Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Wed, 29 Nov 2023 20:15:41 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 New incentives could boost satisfaction with in-person work, but few employers are making changes https://www.benefitscanada.com/news/bencan/new-incentives-could-boost-satisfaction-with-in-person-work-but-few-employers-are-making-changes/ Wed, 29 Nov 2023 20:00:40 +0000 https://www.benefitscanada.com/?p=147937 Justin Ryan Horton has two jobs. When he’s not working 24-hour shifts as a firefighter, he’s working as an administrative assistant for a local community college from his home in Colorado Springs, Colo. Firefighting isn’t a work-from-home kind of job, so when the community college position gave him the choice to clock in remotely, he […]

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Canadian employers implementing four-day workweek note increased worker happiness, productivity: report https://www.benefitscanada.com/news/bencan/canadian-employers-implementing-four-day-workweek-note-increased-worker-happiness-productivity-report/ Wed, 29 Nov 2023 14:00:41 +0000 https://www.benefitscanada.com/?p=147882 Nearly all Canadian employers that have implemented a four-day workweek report increased employee happiness (96 per cent) and say they’d continue with this schedule indefinitely (93 per cent), according to a new report by York University. The report, which analyzed responses from around 30 Canadian companies across the public and private sectors that have moved […]

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Survey finds just 14% of near-retirees say they can retire with confidence https://www.benefitscanada.com/pensions/retirement/survey-finds-just-14-per-cent-of-near-retirees-say-they-can-retire-with-confidence/ Wed, 29 Nov 2023 14:00:35 +0000 https://www.benefitscanada.com/?p=147826 Just 14 per cent of near-retirees say they can retire with confidence and only five per cent say they’ve sought financial advice from their employer, according to a new survey by Deloitte. A third (31 per cent) of near-retirees said they’ll need to rely on the Canada Pension Plan or Quebec Pension Plan to sustain their […]

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Average cost of U.S. health benefits per employee rose 5.2% in 2023: survey https://www.benefitscanada.com/benefits/health-benefits/average-cost-of-u-s-health-benefits-per-employee-rose-5-2-in-2023-survey/ Wed, 29 Nov 2023 14:00:32 +0000 https://www.benefitscanada.com/?p=147872 The average per-employee cost of U.S. employer-sponsored health benefits has risen by 5.2 per cent in 2023 to reach US$15,797, according to a new survey by Mercer. The survey, which polled more than 1,900 U.S. employers, found cost increases were highest for employers with 50 to 499 employees (7.8 per cent on average) and these […]

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Coverage of the 2023 Mental Health Summit https://www.benefitscanada.com/events/conference-coverage/coverage-of-the-2023-mental-health-summit/ Wed, 29 Nov 2023 13:00:21 +0000 https://www.benefitscanada.com/?p=147072 On Nov. 7, Benefits Canada hosted its annual Mental Health Summit, the industry’s most popular and well-known conference in this space. Designed for our audience of employers and the advisors who consult with them, this virtual event covered key areas including links to disease impacts, treatment options and much more. Here’s what you missed! Positive work relationships […]

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2023 Mental Health Summit: Positive work relationships can support employee mental health https://www.benefitscanada.com/events/conference-coverage/2023-mental-health-summit-positive-work-relationships-can-support-employee-mental-health/ Wed, 29 Nov 2023 12:59:34 +0000 https://www.benefitscanada.com/?p=147469 Many employees try to carry on with work while dealing with stresses in their personal lives — and many wait too long before sharing their difficulties with their colleagues or managers, said Valérie Fernandez, senior advisor for workplace health best practices and strategic support for group insurance at Beneva Inc., during Benefits Canada’s 2023 Mental Health […]

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2023 Mental Health Summit: How plan sponsors can help address the gender health gap https://www.benefitscanada.com/events/conference-coverage/2023-mental-health-summit-how-plan-sponsors-can-help-address-the-gender-health-gap/ Wed, 29 Nov 2023 12:58:45 +0000 https://www.benefitscanada.com/?p=147660 Canadian women are bearing the brunt of a gender health gap that has led to poor understanding and heightened stigma around their unique health needs and worse physical and mental-health outcomes over time. However, there are ways for employers to help, said Sam Mikail, director of mental-health solutions for group claims at Sun Life Financial Inc., […]

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2023 Mental Health Summit: Integrated disability management programs can shorten leave duration https://www.benefitscanada.com/events/conference-coverage/2023-mental-health-summit-integrated-disability-management-programs-can-shorten-leave-duration/ Wed, 29 Nov 2023 12:57:37 +0000 https://www.benefitscanada.com/?p=147499 In the face of soaring mental health-related disability leaves and broader challenges with access to mental-health care, integrated disability management programs that include early intervention, accommodations and return-to-work supports can help shorten leave durations.  “Having an effective disability management program not only prevents and mitigates the impact of disability leaves on an organization, but it […]

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2023 Mental Health Summit: The connection between sick days and absenteeism, presenteeism https://www.benefitscanada.com/events/conference-coverage/2023-mental-health-summit-the-connection-between-sick-days-and-absenteeism-presenteeism/ Wed, 29 Nov 2023 12:56:21 +0000 https://www.benefitscanada.com/?p=147477 If absenteeism is the tip of the iceberg when it comes to employees’ mental health and well-being, presenteeism is the bulky underwater mass, said William Lindsay, senior disability management advisor at Desjardins Insurance, during Benefits Canada’s 2023 Mental Health Summit. While absenteeism — defined as an employee being repeatedly absent for more than half a day — is […]

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2023 Mental Health Summit: A closer look at intensive outpatient treatment programs for mental health https://www.benefitscanada.com/events/conference-coverage/2023-mental-health-summit-a-closer-look-at-intensive-outpatient-treatment-programs-for-mental-health/ Wed, 29 Nov 2023 12:55:49 +0000 https://www.benefitscanada.com/?p=147487 Many Canadians are dealing with mental-health challenges that require support beyond what’s available through an employee assistance program — that’s where intensive mental-health treatments could help, said Vahed Lokhand, business development operations and strategy at EHN Canada, during a fireside chat at Benefits Canada’s 2023 Mental Health Summit. “There is no one-size-fits-all approach that can work for […]

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