Four years after the coronavirus pandemic fuelled increased usage of employee well-being interventions, some employers are questioning whether these support tools are actually beneficial to workers. A recent study by Oxford University’s Wellbeing Research Center found little evidence that these interventions actually provide any benefits to workers. Indeed, the study found there was a “small […]
An article on how a shorter workweek can support higher levels of employee health and happiness was the most-read story on BenefitsCanada.com. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. Four-day workweek improves employee well-being, retention: expert 2. Report finds women taking 69% of all mental-health leaves of […]
With 2024 well underway, it’s important for employers to adapt their strategies in the ever-evolving landscape of employee benefits. Employee expectations continue to evolve and the emphasis on mental health, well-being and personalized benefits continues to grow, requiring plan sponsors to balance innovation with keeping costs in check during uncertain economic conditions. Read: How family-building […]
While medications for three interconnected chronic conditions — cardiovascular disease, diabetes and obesity — represent a growing proportion of employers’ drug spend, there’s plenty that can be done to help employees’ slow the progression of these conditions while managing drug plan costs, said Joyce Wong, director of clinical services at Express Scripts Canada, during Benefits […]
Any employer focused on attracting and retaining great people understands the importance of providing a competitive benefits program that supports employees through all stages of their health and well-being. The Healthcare of Ontario Pension Plan’s annual Canadian employer pension survey found a growing number of businesses are opting to improve benefits as a means to […]
The documentation of formal diversity, equity and inclusion policies and approaches is one of the most significant changes to the Canadian workplace over the last decade. Progress of this magnitude seldom comes quickly. Employers are being asked tough questions about their implementation of the goals they’ve laid out — and they’re not always getting great […]
TD Synnex Canada is modernizing its employee benefits plan by getting the best value for money while still protecting employees from a mental-health and well-being perspective, according to Shana Kapustin, the global information technology company’s senior director of human resources, speaking during an event hosted last week by the Group Insurance and Pharmaceutical Committee. “We’ve gone […]
Amid a challenging labour market, Canadian employers say attraction (64 per cent) and retention (57 per cent) are the top challenges impacting total rewards decisions, according to a new survey by Arthur J. Gallagher & Co. The survey, which polled more than 500 employers, found just a third (29 per cent) were concerned about benefits […]
Three-fifths (60 per cent) of benefits plan sponsors say the costs of their health benefits plan increased in the past three years, according to the 2023 Benefits Canada Healthcare Survey. It found this percentage decreased from 66 per cent when the question was last asked in 2016 and was unchanged from 2015 (60 per cent). […]
A third (34 per cent) of benefits plan members say they’ve received health-care services virtually by phone or computer over the past year, down from 41 per cent in 2022 and 43 per cent in 2021, according to the 2023 Benefits Canada Healthcare Survey. It found members recovering from a major injury (68 per cent) were […]