While the government didn’t denote any dollar amount to support its efforts to promote gender pay equity, the 2018 federal budget did state that legislation would be forthcoming to improve the situations for women in Canada who work in federally regulated workplaces. The budget, announced Tuesday, illustrated the gender wage gap in two ways: in terms of yearly median […]
Canadians put a big emphasis on vacation time and paid time off when considering a job offer, according to a survey by Accountemps. The staffing firm’s survey asked more than 550 Canadian workers what they consider to be the most important factor, besides salary, when fielding a job offer. Overall, 26 per cent of respondents said vacation or […]
A new group has emerged to oppose the Canadian Life and Health Insurance Association’s new guideline around disclosing compensation paid to intermediaries in group benefits and group retirement services. The National Coalition of Benefit Advisors has taken shape over the past six weeks, according to Robert Taylor, managing director of Vancouver-based TRG Group Benefits & Pensions […]
Advisors are making it clear they want to be a part of the conversation as the Canadian Life and Health Insurance Association develops its new compensation disclosure guideline. “That is an important reason for why we took the immediate step of pushing back the implementation starting date to Jan. 1, 2019, so as to allow for sufficient […]
Canadian companies are projecting a 2.5 per cent increase to salary budgets in 2018, according to a new report from Accompass Inc. However, the level of generosity depends on the size of the company. “Bigger is not better in this situation,” said Anne Peiris, vice-president of compensation at Accompass during a presentation of the survey results at the Toronto Board […]
Canadian employees can expect another modest pay increase in 2018, according to a new survey by Willis Towers Watson. The survey, which polled more than 300 Canadian employers, found the vast majority (94 per cent) are projecting base salary increases for some or all employee groups in 2018, up slightly from 90 per cent in […]
Two groups that represent injured workers in Ontario and a former Ottawa employee have launched legal proceedings against the Workplace Safety & Insurance Board and the provincial government over the treatment of chronic mental stress claims. The application, filed by the Ontario Network of Injured Worker Groups, Injured Workers Consultants and Margery Wardle on June […]
Put off by what they see as exorbitant pay for Mylan executives, some big pension funds are attempting to block the re-election of a number of board members, including chairman and former chief executive officer Robert Coury, who received $100 million last year. The New York City and New York State comptrollers both signed a […]
In 2010, David Styles moved to Alberta from Ontario to work as vice-president of relationship investments for the Alberta Investment Management Corp. While the decision to uproot his life wasn’t easy, Styles says the opportunity to earn a sizeable compensation, if he performed well, was a big draw. The majority would come from AIMCo’s long-term […]
When should a candidate for a job ask about benefits and compensation? It’s a key question many companies and human resource professionals are asking following a high-profile case of an applicant who lost out on a second interview after she asked about benefits and compensation. On March 12, the applicant, Taylor Byrnes, tweeted a screenshot […]