Home baby boomers

Keyword: baby boomers

77 results found
Copyright_andreypopov_123RF

Nearly three-quarters (71 per cent) of Canadian workers say their rising cost of living is increasing faster than their income, according to a survey by Scotiabank. The survey, which polled more than 1,500 employees, found Canadians, on average, worry about their finances for 15 hours a week, up from 10 hours last year. Read: Hydro Ottawa providing […]

  • By: Staff
  • February 28, 2024 February 26, 2024
  • 09:00
109095428-123RF

While Canadians, on average, believe they need $1.7 million in retirement, this amount varies among different generations of employees, according to a new survey by the Bank of Montreal. The survey, which polled roughly 1,500 Canadians, found millennials believe they need the most money to retire ($2.1 million), followed by generation Z ($1.6 million), generation […]

  • By: Staff
  • February 16, 2024 February 16, 2024
  • 15:00
Copyright_jirsak_123RF

Two-fifths of U.S. employees say they didn’t receive a raise in the last year and those who did received raises that were 25 per cent lower than in 2022, according to a new survey by BambooHR. The survey, which polled 1,500 employees, found the average pay increase was 4.6 per cent, down from 6.2 per […]

  • By: Staff
  • January 19, 2024 January 19, 2024
  • 15:00
Copyright_fsstock_123RF

Between 2000 and 2022, the average retirement age among Canadians climbed from 61.6 to 64.6, the highest it’s been since 1982, according to data from Statistics Canada. The agency’s June 2023 labour force survey found 22 per cent of Canadians aged 55 to 59 were either partially or completely retired. The same was true of […]

  • By: Kim Siddall
  • December 18, 2023 December 18, 2023
  • 09:00

With more than 40,000 employees across the country, Amazon Canada is a microcosm of the wider national workforce. Comprising five generations, the online retailer’s workers represent a wide spectrum of savings goals and related challenges. And to support these goals, it has developed a diverse array of options to meet staff at every stage of […]

  • By: Blake Wolfe
  • December 15, 2023 December 14, 2023
  • 08:57
Copyright_peopleimages12_123RF

Nearly half (47 per cent) of Canadian employees say they feel happy with their current job and responsibilities, according to a new survey by ADP Canada. The survey, which polled more than 1,200 employees, found that, on a scale of one to 10, workers reported an average happiness score of 6.8, up from 6.7 in […]

  • By: Staff
  • December 1, 2023 December 3, 2023
  • 15:00

Nearly half (47 per cent) of Canadian employees say a company’s policy on working remotely in a foreign country influences their choice of employer, according to a new survey by travel website Flighthub.com. The survey, which polled more than 2,000 workers, found while millennials were most likely (63 per cent) to agree with this statement, about […]

  • By: Staff
  • November 16, 2023 November 15, 2023
  • 09:00
Copyright_andreypopov_123RF

Just a third (31 per cent) of U.S. employees say their employers has asked for their input on remote and hybrid working arrangements, according to a new survey by Eagle Hill Consulting. The survey, which polled more than 1,300 workers, found half (49 per cent) said they prefer an employer that offers remote and hybrid […]

  • By: Staff
  • November 6, 2023 November 6, 2023
  • 15:00

Defined contribution pension plan members are currently in a different place, especially the younger generations, who are likely feeling as though their financial priorities don’t line up with workplace pensions the way they did for previous generations. “What I’m getting at here is the idea that retirement saving isn’t the undeniable consensus top priority it […]

Among baby boomers with a chronic physical or mental-health condition that requires medication or treatment (49 per cent), a third (32 per cent) have changed or considered changing their retirement plans to pay for health-related costs, according to a new survey by Sun Life Financial Inc. The survey, which polled 750 baby boomers and 750 […]

  • By: Staff
  • November 3, 2023 November 2, 2023
  • 15:00