Latest news in Benefits Canada News

Copyright_ jirsak_123RF

78% of Ontario employers say supporting employee mental health, well-being important to company’s success

More than three-quarters (78 per cent) of employers in Ontario believe supporting employee mental health and well-being is important for their organization’s success, according to…

  • By: Staff
  • February 10, 2023 February 10, 2023
  • 09:05
Copyright_aberheide_123RF

Top 5 HR, benefits, pension and investment stories of the week

An article on how much money Canadians think they’ll need in retirement was the most-read story on BenefitsCanada.com over the last week. Here are the five…

  • By: Staff
  • February 10, 2023 February 9, 2023
  • 09:00

Coalition seeking to bring employee ownership trusts to Canada

The Canadian Employee Ownership Coalition is urging the federal government to introduce an employee ownership trust in the next federal budget and to remove tax barriers to…

  • By: Sadie Janes
  • February 10, 2023 February 10, 2023
  • 09:00

86% of U.S. HR professionals worry about current economy’s impact on workers: survey

The vast majority (86 per cent) of U.S. human resources professionals say they’re concerned about the current economic environment’s impact on employees’ mental and financial…

  • By: Staff
  • February 10, 2023 February 9, 2023
  • 09:00
Editorial

Editorial: What’s next for improving workplace mental-health support?

Nearly three years have passed since the coronavirus pandemic became a household name. In some ways, March 11, 2020 — the day the World Health…

Head to head: Should employers increase mental-health coverage or expand the types of health-care professionals in their benefits plans?

Two Canadian employers explain why it’s important to implement a combination of higher coverage and a variety of practitioners under their plans. Elaine Cheung, director…

How 5 employers are ensuring mental health remains a priority

Even though the pandemic phase of the coronavirus crisis may be waning, two winners and three finalists in the 2022 Workplace Benefits Awards’ mental-health categories…

Are workplace mental-health programs evolving beyond the National Standard for Psychological Health and Safety in the Workplace?

Exactly a decade ago this month, Canadian employers were introduced to the National Standard for Psychological Health and Safety in the Workplace — a global…

How are pension funds and other institutional investors approaching investments in 2023?

Amid the unprecedented events of the last three years, the Colleges of Applied Arts and Technology pension plan has remained on course with its investment…

  • By: Blake Wolfe
  • February 10, 2023 February 9, 2023
  • 08:55

High inflation supercharging decumulation challenges

Finance’s toughest problem just got a whole lot trickier, thanks to the quandary of inflation. Legendary economist William F. Sharpe sealed his place in history…

How wellness is guiding employers, employees into the future workplace

After nearly three years mired in the coronavirus pandemic, employers are beginning to put the pieces of their respective workplaces back together, using wellness as…

Revamping, retuning investment allocations at the ATCO’s pension plans

When Tye McAllister was in middle school, he received a life-changing gift from his father — The Wealthy Barber, a practical guide to financial planning…

Q&A with Bell Canada’s Monika Mielnik

The company’s director of DEI, mental health and well-being discusses building a psychologically safe and inclusive workplace and keeping up with her toddler. Q: What…

Caisse acquiring 50% interest in Montreal toll road and bridge network

The Caisse de dépôt et placement du Québec is acquiring a 50 per cent interest in the A25 Concession, a 7.2 kilometre toll road and bridge…

  • By: Staff
  • February 9, 2023 February 9, 2023
  • 12:00

Study finds U.S. public pension plans’ average funding ratio reached 77.8% in 2022

The average funding ratio for U.S. public pension plans increased to 77.8 per cent in 2022 with the majority (68 per cent) of pensions’ revenue…

  • By: Staff
  • February 9, 2023 February 8, 2023
  • 12:00
Copyright_jakkapan_123RF

68% of institutional investors maintaining private market allocations: survey

More than two-thirds (68 per cent) of global institutional investors say they plan to maintain allocations to private markets in line with current targets, despite…

  • By: Staff
  • February 9, 2023 February 8, 2023
  • 09:00

U.S. SMEs say remote, hybrid work impeding employee development: survey

More than two-thirds (69 per cent) of small- and medium-sized employers in the U.S. that offer hybrid (74 per cent) or fully remote working (54…

  • By: Staff
  • February 9, 2023 February 8, 2023
  • 09:00
Copyright_instaphotos_123RF

Just 20% of U.S. employees say they have a best friend at work: survey

Crystal Powers began a new job remotely last February as a medical records supervisor. She has yet to meet two of the five people who…

BluePrint CPAs incentivizing onsite workers with gym membership

BluePrint CPAs is offering a paid gym membership exclusively to its in-office employees as part of the firm’s strategy to encourage a healthy workplace and…

  • By: Sadie Janes
  • February 8, 2023 February 8, 2023
  • 09:00

Survey finds half of employers hiring for new permanent roles in first half of 2023

Half (51 per cent) of employers say they’re planning to hire for new permanent roles in the first half of 2023, up from 40 per…

  • By: Staff
  • February 8, 2023 February 8, 2023
  • 09:00

Canadians believe they need $1.7 million in savings to retire: survey

Canadians say they need $1.7 million in savings in order to retire, a 20 per cent increase from 2020, when Canadians estimated they’d need a…

Copyright_123RF

Canadian DB pension plans see median return of 4.27% in last quarter of 2022: report

Despite the challenging economic environment, Canadian defined benefit pension plans saw a median return of 4.27 per cent in the fourth quarter of 2022, according…

  • By: Staff
  • February 7, 2023 February 8, 2023
  • 11:30

Survey finds majority of employees planning to change jobs in 2023

The majority (81 per cent) of employees say they’re planning to change jobs within the next year, with nearly half (46 per cent) planning to…

  • By: Staff
  • February 7, 2023 February 7, 2023
  • 09:00

81% of U.S. public sector workers worry about retirement savings: survey

The majority (81 per cent) of U.S. public sector employees worry whether they’ll have enough money to last them through retirement, according to a new…

  • By: Staff
  • February 7, 2023 February 6, 2023
  • 09:00
Copyright_stokkete_123RF

Just 25% of employers offering semi-retirement arrangements: survey

Despite an ongoing labour shortage, just a quarter (25 per cent) of Canadian employers offer semi-retirement arrangements, according to a new survey by the Harris…

  • By: Staff
  • February 6, 2023 February 6, 2023
  • 15:00