benefits plan design – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 03 May 2024 21:03:19 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 What’s the ROI of employee well-being support tools? https://www.benefitscanada.com/benefits/health-benefits/whats-the-roi-of-employee-well-being-support-tools/ Wed, 03 Apr 2024 13:00:37 +0000 https://www.benefitscanada.com/?p=153767 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 […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-76/ Fri, 15 Mar 2024 13:00:54 +0000 https://www.benefitscanada.com/?p=153160 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 […]

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]]> Expert panel: How plan sponsors are navigating benefits costs, innovations in 2024 https://www.benefitscanada.com/benefits/health-benefits/expert-panel-how-plan-sponsors-are-navigating-benefits-costs-innovations-in-2024/ Wed, 13 Mar 2024 13:00:28 +0000 https://www.benefitscanada.com/?p=153059 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 […]

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]]> Examining the link between cardiovascular disease, diabetes and obesity https://www.benefitscanada.com/events/conference-coverage/examining-the-link-between-cardiovascular-disease-diabetes-and-obesity/ Mon, 22 Jan 2024 12:55:36 +0000 https://www.benefitscanada.com/?p=150584 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 […]

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]]> Sounding Board: Employee feedback, research key to developing and enhancing benefits programs https://www.benefitscanada.com/benefits/health-benefits/sounding-board-employee-feedback-research-key-to-developing-and-enhancing-benefits-programs/ Wed, 03 Jan 2024 14:00:37 +0000 https://www.benefitscanada.com/?p=149578 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 […]

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]]> Expert panel: How employers can align their benefits plan and DEI strategy https://www.benefitscanada.com/expertpanel_/kim-siddall/expert-panel-how-employers-can-align-their-benefits-plan-and-dei-strategy/ Tue, 07 Nov 2023 14:00:13 +0000 https://www.benefitscanada.com/?p=146604 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 […]

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]]> TD Synnex modernizing benefits plan, supporting plan members’ mental health https://www.benefitscanada.com/benefits/health-benefits/td-synnex-modernizing-benefits-plan-supporting-plan-members-mental-health/ Mon, 06 Nov 2023 14:00:45 +0000 https://www.benefitscanada.com/?p=146477 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 […]

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]]> Survey finds majority of employers say attraction, retention increasingly impacting total rewards decisions https://www.benefitscanada.com/news/bencan/survey-finds-majority-of-employers-say-attraction-retention-increasingly-impacting-total-rewards-decisions/ Thu, 05 Oct 2023 13:00:39 +0000 https://www.benefitscanada.com/?p=144805 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 […]

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]]> Survey finds 60% of plan sponsors reporting increased health benefits costs https://www.benefitscanada.com/benefits/health-benefits/survey-finds-60-of-plan-sponsors-reporting-increased-health-benefits-costs/ Mon, 25 Sep 2023 13:00:12 +0000 https://www.benefitscanada.com/?p=143682 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). […]

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]]> 34% of plan members used virtual health-care services in the last year: survey https://www.benefitscanada.com/benefits/health-benefits/34-of-plan-members-used-virtual-health-care-services-in-the-last-year-survey/ Thu, 21 Sep 2023 13:00:28 +0000 https://www.benefitscanada.com/?p=143656 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 […]

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