More than a quarter (28 per cent) of Canadian employers say they’re expecting increased employee turnover this year, according to a new survey by Express Employment Professionals. The survey, which polled more than 500 employers, found respondents estimated it costs, on average, $30,674 annually to replace an employee. Fewer than a fifth (15 per cent) said […]
Three-quarters (75 per cent) of global employers say they’re struggling to find talent with the skills they need, according to a new survey by ManpowerGroup. The survey, which polled more than 40,000 employers, found the majority reported difficulty filling open roles, with employers in Japan (85 per cent) and Canada (80 per cent) among the […]
An article on how the Ontario Municipal Employees Retirement System has contributed to the province’s gross domestic product was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the week: 1. OMERS pension benefits accounted for 9.3% of Ontario retirement income in 2023: report […]
The vast majority (89 per cent) of U.S. employees say they’d be more likely to continue working for an employer that offered a retirement plan, according to a new survey by Vestwell Holdings Inc. The survey, which polled more than 1,200 workers, found a similar percentage (89 per cent) expressed some level of interest in […]
Family-building benefits can go a long way in supporting employers’ attraction and retention efforts, says David Krieger, regional vice-president of benefits consulting at BFL Canada. “Employees are looking for their employers to provide more support in all aspects of their lives, including building their families. We’re also seeing surrogacy coverage becoming more prevalent in Canada […]
Two-fifths (42 per cent) of Canadian employees say they’ve already started looking, or plan to look, for a new job in the first half of 2024, up slightly from 41 per cent in July 2023 but down from 50 per cent in December 2022, according to a new survey by Robert Half Canada. The survey, which polled more […]
While more than a third (38 per cent) of U.S. employers are offering employees a paid-time-off bank, up slightly from in 2017 (34 per cent), nearly two-thirds (63 per cent) say most workers don’t use it due to a heavy workload, according to a new survey by the International Foundation of Employee Benefit Plans. The […]
Nearly three-quarters (70 per cent) of global employees say they feel increasingly stressed as their employer has set more aggressive performance goals, with the percentage rising among Canadians (75 per cent), according to a new survey by Dayforce Inc. The survey, which polled more than 8,000 workers across Australia, Canada, Germany, Malaysia, New Zealand, Singapore, […]
While nearly all (96 per cent) Canadian generation Z and millennial employees say they want to work for an employer that encourages workers to share new ideas, only slightly more than half (55 per cent) say their workplace embraces this principle, according to a new survey by the Angus Reid Institute on behalf of Nestle […]
Among the 36 per cent of Canadian employers that say they’ve made changes to their initial 2024 salary budgets, more than half (56 per cent) decreased their budget, according to a new survey by Normandin Beaudry. The survey, which polled more than 400 employers, found the average Canadian salary increase budget for 2024 remained steady […]