Latest news in Benefits Canada News

75% of investors factoring climate change into investment policies: survey

For three-quarters (75 per cent) of institutional investors, climate change is now central to — or a significant factor in — their investment policies, a…

  • By: Staff
  • March 31, 2022 March 30, 2022
  • 09:00
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Survey finds just 40% of U.S. employers offer mental-health benefits, resources

While 78 per cent of U.S. employees are reporting increased stress levels and feelings of burnout, only 40 per cent said their employer offers mental-health…

  • By: Staff
  • March 30, 2022 March 31, 2022
  • 15:00

Cost of medical plan claims expected to increase in 2022: report

In Canada, the year-over-year cost increase for claims under a medical plan on a per-person basis is projected to reach 8.6 per cent this year,…

  • By: Staff
  • March 30, 2022 March 29, 2022
  • 09:00

Employees rank remote work, salary as top elements of benefits packages: survey

Remote work is considered the second most important element to compensation and benefits packages, ranked only behind salary, according to a new survey by job…

  • By: Staff
  • March 30, 2022 March 29, 2022
  • 09:00

Institutional investors reducing exposure to fixed income: survey

The majority of institutional investors intend to reduce their exposure to fixed income, according to a new survey by Aeon Investments. The survey, which polled…

  • By: Staff
  • March 29, 2022 March 29, 2022
  • 12:30
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Ontario Liberals promising portable drug, dental and mental-health services

Ahead of the upcoming provincial election, Ontario Liberal Leader Steven Del Duca is promising several benefits for employees and employers in his economic platform. The platform,…

  • By: Staff
  • March 29, 2022 March 28, 2022
  • 09:00
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Mental-health apps just one part of support, treatment process

While mental-health apps play an important role in employee benefits offerings, employers must remember apps are the gateway to treatment and not the treatment itself,…

Half of Canadians experiencing one work-related mental-health risk factor

Almost half (48 per cent) of Canadian employees are experiencing at least one work-related mental-health risk factor, according to a new report by Manulife Corp.…

  • By: Staff
  • March 29, 2022 March 28, 2022
  • 09:00

BCI backs consortium buying majority stake in U.K. natural gas provider, CPPIB-backed joint venture funds South Korean data centre

The British Columbia Investment Management Corp. is entering a consortium that’s buying a majority stake in a U.K. natural gas provider. The consortium, which also…

  • By: Staff
  • March 28, 2022 March 28, 2022
  • 15:00

Financial wellness programs should have measurable, tangible impact: study

While many employees say they’re open to using employer-provided financial wellness assistance, some are hesitant, citing lack of trust and a need for employers to…

  • By: Staff
  • March 28, 2022 March 28, 2022
  • 15:00

Sounding Board: Leaders must act with intention to make hybrid work ‘worth it’ for employees

Over the past two years, employees across Canada and around the world have been rethinking the role of work in their lives and what they…

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Gallagher acquiring Montreal-based compensation consultancy

Arthur J. Gallagher & Co. is acquiring Montreal-based compensation consultancy PCI-Perrault Consulting Inc. PCI advises organizations in the design and integration of their compensation and business strategies.…

  • By: Staff
  • March 28, 2022 March 25, 2022
  • 09:00

Return-to-office plans should focus on flexibility, health and safety: experts

As provinces across the country begin removing coronavirus pandemic restrictions over the coming weeks, some employers are already returning employees to their respective workplaces. But…

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Employee feedback key to assessing impact of workplace mental-health supports

While Canadian employers have spent millions of dollars to address and support employee mental health during the coronavirus pandemic, the co-author of a new study…

Top 5 HR, pension and benefits stories of the week

A story on a pilot benefits plan program that provides plan members with access to traditional Indigenous medicines and services was the most read article…

  • By: Staff
  • March 25, 2022 March 25, 2022
  • 09:00
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Private infrastructure investments to top $1 trillion in 2022: report

Assets under management by private infrastructure investors are forecast to reach a record $1.19 trillion in 2022, according to a new report by Boston Consulting…

  • By: Staff
  • March 24, 2022 March 24, 2022
  • 13:16
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Rio Tinto providing all employees with 18 weeks of paid parental leave

Rio Tinto Group is making parental leave more accessible for employees by removing the distinction between primary and secondary caregivers. The policy change — which…

Liberals, NDP to move forward on dental-care program, national pharmacare

An agreement reached between the federal Liberals and New Democrats this week will prioritize work on a dental-care program, national pharmacare and paid leave. The deal…

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Dealing with a workplace pension can be first big investing decision for young people

In the fall of 2021, 39-year-old Krista Lehman quit her job as a program assistant at a Vancouver post-secondary institution to take a mental-health break…

55% of Canadian employers want employees onsite full time: survey

More than half (55 per cent) of Canadians employers say they want their employees to work onsite full time as coronavirus pandemic restrictions ease, according…

  • By: Staff
  • March 23, 2022 March 23, 2022
  • 15:00

Zillennial employees prioritizing environmental, ethical and DEI issues, finds survey

Zillennial employees’ needs are going beyond traditional benefits to include a greater interest in an employer’s stance on environmental and ethical issues (45 per cent),…

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

Survey finds U.S. employees confident about retirement, but inflation, pandemic concerns linger

While the majority (79 per cent) of U.S. employees remain confident they’ll be able to retire when and how they want, a quarter are less…

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

Canadian asset managers trust analysts more, technology less than global peers: report

Compared to their global peers, Canada’s asset managers are more confident in their organizations’ data analysis abilities and less confident in their data management platforms,…

  • By: Staff
  • March 22, 2022 March 22, 2022
  • 12:00
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Canadian employees taking more ‘workcations’ to improve work-life balance

When the winter doldrums set in earlier this year, Scott Taber headed for warmer climes but he didn’t leave work behind. The public relations worker…

First Nations community providing Indigenous wellness benefits to plan members

Sagamok Anishnawbek, a First Nations community in northeastern Ontario, is participating in a pilot benefits plan program that provides plan members with access to traditional…