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More than half (59 per cent) of generation Z workers and a third (31 per cent) of millennials say they have yet to start saving for retirement, according to a new survey by IG Wealth Management. The survey, which polled more than 1,500 Canadian workers, found 63 per cent of respondents believe $1 million in […]

  • By: Staff
  • February 3, 2023 February 3, 2023
  • 15:00
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More than two-thirds (70 per cent) of millennials say they aren’t saving enough for retirement, while 27 per cent aren’t able to save any money, according to a new survey by Edward Jones Canada. The survey, which polled more than 1,000 employees aged 18 and older, found millennials were most likely to cite debt (21 […]

  • By: Staff
  • November 18, 2022 November 17, 2022
  • 15:00

The FIRE concept — financial independence and retiring early — is gaining traction among younger workers, but as appealing as early retirement may be, it isn’t very realistic given the current economic conditions, according to experts. Bonnie-Jeanne MacDonald, director of financial security research for the National Institute on Ageing at Toronto Metropolitan University, notes the population […]

  • By: Sadie Janes
  • November 18, 2022 November 18, 2022
  • 09:01

Nearly two-thirds (62 per cent) of Canadian pre-retirees say the rising cost of living is preventing them from retiring when they’d like to, up from 56 per cent in 2021, according to a new survey by Fidelity Canada. The survey, which polled more than 1,900 Canadians aged 45 and older, found 55 per cent said […]

  • By: Staff
  • November 17, 2022 November 16, 2022
  • 09:00

The Ottawa Community Housing Corp.’s flexible employee well-being strategy led to a win in the Health/wellness program category for employers with fewer than 1,000 employees at Benefits Canada‘s 2022 Workplace Benefits Awards on Oct. 18. “Our organization is happy about the win because this journey in terms of supporting employee health started about two to three years back,” […]

Nearly all (97 per cent) employees aged 18 to 34 say they’re feeling burned out, according to a new survey by Cigna Corp. The survey, which polled about 12,000 employees from across the globe, found half (51 per cent) of young workers said they don’t feel fully present or engaged in their work and 48 […]

  • By: Staff
  • October 31, 2022 October 28, 2022
  • 09:00

Amid rising inflation, airport hospitality services provider OTG Management is supporting employees’ financial wellness through an earned-wage access card. Nearly a third (30 per cent) of the organization’s Canadian employees have accessed the benefit, which allows employees to access their pay and manage their finances whenever and however they prefer, says Alan House, OTG’s executive […]

Large employers in the U.K. are taking action to help employees in the face of the continuing cost-of-living challenges, according to a new survey by PricewaterhouseCoopers. The top ways employers are intervening to help with rising inflation include focused pay increases for essential workers (53 per cent), additional pay reviews (51 per cent) and one-off […]

  • By: Staff
  • August 30, 2022 August 29, 2022
  • 09:00