Home bonuses

Keyword: bonuses

25 results found

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 […]

Copyright_Marko Kujavic_123RF

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, […]

Latest GM Canada, Unifor deal includes DB pension changes, benefits enhancements

The union representing General Motors of Canada Co. employees in Ontario has ratified a new agreement for workers at a plant in Ingersoll that removes changes to a legacy defined benefit plan as part of ongoing pension discussions. The deal, based on the recent three-year agreement with GM for workers in Oshawa, St. Catharines and Woodstock, […]

Dollar General, other U.S. companies, paying employees to get coronavirus vaccinations

Employees of a U.S.-based chain of discount stores will get four hours of regular pay after they’ve received the coronavirus vaccination. Dollar General Corp. is giving frontline, hourly team members the one-time payment to compensate them for the time taken away from the store to get vaccinated. Meanwhile, salaried team members will get additional store labour hours to […]

  • By: Staff
  • January 15, 2021 January 15, 2021
  • 09:02
Fewer companies planning 2021 salary freezes than last summer: survey

Approximately seven per cent of Canadian companies plan to freeze salaries in 2021, according to a new survey by Normandin Beaudry. It found that while fewer organizations plan to freeze salaries this year compared to last summer (when more than 20 per cent of respondents planned a freeze), the number is still higher than pre-coronavirus pandemic […]

  • By: Staff
  • January 12, 2021 February 16, 2021
  • 09:00

Siemens Canada is paying out $3.4 million in one-time bonuses to Canadian workers in appreciation of their extra work during the coronavirus pandemic. The company said the payments, which will go to all employees apart from senior managers by the end of this year, work out to about $1,550 per eligible employee. Read: Managing the holiday party, bonus […]

Employers creatively celebrating the holiday season amid the coronavirus crisis

‘Tis the season for employers finding unique ways to mark the holiday season during the coronavirus pandemic. When the December holiday season rolls around, Rogers Communication Inc. staff usually work as efficiently as elves to transform the Rogers Centre into a carnival. They arrange for midway rides to sit in the Toronto ballpark and hire […]