bonuses – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 26 Apr 2024 20:02:31 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Survey finds 57% of Canadian employees would feel happier at work if they got a raise https://www.benefitscanada.com/news/bencan/57-of-canadian-employees-would-feel-happier-at-work-if-they-got-a-raise-survey/ Mon, 08 Apr 2024 19:00:33 +0000 https://www.benefitscanada.com/?p=154037 More than half (57 per cent) of Canadian employees say they’d feel happier in the workplace if they got a raise, according to a new survey by ADP Canada Co. The survey, which polled more than 1,200 employees, found roughly a third said a bonus would make them happier (35 per cent) or more vacation […]

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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-77/ Fri, 22 Mar 2024 13:00:16 +0000 https://www.benefitscanada.com/?p=153493 An article on how transparency and communication are key for employers planning to pay out executive bonuses 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. Employers paying out executive bonuses can avoid criticism by embracing transparency 2. Survey finds Canadian employers looking […]

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]]> Employers paying out executive bonuses can avoid criticism by embracing transparency https://www.benefitscanada.com/news/bencan/employers-paying-out-executive-bonuses-can-avoid-criticism-by-embracing-transparency/ Wed, 20 Mar 2024 13:00:08 +0000 https://www.benefitscanada.com/?p=152672 Increased sensitivity around executive bonus compensation is pushing employers to prioritize transparency and communication when explaining why bonuses were awarded. The compensation method has seen increased scrutiny after Catherine Tait, CBC/Radio-Canada’s president and chief executive officer, didn’t rule out the deployment of management bonuses right after the public broadcaster announced last December it was cutting […]

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]]> 52% of workers say receiving an annual bonus makes them feel appreciated at work: survey https://www.benefitscanada.com/news/bencan/52-of-workers-say-receiving-an-annual-bonus-makes-them-feel-appreciated-at-work-survey/ Fri, 01 Mar 2024 14:00:50 +0000 https://www.benefitscanada.com/?p=152568 More than half (52 per cent) of workers say receiving an annual bonus makes them feel appreciated at work, according to a new survey by Robert Half International Inc. The human resources consultancy recently conducted a LinkedIn poll that also found employees said trust from their boss (29 per cent) and receiving verbal recognition (16 per cent) […]

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]]> Canada’s 100 highest-paid CEOs earned 246-times more than average employee in 2022: report https://www.benefitscanada.com/news/bencan/canadas-100-highest-paid-ceos-earned-246-times-more-than-average-employee-in-2022-report/ Tue, 09 Jan 2024 20:00:47 +0000 https://www.benefitscanada.com/?p=150096 Canada’s 100 highest-paid chief executive officers — who are overwhelmingly male — were paid an average of $14.9 million in 2022, 246-times more than the average employee wage and setting a new record, according to a new report by the Canadian Centre for Policy Alternatives. It found in 2022, Canadian employees received an average pay […]

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]]> Survey finds fewer Canadian employees working longer hours pre-, post-vacation https://www.benefitscanada.com/news/bencan/survey-finds-fewer-canadian-employees-working-longer-hours-pre-post-vacation/ Wed, 03 Jan 2024 20:00:19 +0000 https://www.benefitscanada.com/?p=149553 Nearly a third (30 per cent) of Canadian employees say they aren’t working any extra hours before or after taking a one-week vacation, according to a new survey by ADP Canada Co. The survey, which polled more than 850 workers, found this ‘time-off tax’ — the additional hours worked before and after a week of […]

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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-66/ Fri, 22 Dec 2023 14:00:16 +0000 https://www.benefitscanada.com/?p=149473 A story about why employers might want to reconsider urging employees to use up their benefits was the most-read story on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investment stories of the past week. 1. Expert warns against urging employees to use up benefits by end of year 2. Worker demand […]

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]]> 45% of Canadian employers awarding larger bonuses than last year: survey https://www.benefitscanada.com/news/bencan/45-of-canadian-employers-awarding-larger-bonuses-than-last-year-survey/ Fri, 15 Dec 2023 14:00:17 +0000 https://www.benefitscanada.com/?p=148779 Nearly all (92 per cent) Canadian employers say they plan to award a year-end bonus to their teams, according to a new survey by Robert Half Canada Inc. The survey, which polled more than 900 employers, found nearly half (45 per cent) said they’re awarding a larger bonus than last year, while two-fifths (39 per […]

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]]> Canadian jurisdictions enacting pay transparency legislation, but more work to be done https://www.benefitscanada.com/human-resources/hr-law/canadian-jurisdictions-enacting-pay-transparency-legislation-but-more-work-to-be-done/ Tue, 21 Nov 2023 14:00:14 +0000 https://www.benefitscanada.com/?p=147431 Pay transparency legislation is quickly gathering steam in Canada as provincial governments take steps towards shrinking the gender wage gap. Prince Edward Island was first to the post with pay transparency provisions in June 2022. While Newfoundland and Labrador’s Pay Equity and Transparency Act received royal assent in November 2022, its pay transparency provisions haven’t […]

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]]> 65% of U.S. employees cite flexible work as top compensation component: survey https://www.benefitscanada.com/news/bencan/65-of-u-s-employees-cite-flexible-work-as-top-compensation-component-survey/ Mon, 20 Nov 2023 20:00:44 +0000 https://www.benefitscanada.com/?p=147420 Two-thirds (65 per cent) of U.S. employees rank flexible work options as the No. 1 component of compensation beyond salary, down from 71 per cent in 2022, according to a new report by the Conference Board Inc. The survey, which polled more than 1,500 workers, found employees in hybrid (68 per cent) and fully remote […]

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