While global pension plan sponsors’ assets grew by 10 per cent to reach US$63.1 trillion in 2023, this value is still five per cent lower than in 2021, according to a new report by the Organisation for Economic Co-operation and Development. It found this growth was largely attributed to gains in equity markets last year […]
UAP Inc. is supporting employees’ financial wellness and retirement readiness with a new retirement toolkit. The toolkit, which launched this week, explains the company’s retirement savings plans and additional post-employment income sources such as Canada and Quebec Pension Plan benefits, as well as information on adjusting to life in retirement. It also includes resources for […]
When Ontario’s right-to-disconnect legislation came into effect in 2022, York Region was eager to comply as it aligned with the organization’s goals and workplace culture, according to Brittany Dunlop, the region’s manager of wellness and benefits. The legislation, which was originally introduced by the Progressive Conservative Party of Ontario as part of the Working for […]
For institutional investors looking to add some glitz to their portfolio, digital infrastructure may not be the right asset class. Benn Mikula and his colleagues at Cordiant Capital Inc. have a nickname for the group of assets — which includes communications towers, data centres and fibre optics — typically featured in a digital infrastructure portfolio. […]
Although jobs that involve working remotely have been around for decades in some form or another, the coronavirus pandemic brought them front and centre. There are several issues regarding salary and these working arrangements. The first is whether such jobs should be paid the same as the same job in the office. Generally, hybrid and remote […]
Employers that mandate employees return to a five-day, in-office workweek may see workers resigning or ‘quiet quitting,’ says Dror Poleg, an economic historian and former technology and private equity executive. Last month, Andy Jassy, Amazon.com Inc.’s chief executive officer, announced in a memo that employees will be required to work from the office five days […]
A large majority (80 per cent) of Canadian employers feel it’s extremely (36 per cent) or somewhat challenging (44 per cent) to provide benefits in today’s economic climate, according to the 2024 Benefits Canada Healthcare Survey. However, three-quarters (77 per cent) of plan sponsors indicated their health benefits plan was extremely or very important to […]
One chief executive officer acknowledges that employers have made promising progress, while a human resources director argues more work needs to be done. Jodi Kovitz, chief executive officer of the Human Resources Professionals Association I’m heartened by the progress we’ve made towards gender equity in Canada, particularly in leadership roles. Since 2015, the percentage of […]
While hybrid and remote working arrangements can help some employees be more productive, it’s important that employers don’t take a “one-size-fits-all” approach when implementing these policies, says Kristin Bower, a partner and diversity, equity and inclusion consultant at Leda HR. “[Implementing a successful remote working policy] takes intentionality and human connection. . . . It’s […]
Roughly one in ten (11 per cent) of all leaves of absence among U.S. workers in the first quarter of 2024 were due to mental health — a 22 per cent increase from this period last year, according to a new report by ComPsych Corp. The report, which analyzed ComPsych’s absence book of business that […]