Scotiabank is appointing Jason Traetto as vice-president of global pensions and benefits. In the new role, he’ll lead the bank’s commitment to the total well-being of employees and their families while providing inclusive benefits to attract and motivate talent, according to a Scotiabank spokesperson. Read more People Watch news. Prior to joining Scotiabank, Traetto was associate vice-president […]
In the next three years, more than half (57 per cent) of global employers plan to reallocate or rebalance their benefits spend, adding or enhancing some benefits (23 per cent) while reducing or removing others (two per cent), according to a new survey by WTW. The survey, which polled more than 5,500 global employers, found […]
Arina Kharlamova was cradling her two-month-old daughter when an email popped into her inbox that disrupted the calm of her maternity leave. The message invited the Whitby, Ont., woman to a meeting where she was told she was part of a layoff affecting 30 per cent of the staff at the company she worked for. […]
The majority (82 per cent) of Canadian employers say cost is their primary consideration when defining and reviewing benefits, compared to 66 per cent of global organizations, according to a new survey by MBWL International and Normandin Beaudry. The survey, which polled more than 350 employers across 100 countries, found more than half (54 per […]
A respectful workplace (70 per cent), extended health coverage (56 per cent) and flexible work options (42 per cent) are helping Canadian employees feel supported at work, according to ADP Canada Co.’s monthly Happiness@Work index. The organization’s national work happiness score for May was 6.8/10, a 0.1-point increase from April and a 0.2-point increase from […]
More than two-thirds (69 per cent) of Canadian employers operating with a hybrid work model say they’re confident their businesses will grow in 2025, despite economic uncertainty and the pressure of rising costs, according to a new survey by the International Workplace Group. The survey, which polled more than 400 senior business leaders across Canada […]
Canadian employers in sectors that have been hardest hit by the U.S. trade war can support employees’ mental and financial wellness by communicating clearly about the potential impact and available benefits and resources. A recent survey of 400 Canadian employers by Mercer Canada found while half (48 per cent) of all respondents are still determining […]
For employers that are designing a financial wellness program, it’s important to provide a user-friendly, educational, and flexible offering that reflects the diversity of employees’ life stages, says Diana McLachlan, chief people officer at Wealthsimple. “Financial security is at the core of people’s lives, and when companies recognize that and invest in it meaningfully, it […]
U.S. meatpacking workers are getting their first new defined benefit pension plan in nearly 40 years under a contract agreement between Brazil-based JBS, one of the world’s largest meat companies, and an American labour union. The United Food and Commercial Workers union said 26,000 meatpacking workers at 14 JBS facilities would be eligible for the […]
While pay transparency requirements differ across Canada, there are several best practices for employers to ensure equity in the workplace, says Caitlin Hurren, legal counsel at ADP Canada. Provincial pay transparency legislation is gradually being enacted across the country. On Jan. 1, 2026, Ontario-based employers will be required to include total compensation — including base […]