Latest news in Benefits Canada News

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U.S. employees say paid commutes, salary increase would encourage return to workplace: survey

The majority (83 per cent) of U.S. employees in a remote working arrangement say they’d be encouraged to return to the office if their commute…

  • By: Staff
  • April 12, 2024 April 12, 2024
  • 15:00

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

An article on how remote and hybrid working arrangements are leading to a ‘Great Exhaustion’ was the most-read story on BenefitsCanada.com. Here are the top five…

  • By: Staff
  • April 12, 2024 April 11, 2024
  • 09:00
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Expert panel: How employers can support neurodiverse workers through benefits, workplace policies

Canadian employers have taken important steps forward on a range of diversity, equity and inclusion matters. That work continues, particularly in the context of neurodiversity,…

Editorial: Turning challenge into opportunity

As I write this column, I’m reflecting on the spectrum of weather I’ve witnessed this past winter. From my office window in southwestern Ontario, I…

Head to Head: Is it time to change the terminology around ESG?

An academic says environmental, social and governance terminology should evolve alongside understanding of the concept, while a consultant favours a focus on substance over form.…

How the WSIB is supporting employee well-being with enhanced, unlimited mental-health coverage

While the coronavirus pandemic may be in the rearview mirror for most employers, the Ontario-based Workplace Safety and Insurance Board knows all too well that…

2024 Group Benefits Providers Report: Leveraging AI to streamline benefits

While there are multiple opportunities for the use of artificial intelligence in the employee benefits space — including making the claims process more efficient and…

How will growing anti-ESG sentiment in the U.S. impact Canadian institutional investors?

A growing wave of opposition to environmental, social and governance factors has turned life in the sustainable finance industry into something of a roller coaster…

How CAAT is supporting its ESG aspirations through responsible investments, team-building

As an institutional investor, Asif Haque knows the Colleges of Applied Arts and Technology Pension Plan has a responsibility to meet the rising challenge of…

How climate change is impacting benefits, employee health

During Canada’s unprecedented 2023 wildfire season, 6,500 individual fires burned more than 18.4 million hectares of land — and wildland firefighters bore the brunt of…

Back to basics on investment glide paths

Simply put, a glide path is a calculation designed to support an employee’s desired retirement timeline through investments in a target-date fund. When an employee…

Q&A with BMO Financial Group’s Vanessa Lewerentz

The organization’s chief inclusion officer discusses building an inclusive learning roadmap, the adoption of AI in the HR space and finding ways to nourish her…

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41% of global employers report attaining full gender equity: survey

Just two-fifths (41 per cent) of global employers say they’ve attained full gender equity, according to a new survey by ManpowerGroup. The survey, which polled…

  • By: Staff
  • April 11, 2024 April 11, 2024
  • 15:00
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Vestcor returns 7.5% for 2023, amid rising inflation, high interest rates

Vestcor Corp. is reporting a 7.5 per cent return for 2023, despite the challenges of rising inflation and high interest rates. The New Brunswick-based investment…

  • By: Staff
  • April 11, 2024 April 10, 2024
  • 11:00
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IMCO returns 5.6% for 2023, driven by public equities

The Investment Management Corp. of Ontario is reporting a net return of 5.6 per cent for 2023, with net assets increasing to $77.4 billion. The…

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Employer matching key to supporting young workers’ retirement readiness: report

Employer-sponsored retirement plans that offer matching contributions can help younger workers retire earlier and with more money, according to a new report by Mercer Canada.…

  • By: Staff
  • April 11, 2024 April 10, 2024
  • 09:00
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New York City pension funds reach deal with RBC over clean energy funding disclosure

The New York City Employees’ Retirement System, Teachers’ Retirement System and Board of Education Retirement System signed an agreement with the Royal Bank of Canada…

  • By: Staff
  • April 10, 2024 April 10, 2024
  • 15:00

93% of employees believe well-being is equally important to salary: survey

The majority (93 per cent) of global employees believe well-being is equally important to salary, a significant increase of 10 per cent year over year,…

  • By: Staff
  • April 10, 2024 April 9, 2024
  • 09:00
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Expert Panel: Why it’s important for employees to take time to recharge

Taking a break is always a good idea for employees, whether it’s a mid-morning stretch, a walk around the block, a lunch break in the…

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Average workday contracted by 15% between 2021 and 2023: report

The average global workday contracted by 15 per cent between the first quarter of 2021 and the fourth quarter of 2023, from nine hours and…

  • By: Staff
  • April 9, 2024 April 8, 2024
  • 15:00

Canadian pension funds seeking diversification in real estate at home, abroad: experts

Significant headwinds in the commercial real estate sector have impacted the number of transactions seen in 2023, leading institutional investors to pursue diversification at home…

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47% of U.S. millennials are moderately confident they’ll save enough for retirement: survey

Nearly half (47 per cent) of U.S. millennials are moderately confident in their ability to accumulate enough retirement savings, according to a new survey by…

  • By: Staff
  • April 9, 2024 April 8, 2024
  • 09:00

Survey finds 57% of Canadian employees would feel happier at work if they got a raise

More than half (57 per cent) of Canadian employees say they’d feel happier in the workplace if they got a raise, according to a new…

  • By: Staff
  • April 8, 2024 April 8, 2024
  • 15:00

Workers from equity-deserving groups say they’re paid less, receive fewer opportunities: survey

North American employees who are part of equity-deserving groups continue to report shortfalls in salary and advancement opportunities compared to other workers, according to a…

  • By: Staff
  • April 8, 2024 April 5, 2024
  • 09:00
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Rise of remote, hybrid working leading employees to a ‘Great Exhaustion,’ says expert

While remote and hybrid working arrangements have revolutionized the modern workplace, they’re also fuelling unrealistic expectations for office communications, leading to what some have coined…