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Nearly two-thirds (61 per cent) of Canadian employees said they prefer a hybrid or remote working arrangement, according to a new survey by Accenture. It found 37 per cent of Canadian respondents said they feel they can be productive and healthy primarily while working remotely, while another 41 per cent said they can be productive […]

  • By: Staff
  • July 21, 2021 July 21, 2021
  • 09:00

Millennials and generation X are more worried about retirement than older generations in the wake of the coronavirus pandemic, according to a new survey of U.S. workers by the National Institute on Retirement Security. Some 64 per cent of millennials (ages 25 to 43) and 54 per cent of gen-Xers (ages 44 to 55) are […]

  • By: Staff
  • July 20, 2021 July 19, 2021
  • 15:00

Employees choosing to retire or quit could rise in the second half of 2021 alongside the coronavirus pandemic receding, according to a report by the Royal Bank of Canada. The number of retirements in Canada fell about 20 per cent last year compared with the 12 months that ended February 2020, says Andrew Agopsowicz, a […]

Copyright_Olga Yastremska_123RF

Canadian employees’ remote working experiences vary across different generations, according to a new survey by Angus Reid on behalf of ADP Inc. It found while 44 per cent of respondents said they work longer compared to pre-coronavirus pandemic times, 48 per cent of millennials and just 31 per cent of generation Z are clocking extra […]

While 65 has long been considered the traditional retirement age, younger employees face the possibility of working longer. Plan sponsors can learn much from the unique financial journeys taken by different generations toward their eventual golden years. A 2019 Scotiabank investment poll revealed that 68 per cent of Canadians are currently saving for retirement, but […]

Copyright_Sergey Tinyakov _123RF

Young Canadians are increasingly planning their financial futures as the world faces down the second the year of the coronavirus pandemic, according to a new survey by Sun Life Financial Inc. It found that 89 per cent of generation Z (ages 18 to 23) and 80 per cent of millennials (ages 24 to 39) are […]

  • By: Staff
  • March 16, 2021 March 15, 2021
  • 09:00
25% of Canadians cutting back savings, RSPs amid pandemic

Since the World Health Organization declared a global pandemic almost 11 months ago, the resulting economic uncertainty as the coronavirus crisis drags on has resulted in some employees finding it increasingly difficult to save for the future, according to a recent survey. The survey by Ipsos for Toronto Dominion Bank revealed one quarter (25 per […]

  • By: Staff
  • January 28, 2021 April 14, 2021
  • 09:00
Canadians taking fewer holidays, earning less in 2020: report

Canadian employees are seeing significant workplace shifts amid the ongoing coronavirus pandemic, according to a new report by payroll and benefits company Humi. It found employees took 40 per cent less vacation time in 2020 compared to 2019. Meanwhile, the number of sick day requests was “drastically higher” in the months leading up to the […]

  • By: Staff
  • November 20, 2020 November 20, 2020
  • 09:02
Older Canadians coping better than younger demographics in pandemic: study

Despite the coronavirus pandemic’s severe and disproportionate impact on the health of aging adults, older Canadians say they’re coping far better than younger demographics, according to a new study by Edward D. Jones & Co. in partnership with Age Wave, a U.S.-based think tank focused on issues relating to aging populations. The study, which included […]

  • By: Staff
  • August 5, 2020 November 12, 2020
  • 08:45
Retirement age rising for millennials, gen X and boomers: report

Freedom 55? It’s looking more like Freedom 70 for some Canadians, but there are strategies that working baby boomers, generation Xers and millennials can employ now to lower their retirement age, according to a new annual report by Mercer. The report found millennials often opt to invest conservatively in low-risk, short-term investments such as money market […]

  • By: Staff
  • February 25, 2020 November 30, 2020
  • 09:15