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More than 2,000 workers at a Vale nickel mine in Sudbury, Ont., are continuing their strike after their union, United Steelworkers Local 6500, rejected the company’s five-year contract proposal, which cuts health and medical benefits for existing and future employees. The June 14 offer was Vale’s second since the workers went on strike June 1, […]

An economist says the recent decision by Air Canada executives to voluntarily give back their bonuses is an incredibly rare case of an about-face on compensation from a company. David Macdonald, a senior economist with the Canadian Centre for Policy Alternatives, says it’s unusual for public outcry to be successful in nudging C-Suite employees to return their […]

Amazon.com Inc. and Walmart Inc. are offering bonuses to U.S. employees who show proof of a coronavirus vaccination. Amazon is giving $100 to new hires who show proof of vaccination, according to a press release, which noted the company is also offering sign-on bonuses of up to $1,000 in some locations as it hires more […]

  • By: Staff
  • May 26, 2021 May 25, 2021
  • 09:00
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While 74 per cent of Canadian employees said their optimism about the workplace remains unchanged from before the coronavirus pandemic, the ongoing crisis has affected several aspects of employment including work-life balance, according to a new survey by ADP Inc. The survey found 46 per cent of respondents have been forced to make a choice, […]

  • By: Staff
  • May 11, 2021 May 11, 2021
  • 09:00

In recognition of its employees’ efforts during the ongoing coronavirus pandemic, Volkswagen and Germany’s largest industrial union have agreed on a 23-month wage deal that provides a €1,000-euro bonus (approximately $1,501.37 in Canadian dollars), as well as a 2.3 per cent wage increase that will take effect in January 2022. The deal covers 120,000 workers at […]

Sobeys Inc. is reinstating a lockdown bonus for employees in areas with renewed stay-at-home orders, said a statement by the grocery retailer, which also noted the pay bump is “the right thing to do.” “When regions and cities enter government-mandated lockdowns that close all non-essential retail, we continue to live up to our commitments and […]

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Canadian pension funds are seeing significant cost savings from in-house asset management but are still relying on external managers, according to a new survey from CIBC Mellon. It found among funds that have taken asset management in-house, 66 per cent said they achieved savings. Of those, 91 per cent reported more than 10 per cent […]

  • By: Staff
  • March 3, 2021 March 3, 2021
  • 09:00
Federal employers shouldn’t change employment entitlements during notice period: court

A recent decision from the Ontario Superior Court suggests that federally-regulated employers will be held to the same strict rules as their provincial counterparts in ensuring that termination provisions comply with minimum employment standards. “The decision in Sager v. TFI International Inc. extends courts’ pro-employee interpretation of termination clauses in the context of minimum  standards […]

Hard Rock paying staff cash bonuses to ‘show appreciation’ amid pandemic

Hard Rock Cafe International Inc. is handing out cash bonuses to its workers in several U.S. states to thank them for their efforts during the coronavirus pandemic. “It’s important not to forget the job they’re doing during these difficult times. These are clearly challenging times and this is a way of showing our appreciation,” says Jim […]

Plan sponsors, pension plans taking lessons from 2020 to decade ahead

Following an unprecedented 2020, Canada’s plan sponsors and pension plans are incorporating the lessons of the last year as they prepare for a new decade, according to a recent webinar hosted by Mercer Canada. The coming years will be marked by developments including increased geopolitical tensions and the lingering economic effects of the coronavirus pandemic, […]