BIPOC – Benefits Canada.com

Caisse reports more than $53 billion in low-carbon assets

bwolfe — Tue, 16 Apr 2024 13:00:14 +0000

The Caisse de dépôt et placement du Québec is reporting $53 billion in low-carbon assets, including $15 billion in Quebec, representing an overall increase of $35 billion in low-carbon assets since 2017, according to the investment organization’s latest sustainable investing report. It found the investment organization has more than $330 billion in assets with a […]

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Workers from equity-deserving groups say they’re paid less, receive fewer opportunities: survey

bwolfe — Mon, 08 Apr 2024 13:00:44 +0000

North American employees who are part of equity-deserving groups continue to report shortfalls in salary and advancement opportunities compared to other workers, according to a new survey by the Robert Walters Group. The survey, which polled 6,000 workers, found 72 per cent more men than women said they earn a salary of $55,000 or more. […]

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How investment organizations’ DEI strategies are helping attract, support BIPOC talent

bmcgovern — Thu, 22 Feb 2024 14:00:23 +0000

The issues that lay at the root of the social justice unrest of 2020 haven’t dissipated and four years later, many investment organizations are focusing on building up their internal support networks for employees from the Black, Indigenous and people of colour communities, says Sri Vemuri, senior vice-president and national sales manager at Capital Group Canada. “While […]

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Fewer than 40% of Black Americans say they’ve saved enough for retirement: survey

bwolfe — Fri, 16 Feb 2024 14:00:38 +0000

Fewer than four in 10 Black Americans say they’ve saved or are saving enough for retirement according to a new survey by LIMRA. The survey, which polled 3,000 employees, also found Black Americans were less likely than the general population to have invested in a workplace retirement account (37 per cent compared to 46 per […]

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Feds launching web tool to track representation, pay disparity for women, minorities

lbailey — Tue, 06 Feb 2024 20:00:40 +0000

The federal government has launched a new pay transparency website to better illustrate how women, visible minorities, people with disabilities and Indigenous Peoples are represented and paid at federally regulated private sector employers. The new site, called Equi’Vision, provides a visualization that allows users to compare data on workforce representation rates and pay gaps experienced […]

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Survey finds Black Canadians report high levels of racism despite workplace improvements

lbailey — Mon, 05 Feb 2024 20:00:37 +0000

Canadian companies are making uneven progress on efforts to make workplaces more inclusive and equitable for Black workers, according to a survey from KPMG in Canada. The survey, which polled 1,000 employed Canadians who identify as Black, found more than 80 per cent of respondents said employers are making improvements — but a similar proportion said […]

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Half of Canadian BIPOC employees feel uncomfortable or unwelcome at work: survey

Sadie Janes — Thu, 01 Feb 2024 14:00:27 +0000

Roughly half of Black, Indigenous and people of colour employees in Canada report feeling uncomfortable or unwelcome in the workplace, especially those aged 30 to 44, according to a new survey by the Coalition of Innovation Leaders Against Racism. The survey, which polled 500 employees, found many instances of discrimination were disproportionately reported by respondents […]

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My Take: DEI in the workplace begins with re-thinking recruitment processes

lbailey — Wed, 10 Jan 2024 14:00:01 +0000

Achieving a diverse, equitable and inclusive workplace requires a multi-pronged approach that ensures inclusion is embedded into business practices, beginning with traditional recruitment practices. After the social justice movement of 2020 in response to the death of George Floyd, employers across the globe pledged to address systemic racism in the workplace. Indeed, many Canadian employers […]

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2023 CAP Suppliers Report: How are CAPs evolving to meet the financial needs of different generations?

bwolfe — Fri, 15 Dec 2023 13:57:38 +0000

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 […]

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RBC, BMO commit to racial equity audits after shareholder pressure

bwolfe — Tue, 14 Nov 2023 14:00:37 +0000

The Royal Bank of Canada and Bank of Montreal have committed to racial equity audits after facing pressure from shareholders. Jeff Lanthier, a spokesperson from RBC, says the bank will conduct a third-party audit of employment practices next year and another on business practices in 2025. “We remain focused on identifying and helping to address […]

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