Almost all (94 per cent) small- to medium-sized Canadian employers offer a benefits plan, according to a new survey by Humi.
The survey, which polled the organization’s employer clients, found slightly more than a third (42 per cent) of respondents said they’re paying for the full cost of benefits premiums. However, when it comes to crucial benefits such as family leave, just under two-thirds (64 per cent) of employers said they don’t offer a maternity and paternity leave policy above the minimum Employment Standards Act requirement. Among the employers that indicated they provide some sort of top-up, almost half (49 per cent) said it was just slightly above the ESA requirement at 10-25 per cent.
Offering benefits is key these days as “the demand for talent [has] skyrocketed,” said Simon Bourgeois, Humi’s chief executive officer and co-founder, in a press release. “The dial has been turned up with regards to recruiting process speed and hiring packages. It’s not just about salaries anymore. Canadians are recognizing the value of work-life engagement, a better and more robust compensation package and the value of feeling like they belong.”
Only 39 per cent of respondents reported they had a remote work policy before the coronavirus pandemic, while that number more than doubled to 80 per cent once the pandemic started. Meanwhile, a majority (84 per cent) of survey respondents said they plan to return to the office either in a full-time or hybrid capacity. Another 22 per cent said they’re considering moving to a four-day workweek.
Notably, just over two-thirds (67 per cent) of respondents who indicated they’re excited to go back to the office said it was solely due to seeing their co-workers again. And while 18 per cent said they offered “flexible Fridays” in summer 2021, only 12 per cent of those respondents said they’ll continue to offer it going forward.