While a majority of employers envision a full-time return to the office post-coronavirus pandemic, many also plan to introduce flexible working arrangements, according to a new survey by ManpowerGroup Canada. It found 70 per cent of employers said the majority (76 per cent to 100 per cent) of their employees have roles that require them […]
A number of Canadian institutional investors, including the British Columbia Investment Management Corp., the British Columbia Municipal Pension Plan, the Caisse de dépôt et placement du Québec and the Investment Management Corp. of Ontario, are among 457 signatories of a statement calling on governments around the globe to take accelerated action to combat the climate […]
A majority of Canadian employees want minimal commuting and flexible work arrangements post-coronavirus pandemic, according to a new survey by Angus Reid on behalf of IWG. Two-thirds (68 per cent) of respondents said they want their commute to be no longer than 30 minutes each way, with 31 per cent preferring a commute of no […]
Amazon.com Inc. is allowing its corporate and technology employees to continue working remotely, even after the coronavirus pandemic restrictions start to lift soon across the U.S. The retail giant said those employees can work remotely two days a week and three days days in the office. In addition, they can work remotely from a domestic […]
Canadians’ health priorities are shifting as the coronavirus pandemic drags on, as claims for medications to treat mental-health conditions continued to rise in 2020, along with claims for specialty drugs designed to treat rarer, yet increasingly chronic diseases, according to Telus Health’s annual drug trends report. There were noticeable shifts in the utilization of mental-health […]
Canadian employees’ remote working experiences vary across different generations, according to a new survey by Angus Reid on behalf of ADP Inc. It found while 44 per cent of respondents said they work longer compared to pre-coronavirus pandemic times, 48 per cent of millennials and just 31 per cent of generation Z are clocking extra […]
The prolonged coronavirus pandemic’s effect on working Canadians’ financial well-being persists, with the stress taking a toll on their savings and their productivity in the workplace, according to a new survey by LifeWorks Inc. Although Canadian workers’ financial well-being score for April is negative 2.2, a slight improvement from February’s negative 2.8, the survey found […]
An economist says the recent decision by Air Canada executives to voluntarily give back their bonuses is an incredibly rare case of an about-face on compensation from a company. David Macdonald, a senior economist with the Canadian Centre for Policy Alternatives, says it’s unusual for public outcry to be successful in nudging C-suite employees to return their […]
Over the past several months, much attention has been paid to the coronavirus pandemic’s impact on financial markets and, subsequently, defined benefit pension plans’ financial conditions — but what about the potential financial implications arising from the virus’ effect on mortality rates? The mortality assumption When performing a pension plan’s actuarial valuation, the actuary uses a […]
With the majority of PCL Construction Ltd.’s workforce continuing to work at its Canada-wide job sites and offices throughout the coronavirus pandemic, the organization’s decisions around its health benefits and pension plan have been to keep rolling. Speaking during a Q&A session to close out Benefits Canada‘s 2021 Benefits & Pension Summit on May 19, […]