With the world in flux amid rising concerns about hurricanes, flooding and wildfires, how will institutional investors rise to the challenges climate change presents? And what opportunities exist along the way? Understanding physical risk Climate change affects every industry worldwide, says Sanjay Wagle, managing director at the Lightsmith Group, an investment firm focused on environmental, […]
While Canadian employers are planning to continue to reward top performers with more generous raises, they also expect increases to remain steady for average employees, according to a new survey by Mercer. The survey projects Canadian salaries will rise by an average of 2.4 per cent in 2018 (up from 2.3 per cent in 2017), […]
Hey Dan, wanna walk down to the boardwalk again?” It’s a muggy June night in New Liskeard, Ont., where my boyfriend is working for the summer, and we’re on a final stroll before my overnight bus ride back to Toronto. I still haven’t packed or eaten dinner but I’m desperate to keep walking. According to […]
What if you could play childhood games at work and be a better employee because of it? Nicole Cairns, health and wellness director at Thorpe Benefits, has run into that exact situation. “Simon was a wellness champion, especially in terms of physical fitness. . . . He took it upon himself to enhance what we […]
A number of lawyers from Hicks Morley Hamilton Stewart Storie LLP have formed a new boutique law firm dedicated to pension, benefits and executive compensation The firm, Brown Mills Klinck Prezioso LLP, will offer a suite of services, including insolvencies and corporate transactions; plan design and restructuring; defined benefit plan de-risking; pension plan administration, governance […]
The third episode of Benefits Canada‘s new podcast, Human Resourcefulness, looks at the role of the human resources manager through Toby Flenderson of The Office. Our experts are blunt — the passive and indiscrete Toby isn’t great at his job. But what do you do when a Toby walks off the screen and into your office? Priya Sarin […]
What are the top challenges plan sponsors face?
While flexible benefits plans are a clear trend among Canadian employers, the range of choices can be daunting for employees. So how much choice is too much? That was a question Pitney Bowes Inc. considered when it redesigned its benefits plan in 2015. As part of the changes, the company trimmed its menu of mix-and-match […]
While the Bank of Canada had long talked down the idea of raising interest rates any time soon, the sentiment changed last month when it announced the economy was now strong enough to handle an increase. The move followed the U.S. Federal Reserve’s decision to raise its key interest rate for the third time in […]
A consultant’s role was historically a passive one, says Martin Leclair, who recently left a role at Toronto-based consulting firm Proteus Performance Management. The consultant’s role centred on the various aspects of developing pension and benefits plans for employers, from choosing fund offerings and implementing target-date options and automatic enrolment to decisions about formularies, step […]