dispute between Federated Co-operatives Ltd. and the union representing its refinery employees. On Sunday, Unifor Local 594 said it filed an unfair labour practice complaint with the Saskatchewan Labour Board in early March, alleging that Co-op undertook a “concerted campaign of psychological attacks on union […]
The federal government is introducing a 75 per cent wage subsidy for companies of any size, charities and non-profits that have seen at least a 30 per cent drop in revenue due to the coronavirus pandemic. The Canada Emergency Wage Subsidy applies to the first $58,700 of an employee’s earnings, up to $847 per week. The goal of […]
To stay on the cutting edge of environmental, social and governance integration, institutional investors have to expand their focus beyond the factors that are material to a company’s operations today and look ahead at what’s around the corner. According to a report by the World Economic Forum, this is becoming an integral part of investors’ analysis. “To […]
La Presse is reducing all of its employees’ salaries by 10 per cent and temporarily lowering the employer’s contribution to the defined contribution pension plan. In a press release, the Quebec-based digital newspaper said this translates to an average 14 per cent pay cut for all employees, including its unionized workforce. “This extraordinary situation is […]
The majority (61 per cent) of global employees believe their employers are preparing them for the future of work and 55 per cent said they trust their organization to reskill them if their job changes as a result of automation, according to Mercer’s 2020 global talents trends survey. However, the survey, which polled more than […]
As U.S. employers look to keep their workers safe and healthy in the face of the global pandemic, they could see their health-care benefits costs jump by as much as seven per cent this year as a result of coronavirus-related testing and treatment, according to an actuarial analysis of self-funded employers by Willis Towers Watson. […]
When it comes to global infrastructure investments, Canadian pension funds are at the forefront. In fact, seven Canadian institutional investors made the list of the top 20 infrastructure investors worldwide, according to a report by Preqin Ltd. “Between them, these top institutions have invested a total of $106 billion in the infrastructure asset class through […]