Arthur J. Gallagher & Co. is acquiring Montreal-based compensation consultancy PCI-Perrault Consulting Inc. PCI advises organizations in the design and integration of their compensation and business strategies. According to a press release, the company will continue to operate from its current location under the direction of Melanie Jeannotte, chief executive officer of Gallagher’s benefits and human resources consulting division […]
A Toronto-based non-profit organization is compensating prospective employees by paying them for their time during interviews. FoodShare Toronto’s new policy, which took effect March 1, pays interviewees a fixed rate of $75, regardless of the position. In addition, if an interview requires the candidate to complete an assignment or prepare a presentation, they’re also compensated […]
The vast majority of Canadian employers are increasing salaries amid a challenging labour market, according to a new survey by Normandin Beaudry. The survey, which polled 285 Canadian employers, found fewer than 0.5 per cent were planning a salary freeze for 2022 in the late fall of 2021, down from three per cent in the […]
As widespread labour shortages force Canadian companies to re-evaluate their employee recruitment and retention practices, experts say pay transparency is increasingly in the spotlight. Outside of the public sector and unionized shops, salaries in North America have long been considered a private matter between employer and employee. Job postings generally don’t disclose compensation and the issue of […]
The top three factors driving employee retention are benefits (34 per cent), a strong sense of culture (31 per cent) and belief in the senior leadership team (29 per cent), according to a new survey by the Predictive Index. The survey, which polled more than 300 U.S. executives, found career mobility (21 per cent), salary (17 […]
Alberta’s nurses have a new collective bargaining agreement, which includes more mental-health support as the coronavirus pandemic drags on. In addition to more psychological and mental-health supports, the deal includes the creation of a union-employer workload advisory committee, $5 million a year toward recruitment and retention strategies in rural and remote areas and $2.5 million a […]
As Canadian employees face rising inflation and interest rates, C.F. Crozier & Associates Inc. is helping ease employees’ financial worries by offering benefits that appeal to staff at every stage of their lives. The time employees spend at work is just one stop along their personal and professional growth journey, says Nick Mocan, president of Crozier. […]
Women in the U.S. with newly-minted bachelor’s degrees earn an average of US$52,266, compared to $64,022 earned by their male peers, according to a new study by the National Association of Colleges and Employers. The gender pay gap at the beginning of women’s careers mirrors the overall pay gap nationally, with the U.S. Bureau of Labor […]
A Federal Court of Appeal ruling will make it very difficult for executives and employees to treat share transfers from their companies as capital gains rather than income. The decision involved Kitchener, Ont.-based D2L Corp., whose intention was to distribute appreciated shares of the company, held in a trust, to various employees. In turn, the […]
The union representing employees at a Loblaw Co. Ltd. distribution centre in Ajax, Ont. has ratified a new four-year contract that will increase employer contributions to a group registered retirement savings plan. For workers with five or more years of service, the employer’s RRSP contribution match will increase to five per cent from 3.5 per […]