Survey finds half of U.S. workers report gender pay gap
More than half (51 per cent) of U.S. workers say there’s a gender pay gap in their workplaces, up 121 per cent since 2019, according to…
- By: Staff
- March 15, 2023 March 15, 2023
- 15:00
Latest news in Benefits Canada News
How employers can help track down Ontario’s 175,000 missing pension plan members
Ontario-based pension plan sponsors can help reduce the number of missing plan members by examining their communications strategies and maintaining best practices in record keeping…
- By: Sadie Janes
- March 15, 2023 March 15, 2023
- 09:00
Ontario Teachers’ returns 4% for 2022, driven by private equity, inflation-sensitive investments
The Ontario Teachers’ Pension Plan is reporting a total fund net return of four per cent for 2022, driven by strong returns from private equity…
- By: Staff
- March 15, 2023 March 14, 2023
- 09:00
B.C. dropping coronavirus vaccine requirement for provincial public employees
British Columbia is rescinding its policy requiring provincial public servants to be vaccinated against coronavirus, effective April 3. Employees will still be required to be…
- By: The Canadian Press
- March 15, 2023 March 14, 2023
- 09:00
OPTrust posts 2.2% net losses in 2022, remains fully funded
The OPSEU Pension Trust finished 2022 with net assets of $24.642 billion, down 2.2 per cent from the previous year, according to its latest annual…
- By: Gideon Scanlon
- March 14, 2023 March 14, 2023
- 13:00
CPPIB jointly acquiring cloud-based software company, OMERS subsidiary entering debt financing agreements
The Canada Pension Plan Investment Board is jointly acquiring an experience management software provider. The CPPIB and Silver Lake, a private equity firm, will acquire…
- By: Staff
- March 14, 2023 March 14, 2023
- 12:30
Canadian women are 16% less confident about retiring than men: survey
Just over half (52 per cent) of Canadian women say they feel financially confident about retiring at their target age, compared to 68 per cent…
- By: Staff
- March 14, 2023 March 13, 2023
- 09:00
Communication, incentivization key to ‘quiet hiring,’ says expert
As ‘quiet hiring’ becomes more prominent amid a challenging labour market, communication and incentivization are key considerations for employers, says Janet Candido, founder and principal…
- By: Blake Wolfe
- March 14, 2023 March 13, 2023
- 09:00
HOOPP enhancing climate strategy to achieve net zero by 2050
The Healthcare of Ontario Pension Plan is enhancing its climate change strategy to achieve net-zero emissions in its portfolio by 2050. By 2025, the HOOPP…
- By: Staff
- March 14, 2023 March 13, 2023
- 09:00
70% of U.S. employees say financial stress negatively affects work performance: survey
Nearly three-quarters (70 per cent) of U.S. employees say financial stress negatively impacts their work performance, according to a new survey by YouGov and YuLife Insurance…
- By: Staff
- March 13, 2023 March 13, 2023
- 15:00
Report finds diverse asset managers linked to higher investment returns
Investment teams in the top quartile of gender diversity outperform the bottom quartile by 45 basis points yearly in terms of net excess returns, according…
- By: Staff
- March 13, 2023 March 9, 2023
- 09:00
West Fraser Timber, Unifor agreement includes maternity leave top-up, benefits gains
The union representing around 150 employees at West Fraser Timber in Fort Frances, Ont. has ratified a four-year collective agreement that includes multiple benefits gains.…
- By: Staff
- March 13, 2023 March 10, 2023
- 09:00
Majority of Canadian working moms struggling with work-life balance: survey
Two-thirds (65 per cent) of working mothers in Canada are experiencing a difficult mental-health load caused by balancing their work and family responsibilities, according to…
- By: Staff
- March 10, 2023 March 10, 2023
- 15:00
Top 5 HR, benefits, pension and investment stories of the week
An article on how the Canadian Life and Health Insurance Association is collaborating with insurers on suspected benefits fraud investigations was the most-read story on…
- By: Staff
- March 10, 2023 March 9, 2023
- 09:00
Humi supporting workers with employer RRSP match, fertility drug coverage
Humi is supporting employees with an annual $500 employer match to its group registered retirement savings plan and fertility drug coverage. Andrea Bartlett, the human…
- By: Lauren Bailey
- March 10, 2023 March 9, 2023
- 09:00
HOOPP completing sale of pet food company, AIMCo considering geographic diversification
The Healthcare of Ontario Pension Plan and Bedford Capital are finalizing a deal to sell Edmonton-based Champion Petfoods to Ontario-based Mars Petcare Inc. Best known…
- By: Staff
- March 9, 2023 March 9, 2023
- 12:30
Aggregate funded percentage of U.S. MEPPs on the decline: report
The aggregate funded percentage of U.S. multi-employer pension plans dropped to 79 per cent in 2022, from 91 per cent in 2021, according to a…
- By: Staff
- March 9, 2023 March 9, 2023
- 12:00
Survey finds nearly half of U.S. workers experiencing burnout
Nearly half (46 per cent) of U.S. employees say they’re feeling burned out from their jobs, down slightly from 49 per cent in 2022, according…
- By: Staff
- March 9, 2023 March 8, 2023
- 09:00
Maintaining benefits during inflation key to providing stability for employees, says expert
It’s important for employers to maintain workplace benefits during a challenging economic environment in order to provide stability for employees, says Avinash Maniram, group and…
- By: Sadie Janes
- March 9, 2023 March 10, 2023
- 09:00
Demand for international pension, savings plans on the rise: survey
Demand for international pensions and savings vehicles is continuing to grow as employers try to optimize their benefits packages for different groups within their global…
- By: Staff
- March 9, 2023 March 7, 2023
- 09:00
Women powered pandemic shift toward higher paying jobs, but pay gap persists: report
Women have powered a recent shift toward higher-paying and higher-skilled jobs, but a pay gap will persist until they cease being outnumbered by men in…
- By: The Canadian Press
- March 8, 2023 March 8, 2023
- 15:00
AIMCo closing gender equity gap through equitable parental leave, flexible working policies
The Alberta Investment Management Corp. is adjusting its parental leave and flexible working policies to make them more equitable for women employees. Earlier this year,…
- By: Lauren Bailey
- March 8, 2023 March 17, 2023
- 09:00
Just a third of Canadian employers have boards with 40% women: report
Just 34 per cent of Canadian employers had boards with female representation of 40 per cent or more as of October 2022, according to a…
- By: Staff
- March 8, 2023 March 7, 2023
- 09:00
Ontario Teachers’ venture capital arm expects lower private equity valuations in 2023: report
The venture capital arm of the Ontario Teachers’ Pension Plan anticipates that a slowing global economy, interest rate hikes and limited funding opportunities will drive…
- By: Staff
- March 7, 2023 March 7, 2023
- 12:45
CPPIB acquiring stake in fossil fuel producer, Caisse investing in habitat restoration company
The Canada Pension Plan Investment Board is acquiring a 49 per cent stake in one of California’s leading fossil fuel producers. The CPPIB is securing…
- By: Staff
- March 7, 2023 March 7, 2023
- 12:30