The average U.S. 401(k) balance decreased to $107,700 in the third quarter of 2023, down four per cent from Q2, but up by 11 per…
Pay transparency legislation is quickly gathering steam in Canada as provincial governments take steps towards shrinking the gender wage gap. Prince Edward Island was first…
Two-thirds (65 per cent) of U.S. employees rank flexible work options as the No. 1 component of compensation beyond salary, down from 71 per cent…
While three-quarters (76 per cent) of U.S. employers say they provide coverage of glucagon-like peptide-1 drugs for diabetes management, about a quarter (27 per cent)…
Two-fifths (38 per cent) of U.S. employees say they haven’t taken a vacation in the past 12 months, according to a new survey by Eagle…
Nearly 50 employers gathered at the Omni King Edward Hotel in Toronto on Oct. 20 for Benefits Canada’s 2023 Healthy Outcomes Conference, a premier event…
When tall poppy syndrome is left to manifest in the workplace, it can have an adverse effect on an organization’s culture and lead to issues…
Many plan members are experiencing risk factors related to poor mental, physical and financial well-being, but often don’t know they can turn to their benefits…
As employers increasingly embrace diversity, equity and inclusion strategies, strong mental-health support can be a key pillar in those efforts, said Joby McKenzie, managing director…
Since menopause often hits women at the peak of their careers and can have an impact on their workplace productivity, employers must re-evaluate their benefits…
Hydro Ottawa Holding Inc. is tailoring its benefits and wellness programs to its unique demographics to more effectively support employee well-being, said Donna Burnett Vachon,…
As Canadians face the dual effects of the rapidly rising cost of living and interest rates, the resulting financial stress has major implications for plan…
As the proportion of Canadians living with one or more chronic disease continues to rise, plan sponsors have the opportunity to provide specific solutions to…
Long before the coronavirus pandemic upended the workplace and impacted absence and disability management, employers have been rethinking these programs by taking a proactive approach.…
British Columbia is introducing new protections for ride-hailing and food delivery app workers including a minimum wage, compensation for expenses and other standards. A minimum…
The Association of Canadian Pension Management is reiterating its support for fully enabling automatic features in retirement savings plans, including defined contribution pensions, group registered…
An article on how the Royal Bank of Canada is marking Financial Literacy Month was the most-read story on BenefitsCanada.com over the last week. Here are…
Contributions to British Columbia-based defined benefit and defined contribution pension plans increased by 10 per cent in 2022, while contributions to target-benefit plans increased by…
There’s a lot going on in the world right now. Across the globe, geopolitical tensions are more elevated than they’ve been in decades, while the…
Hydro Ottawa Ltd. is marking Financial Literacy Month by promoting tools and resources for employees grappling with the rising cost of living, says Donna Burnett…
While one expert says replacement rates vary with income and age, another argues the longstanding 70 per cent benchmark doesn’t actually work. Bonnie-Jeanne MacDonald, director…
By the time Nick Chamie graduated with his first degree in economics in 1992, the Berlin Wall had already fallen and the Soviet Union had ceased…
About a year before the onset of the coronavirus pandemic, Algonquin College updated its disability management program. The timing set the Ottawa-based college up for…
In the institutional investment sector, risk management means thinking about a lot of doom and gloom, but for Danny Ip, the job is more about…
While Portugal is the latest country to jump on the four-day workweek bandwagon, with 39 private sector businesses participating in a five-month program ending this…