Latest news in Benefits Canada News

OTG Management using earned-wage access cards to help employees contend with inflation, emergency costs

Amid rising inflation, airport hospitality services provider OTG Management is supporting employees’ financial wellness through an earned-wage access card. Nearly a third (30 per cent)…

76% of benefits plan members say workplace culture encourages health, wellness: BCHS

Three-quarters (76 per cent) of benefits plan members agreed the overall culture or environment of their workplace encourages health and wellness, unchanged from 2021 and…

  • By: Staff
  • September 27, 2022 September 26, 2022
  • 09:00

Canadian base salaries increasing 4% in 2023: survey

Canadian base salaries are set to increase by four per cent in 2023, a percentage that’s comparable to 2022, according to a new survey by LifeWorks…

  • By: Staff
  • September 26, 2022 September 26, 2022
  • 15:00

88% of benefits plan sponsors satisfied with virtual health-care offerings: BCHS

A majority (88 per cent) of benefits plan sponsors are very (34 per cent) or somewhat (54 per cent) satisfied with their organization’s virtual health-care…

  • By: Staff
  • September 26, 2022 September 26, 2022
  • 09:00

Givex retaining employees using remote working policy, productivity tools

Toronto-based financial technology company Givex Corp. is using remote working as a key component of its employee retention strategy. “We’ve found our work-from-home strategy has helped us…

  • By: Sadie Janes
  • September 26, 2022 September 26, 2022
  • 09:00

Report finds U.S. DC plan members remain committed to saving, investing despite financial uncertainty

Defined contribution pension plan members in the U.S. are committed to saving and investing, as only two per cent stopped contributing to their plan in…

  • By: Staff
  • September 23, 2022 September 25, 2022
  • 15:00

Total drug costs, claimants up in 2021: report

Total drug costs grew to $2 billion in 2021, rising steadily from $1.4 billion in 2017, according to Green Shield Canada’s annual drug trends report.…

  • By: Staff
  • September 23, 2022 September 22, 2022
  • 09:00

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

A survey on employee attitudes towards remote working was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories…

  • By: Staff
  • September 23, 2022 September 22, 2022
  • 09:00

Almost half of benefits plan members reporting good overall health in the past year: survey

Nearly half (47 per cent) of Canadian benefits plan members say their health was generally excellent or very good in the past year, up from…

  • By: Staff
  • September 23, 2022 September 22, 2022
  • 09:00
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HOOPP selling Alberta industrial portfolio, BCI investing in home services franchise group

The Healthcare of Ontario Pension Plan’s subsidiary HOOPP Realty Inc. is selling a portfolio of industrial properties to a real estate investment trust. Under the…

  • By: Staff
  • September 22, 2022 September 22, 2022
  • 12:30

Mental-health supports, training on the rise as a fifth of benefits plan members report poor mental health: survey

A fifth (22 per cent) of Canadian benefits plan members report their mental health over the past year was generally poor, more than twice the…

  • By: Staff
  • September 22, 2022 September 21, 2022
  • 09:00
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PIAC providing feedback on potential updates to Alberta’s private sector pension legislation

The Pension Investment Association of Canada is providing feedback on the Alberta government’s consultation draft of potential legislative and policy updates for private sector pension…

  • By: Staff
  • September 22, 2022 September 21, 2022
  • 09:00

StoneRidge Insurance Brokers acquiring benefits consultancy MultiCare Group

Ontario-based StoneRidge Insurance Brokers Corp. is acquiring employee benefits consultancy MultiCare Group. The acquisition will allow StoneRidge to provide a full range of insurance, risk…

  • By: Staff
  • September 21, 2022 September 21, 2022
  • 15:00
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Just 41% of U.S. workers believe employer has achieved pay equity: survey

While nearly three-quarters of U.S. executives (74 per cent) and workers (71 per cent) agree pay equity is a top priority, employees say there’s more…

  • By: Staff
  • September 21, 2022 September 20, 2022
  • 09:00

‘Quiet quitting’ a rallying cry for more focus on work-life balance, employee engagement

While ‘quiet quitting’ has emerged as a serious workplace issue over the last few months, it isn’t a new trend; rather, it’s long been a…

OMERS Private Equity appointing Helen Rattee as managing director, ESG, portfolio thematics

In response to the growing role of environmental, social and governance factors in the Ontario Municipal Employees’ Retirement System’s investing strategy, its private equity arm, OMERS…

  • By: Staff
  • September 20, 2022 September 20, 2022
  • 12:30

Ontario Teachers’ investing in packaging firm, renewable energy platform

The Ontario Teachers’ Pension Plan is investing in a packaging company servicing European and North American businesses, as well as an Indian renewable energy platform.…

  • By: Staff
  • September 20, 2022 September 20, 2022
  • 11:00
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Willful making remote working permanent, allowing staff to work from anywhere

Canadian online estate planning company Willful is making its remote-working policy permanent and allowing employees to work from anywhere they choose. The employer reopened its…

Canadians’ financial well-being on the decline: survey

84% of stressed Canadian employees saving less than 5% of their pay: survey

The majority (84 per cent) of employees who say they’re feeling stressed are saving less than five per cent of their pay, according to a…

  • By: Staff
  • September 20, 2022 September 19, 2022
  • 09:00
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Lussier acquiring HR consultancy Matière Grise

Insurance broker Lussier Inc. is acquiring human resources consultancy Matière Grise. The acquisition will allow the Quebec-based broker to expand its employee benefits consulting services,…

  • By: Staff
  • September 19, 2022 September 19, 2022
  • 15:00
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73% of employees experiencing high or moderate levels of stress: survey

Nearly three-quarters (73 per cent) of employees are experiencing high or moderate levels of stress, according to a new survey by Alight Solutions and Business…

  • By: Staff
  • September 19, 2022 September 16, 2022
  • 09:00
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Survey finds 78% of Canadian employees prefer working from home

More than three-quarters (78 per cent) of Canadian employees say they prefer working from home to their regular workplace, according to a new survey by…

  • By: Staff
  • September 19, 2022 September 16, 2022
  • 09:00

Trusteed pension funds’ assets valued at $2.21TN in Q1: Stats Can

The market value of assets held by Canadian trusteed pension funds decreased 2.9 per cent to $2.21 trillion in the first quarter of 2022, down…

  • By: Staff
  • September 16, 2022 September 16, 2022
  • 15:00
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Survey finds Canadians’ financial well-being continues to decline amid rising inflation

The financial well-being of working Canadians has fallen sharply and is at its lowest point since January 2021, according to LifeWorks Inc.’s latest financial well-being…

  • By: Staff
  • September 16, 2022 September 15, 2022
  • 09:00
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Williams HR Law taking balanced approach in return-to-office strategy

A Markham, Ont. law firm is balancing the needs of employees and clients in its return-to-office strategy. Laura Williams, founder and managing partner of Williams…

  • By: Blake Wolfe
  • September 16, 2022 September 15, 2022
  • 09:00