compensation Page 14

Keyword: compensation

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With 57 per cent of Canadian employees expecting flexible working arrangements to continue post-coronavirus pandemic, 54 per cent of Canadian employers are adopting a hybrid working arrangement, according to a new survey by Mercer Canada. The survey found 61 per cent of employees said they prefer to work from home and, currently, 77 per cent […]

  • By: Blake Wolfe
  • September 13, 2021 September 10, 2021
  • 09:00
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The federal government is taking steps to close the gender wage gap with the Pay Equity Act, which came into effect on Aug. 31. The legislation requires federally regulated public and private sector employers to ensure workers receive equal pay for work of equal value, according to a press release, which noted employers have three […]

When the coronavirus pandemic was first declared in March 2020, teleworking was supposed to be a temporary emergency measure. But a year and a half later, its popularity has soared to new heights. Its impact has shaken up the traditional work structure, calling into question certain personal working-from-home choices. For example, since many employees are […]

The federal government says legislation meant to help close the gender wage gap will come into effect on Aug. 31 and be phased in over the next three years. The Pay Equity Act requires federally regulated employers to ensure workers receive equal pay for work of equal value and is meant to help women get […]

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Canada’s new employee stock option tax rules are raising a number of questions for employers, says David Crawford, a partner at Hugessen Consulting Inc. The new rules — part of the 2021 federal budget signed into law on June 29 — include an annual limit of $200,000 that will apply on stock option grants that […]

Almost half (49 per cent) of Canadian employers said they’ve put promotions on hold due to the coronavirus pandemic and, as a result, 61 per cent are worried about staff retention, according to a survey by Robert Half Canada Inc. The drop in promotions hasn’t gone unnoticed by some employees, as a separate poll from […]

  • By: Staff
  • May 4, 2021 May 4, 2021
  • 09:00
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Men and women are unevenly participating in equity compensation plans among private employers, according to new research conducted in the U.S. by Morgan Stanley. The investment bank and financial service company found only 41 per cent of women participated in these plans, compared to 52 per cent of men. And of those individuals who were […]

  • By: Staff
  • March 25, 2021 March 25, 2021
  • 15:00
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 […]

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 April 14, 2021
  • 09:00
Supreme Court decision aggravates termination clause problems for employers

A recent decision from the Supreme Court of Canada suggests the test for employers seeking to limit recovery for unlawful termination damages related to long-term incentive plans may be insurmountable in practice. The mid-October ruling concluded that David Matthews was entitled to a payout under his incentive plan when the company was sold 13 months […]