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The union representing roughly 3,000 Canadian Pacific Railway Ltd. employees across Canada has ratified a two-year collective agreement that includes pension enhancements and increased benefits. Read: Arconic, Unifor agreement protects workers’ DB pension plan The agreement will allow members of the Teamsters Canada Rail Conference to join CP Rail’s pension improvement accounts and includes a 3.5 per […]

U.S. employers are anticipating health benefits costs will rise by an average of 5.6 per cent per employee in 2023, according to early results from a survey by Mercer. The survey, which polled more than 850 U.S. employers, found if respondents made no changes to their benefits plans, the cost for the largest plans would rise […]

  • By: Staff
  • August 16, 2022 August 15, 2022
  • 09:00
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A recent court ruling that awarded a plaintiff $1.5 million in punitive damages against the Blue Cross Life Insurance Co. of Canada — in connection with its more than six-year denial of long-term disability benefits — could result in increased costs for employer-sponsored benefits plans. “If this sets a precedent, then higher awards will be […]

Nearly three-quarters (73 per cent) of employers have increased their communications emphasis on mental-health and behavioural health offerings in the past two years, according to a new survey by the International Foundation of Employee Benefit Plans. In addition, the survey found 90 per cent of employers said they offer employee assistance programs, 86 per cent […]

  • By: Staff
  • July 27, 2022 July 27, 2022
  • 09:00

The Ontario government is extending its paid sick leave program to March 31, 2023 to ensure employees don’t lose pay if they miss work due to a coronavirus infection. Eligible workers will continue to receive up to $200 a day for a maximum of three days if they need to get tested, vaccinated, receive booster […]

  • By: Staff
  • July 25, 2022 July 25, 2022
  • 15:00
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Nearly two-thirds (63 per cent) of employees say their current benefits package makes them at least somewhat more likely to remain with their employer, according to a new survey by LIMRA. It found 61 per cent of employees who receive more than six benefits reported being satisfied with their benefits package, whereas only a third […]

  • By: Staff
  • July 21, 2022 July 20, 2022
  • 09:00
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Black, Latinx and Asian American-Pacific Islander employees feel less comfortable engaging in mental-health conversations in the workplace than their white colleagues, according to a new survey by the Hartford Financial Services Group Inc. and the National Alliance on Mental Illness. The survey, which polled more than 2,300 U.S. workers, found 48 per cent of white employees are […]

  • By: Staff
  • July 20, 2022 July 20, 2022
  • 15:00

Roughly 2,000 Unifor members at eight Ontario casinos have voted to strike if new pension and benefits agreements can’t be negotiated by midnight on July 22. The union is also seeking to increase in the amount of stable jobs by converting part-time or casual positions into full-time jobs, according to a press release. Read: Pensions, retirement security […]

  • By: Staff
  • July 18, 2022 July 18, 2022
  • 15:00

The union representing 60 employees at the Hilton Garden Inn in Ajax, Ont. has ratified a three-year agreement that includes retirement and benefits gains. The agreement establishes a new group retirement program and adds a fifth week of vacation for members upon reaching 20 years of service. It also includes increases in dental and vision coverage […]

  • By: Staff
  • July 18, 2022 July 15, 2022
  • 09:00
Loyalist College janitors’ new contract includes pension, sick days

The union representing roughly 60 employees at Kleenzone Ltd. in Toronto has ratified a four-year agreement that includes enhanced bereavement leave. The agreement increases bereavement leave from one day to five for employees grieving the loss of a grandchild, mother in law or father in law. It also provides one day of bereavement leave for […]