Median pay for women occupying the corner office rose to nearly $16 million, according to an annual survey by Equilar Inc. for The Associated Press. Still, experts say there’s much more to be done to improve gender diversity in the corporate ranks and close the pay gap between men and women. Jane Stevenson, vice-chair of […]
Cisco Systems Inc. is exploring shifting a percentage of its Canadian employees’ bonuses into their base pay to help staff contend with the impacts of inflation. The company’s decision comes as workers across the world are finding their paycheques aren’t going as far as they used to amid higher costs of living as a result […]
A majority (92 per cent) of Canadian employees feel they’re at risk of experiencing burnout as the coronavirus pandemic drags on, according to a new survey by Mercer. The survey, which polled 11,000 employers and employees from 16 countries, found 59 per cent of employer respondents are concerned about high employee sickness/absence rates and remote […]
More than two-thirds (71 per cent) of small- and mid-sized U.S. employers said offering more employee benefits helps improve retention, while 70 per cent said benefits help with recruitment efforts, according to a new survey by Principal Financial Services Inc. The survey, which polled more than 1,000 employers, found two-thirds (67 per cent) said employee […]
This summer, KPMG in Canada is helping staff refresh and recharge by making every weekend a long weekend. As the country prepares to enter the third year of the coronavirus pandemic, the professional services firm is giving employees in Canada seven additional paid days off in July and August that will fall on weekends that […]
Manulife Financial Corp. is once again giving $50 to each of its 37,000 global employees in their local currencies to “pay it forward” this holiday season. The organization first introduced the charitable giving program in 2020 during the first holiday season since a global pandemic was declared in lieu of traditional end-of-year company celebration events and gifts. Now, […]
Nordstrom Inc. is ramping up its hiring efforts this holiday season by offering new employees up to $650 in incentive pay. As the busy holiday shopping season kicks off, the retailer, which operates 13 stores across Canada, is hiring seasonal and regular workers at its Nordstrom and Nordstrom Rack stores. In addition to a hiring bonus, hourly and overnight store […]
Whole Foods Market is offering its employees enhanced overtime and bonuses for hours worked during the busy holiday season. The grocery chain, which has 10 stores across Canada, is providing hourly store and facility employees enhanced overtime equivalent to two-times base wage and a one-time “appreciation” bonus for hours worked between Oct. 4, 2021 and […]
Unilever Canada’s holistic approach to supporting employees’ health and well-being throughout the coronavirus pandemic scored the company a win at Benefits Canada’s 2021 Workplace Benefits Awards on Oct. 14. The organization was awarded in the Coronavirus and Benefits category for an employer with fewer than 5,000 employees. Unilever’s global well-being framework is based on four […]
Canadian employers are using bonuses to attract and retain employees in a difficult labour market, according to a new survey by Mercer. Half (50 per cent) of respondents said they’re providing sign-on bonuses for select new non-executive hires. And while 55 per cent aren’t offering retention bonuses, 35 per cent said they’re being provided for […]