Three in five (60 per cent) plan members would choose an extra $10,000 in cash per year over their benefits plan, according to the 2025 Benefits Canada Healthcare Survey. The survey asked half of 1,000 plan member respondents whether they’d rather receive their benefits plan or an extra $5,000 in cash per year, while the […]
U.S. employer health-care costs are projected to climb 9.5 per cent in 2026, pushing average plan costs above US$17,000 per employee, according to a new report by Aon. The report draws on the firm’s health value initiative database, which tracks plan costs and designs for more than 1,000 employers covering 7.7 million employees and US$120 […]
An article on amendments to Quebec employment legislation 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 last week: 1. Quebec employment legislation introducing unpaid leave for workers impacted by provincial health, disaster orders 2. HOOPP providing menopause-inclusive workplace through benefits, […]
When updating their benefits program, some employers may be hesitant to cut offerings due to a lack of clarity around which benefits are most valued by employees, says Grant Boissonneault, assistant vice-president and relationship lead at Aon. “While benefits programs are intended to support employee well-being and engagement, organizations often rely on assumptions or outdated […]
U.S. employers are anticipating a median health benefits cost trend of nine per cent in 2026, which could be offset to 7.6 per cent with changes to plan design, according to a new survey by Business Group on Health. The survey, which polled more than 120 employers representing 11.6 million plan members, found, on a […]
Half (51 per cent) of U.S. employers with 500 or more employees say they’re likely or very likely to make plan design changes in 2026 that would shift more costs to employees, such as raising deductibles or out-of-pocket maximums, according to a new survey by Mercer. The survey, which polled more than 500 large-sized companies, […]
An article on the impact of rising benefits costs 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 last week: 1. 73% of employers say rising benefits costs a top issue in 2025: survey 2. 50% of Canadian gen-Zers prefer roles […]
Roughly three-quarters (73 per cent) of Canadian employers say the rising cost of benefits is the No. 1 issue influencing their benefits strategy this year, up significantly from 40 per cent in 2023, according to a new survey by WTW. The survey, which polled more than 145 employers across the public and private sectors, found […]
Canadians rely on programs through their workplaces to help ease the financial burden of fertility challenges, according to Michelle Chidley, co-founder and chair at Fertility Alberta Advocacy and Outreach Association and principal at Aisling Communications Inc. In a session supported by EMD Serono Inc. during Benefits Canada’s 2025 Vancouver Benefits Summit, she said a sixth […]
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 […]