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 […]
A majority (84 per cent) of U.S. employers are planning to make changes to their leave programs in the next two years, according to a new survey by WTW. The survey, which polled more than 500 U.S. employers, found nearly three-quarters of those that have made or plan to make changes cited supporting attraction and […]
An article on the Canadian Life and Health Insurance Association’s priorities for the coming year 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. CLHIA focusing on improving pharmacare, rare disease drug coverage in 2024 2. Majority of Canadian employers expecting […]
An article on the funded position of Canadian defined benefit pension plans was the most-read story on BenefitsCanada.com. Here are the five top HR, benefit, pension and investment stories of the week: 1. Average DB pension plan’s funded position on solvency basis up in November: report 2. Decision raises questions about dependent contractors’ entitlement to reasonable notice […]
A majority (89 per cent) of Canadian employers are expecting to face hiring challenges in 2024, according to a new survey from Express Employment Professionals. It found difficulty in finding qualified candidates (45 per cent) was the No. 1 obstacle cited by employers, followed by increased job market competition (25 per cent), uncompetitive pay (24 […]
Fewer than half (42 per cent) of U.S. employees who worked remotely full time in 2023 say they received a promotion, compared to those who worked in office (55 per cent) or in a hybrid arrangement (54 per cent), according to a new survey by ResumeBuilder.com. The survey, which polled more than 1,100 full-time workers, also […]
Employers can use Bell Let’s Talk Day to normalize talking about mental health and reflect on whether they’re ‘walking the talk,’ says Janet Candido, founder and principal at Candido Consulting Group. “Some employers I work with say, ‘Mental health is important to us,’ but then you might see the executive team rolling their eyes when they […]
More than two-thirds of global employers view the lack of key talent and uncertain economic growth (68 per cent for both) as the top threats to their businesses, according to a survey by Russell Reynolds Associates. The survey, which polled more than 2,500 global board directors, C-suite leaders and next-generation leaders, found 62 per cent of […]
Before new pay transparency legislation takes effect in Ontario, it’s important for employers to ensure their current compensation structure is in order, says Dominic Girard, a senior consultant in compensation at Arthur J. Gallagher and Co. If passed, the legislation would require employers to include expected salary ranges in job postings so candidates are better poised to make informed […]
More than half of Indigenous Canadians working in the information technology sector say they’ve experienced discrimination at their current workplace (59 per cent) and have played down their Indigenous background to fit in better at work (56 per cent), according to a new survey by registered charity ComIT.org. The survey, which polled more than 500 […]