Starbucks Corp. is aiming to tie its executive compensation to diversity targets beginning in 2021. The move is one of a series of initiatives the coffee chain has pledged to implement in its diversity, equity and inclusion goals and training, which come at a time of social justice unrest in the U.S. Starbucks has committed to […]
The Northwest Territories and Nunavut Workers’ Safety and Compensation Commission is proposing eliminating lifetime pensions and replacing them with a new system that includes earnings loss and retirement benefits. Currently, the North is the only jurisdiction in Canada with a workers’ compensation system that provides pensions for life, according to a review carried out by the WSCC in 2014. […]
Organizations in all Canadian provinces and territories are seeing a drop in their salary increase budgets for 2020, according to a new survey by WorldatWork. Alberta and Saskatchewan (both dropping from 2.8 per cent to 2.3 per cent), the Northwest Territories (from 2.7 per cent to 2.1 per cent), Nunavut (from 2.7 per cent to […]
Saskatchewan refinery workers have ratified a tentative agreement with Federated Co-operatives Ltd., bringing an end to a half-year labour dispute over the company’s defined benefit pension plan. The new seven-year collective agreement for Unifor Local 594 members, who voted 89 per cent in favour, will maintain the DB pension plan and the employer-matched employee savings plan […]
While Foodora announced in April that it’s shutting down its Canadian operations, its Toronto and Mississauga drivers, nevertheless, have voted to join the Canadian Union of Postal Workers, making them the first app-based workforce to unionize. “The truth is free — we are a union and we deserve respect and rights from our employer,” said Iván Ostos, a […]
In the group benefits world, the first rumblings of the effects of the coronavirus pandemic came when plan sponsors started asking, as early as January, about their travel insurance provisions. “Clients were worried about their business travellers and expatriate employees, in China mostly, and afterwards for their employees travelling for their winter vacations,” said Daniel […]
Canadian employers are taking varied approaches to leave, compensation and benefits during the coronavirus pandemic, according to a new survey by Aon. The survey, conducted between April 1 and 3, found two in five employers said they’ve laid workers off temporarily. About a quarter (23 per cent) said they’ve encouraged workers to take annual leave, […]
Canadians on the hunt for a new job want improved benefits and better control over their schedule, according to a new survey by Indeed. The survey, which polled more than 1,000 full-time employees, found 32 per cent said they plan to change jobs within the next one to two years. A quarter said they’ve been actively recruited by another […]
In 2020, Canadian employees are looking for more than just strong compensation, with 76 per cent of respondents citing at least three weeks of vacation, followed by health and dental packages (52 per cent) and opportunities to work from home (43 per cent), according to a new survey by Hays Specialist Recruitment (Canada) Inc. On the employer side, 42 […]
A majority of Canadian employees who are expecting to receive a holiday bonus this year want to put it towards their financial well-being, according to a new survey by Robert Half International. More than a quarter (27 per cent) of the 500 surveyed employees said they’re expecting a bonus this year. Nearly half (47 per cent) […]