Latest news in Benefits Canada News

Copyright_aa3777_123RF

Indeed ending monthly paid mental-health days

Indeed Inc. is cancelling its monthly paid mental-health days, according to a report by Bloomberg. The online hiring company’s ‘YOU Days’ program, which was introduced…

  • By: Staff
  • December 7, 2023 December 6, 2023
  • 09:00

Ontario Teachers’ appointing Pierre Cherki executive managing director of real estate

The Ontario Teachers’ Pension Plan is appointing Pierre Cherki as executive managing director if its new in-house real estate asset group, effective Jan. 22, 2024. In the new role,…

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

How employers can shift younger workers’ ‘soft saving’ mentality to focus on retirement planning

Discouraged with the state of the current economy, more and more younger workers are abandoning saving for retirement and focusing on ‘soft saving.’ Soft saving…

Copyright_andranik2018_123RF

58% of global insurers anticipating health benefits cost increases over next 3 years: survey

More than half (58 per cent) of global insurers say they anticipate higher health benefits costs over the next three years, with the average global…

  • By: Staff
  • December 6, 2023 December 5, 2023
  • 09:00

Survey finds 30% of parents with young children working from home

Nearly a third (30 per cent) of working parents with at least one child aged five or younger worked exclusively from home or had a hybrid…

  • By: Staff
  • December 5, 2023 December 5, 2023
  • 15:00

AIMCo acquiring Australian cattle portfolio company, IMCO adding $2.6BN in portfolio assets

The Alberta Investment Management Corp. is increasing its Australian agriculture portfolio with the acquisition of a cattle management company. The transaction will see the AIMCo…

  • By: Staff
  • December 5, 2023 December 5, 2023
  • 09:30

Meridian continuing to support employee financial well-being with living wage

Meridian Credit Union Ltd. is continuing to support employee financial wellness by raising its guaranteed hourly wage to $23.74. In 2022, the financial company became…

  • By: Sadie Janes
  • December 5, 2023 December 5, 2023
  • 09:00

Survey finds employees experiencing workplace conflict lose average of 55 workdays per year

Canadian employees who are experiencing conflict in the workplace lose an average of 55 workdays in productivity each year, according to Telus Health’s latest mental-health…

  • By: Staff
  • December 4, 2023 December 4, 2023
  • 15:00

53% of world’s largest pension funds say recession is top concern: survey

More than half (53 per cent) of the world’s largest pension funds say the prospect of a global recession is their No. 1 short-term concern…

Copyright_jirsak_123RF

How Ontario pay transparency legislation will impact employers

As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says…

  • By: Sadie Janes
  • December 4, 2023 December 1, 2023
  • 09:00
Copyright_peopleimages12_123RF

Survey finds 47% of Canadian workers happy with current role, responsibilities

Nearly half (47 per cent) of Canadian employees say they feel happy with their current job and responsibilities, according to a new survey by ADP…

  • By: Staff
  • December 1, 2023 December 3, 2023
  • 15:00
Copyright_Mikhail Tsikhanovich_123RF

Union protests N.B.’s plan to transform public sector DB pension plans

The New Brunswick government introduced legislation Wednesday to transfer five of its public sector defined benefit pension plans to shared-risk plans, saying the move will…

Copyright_aberheide_123RF

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

An article on how Desjardins Insurance is supporting employee financial wellness was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular…

  • By: Staff
  • December 1, 2023 November 30, 2023
  • 09:00

Feds’ new tax exemption could drive more employers to leverage employee ownership trusts: expert

A new federal tax exemption for employee ownership trusts could spur retiring business owners to sell their companies to workers, says Jon Shell, managing director…

Caisse invests in audiovisual technology company, Ontario Teachers’ acquires Australian agriculture operator

The Caisse de dépôt et placement du Québec is investing in an audiovisual and entertainment technology company. The investment organization acquired a minority stake in…

  • By: Staff
  • November 30, 2023 November 29, 2023
  • 11:00

World’s 100 largest asset owners’ AUM down 9% in 2022: report

The value of the total assets under management for the world’s 100 largest asset owners declined nine per cent to US$23.4 trillion as of Dec.…

  • By: Staff
  • November 30, 2023 November 30, 2023
  • 09:00
Copyright_pitinan_123RF

New incentives could boost satisfaction with in-person work, but few employers are making changes

Justin Ryan Horton has two jobs. When he’s not working 24-hour shifts as a firefighter, he’s working as an administrative assistant for a local community…

Copyright_galdzer_123RF

Canadian employers implementing four-day workweek note increased worker happiness, productivity: report

Nearly all Canadian employers that have implemented a four-day workweek report increased employee happiness (96 per cent) and say they’d continue with this schedule indefinitely…

  • By: Blake Wolfe
  • November 29, 2023 November 28, 2023
  • 09:00
Copyright_aiblondy_123RF

Survey finds just 14% of near-retirees say they can retire with confidence

Just 14 per cent of near-retirees say they can retire with confidence and only five per cent say they’ve sought financial advice from their employer, according…

  • By: Staff
  • November 29, 2023 November 28, 2023
  • 09:00

Average cost of U.S. health benefits per employee rose 5.2% in 2023: survey

The average per-employee cost of U.S. employer-sponsored health benefits has risen by 5.2 per cent in 2023 to reach US$15,797, according to a new survey…

  • By: Staff
  • November 29, 2023 November 28, 2023
  • 09:00

Coverage of the 2023 Mental Health Summit

On Nov. 7, Benefits Canada hosted its annual Mental Health Summit, the industry’s most popular and well-known conference in this space. Designed for our audience of employers…

2023 Mental Health Summit: Positive work relationships can support employee mental health

Many employees try to carry on with work while dealing with stresses in their personal lives — and many wait too long before sharing their…

2023 Mental Health Summit: How plan sponsors can help address the gender health gap

Canadian women are bearing the brunt of a gender health gap that has led to poor understanding and heightened stigma around their unique health needs and…

2023 Mental Health Summit: Integrated disability management programs can shorten leave duration

In the face of soaring mental health-related disability leaves and broader challenges with access to mental-health care, integrated disability management programs that include early intervention,…

2023 Mental Health Summit: The connection between sick days and absenteeism, presenteeism

If absenteeism is the tip of the iceberg when it comes to employees’ mental health and well-being, presenteeism is the bulky underwater mass, said William…