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Retirement plan members who engage with their plan digitally have an average retirement account balance 230 per cent higher than those who weren’t engaged ($123,800 versus $51,800), according to a new report by Sun Life Financial Inc. The report, which analyzed data from 1.45 million Sun Life group retirement plan members, found employees who were were digitally engaged are also more […]

  • By: Staff
  • July 16, 2024 July 15, 2024
  • 09:00
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A majority (83 per cent) of U.S. workers say they’re concerned the increasing cost of living will make it harder to save for retirement and more than three-quarters (78 per cent) are concerned inflation will stay high, according to a new survey by the Employee Benefit Research Institute and Greenwald Research. The survey, which polled […]

  • By: Staff
  • July 5, 2024 July 4, 2024
  • 09:00

Amid an uncertain job market and cost-of-living worries, employers can harness the benefits of artificial intelligence to help employees with reskilling and career development, says Candy Ho, professor at Kwantlen Polytechnic University and board chair at non-profit organization CERIC. “I think we’ve got a huge opportunity ahead of us with AI and, not jobs being […]

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Six in 10 (59 per cent) Canadians with an employer-sponsored pension plan say they feel somewhat or very well prepared for retirement, compared to only 34 per cent of respondents without a workplace pension plan, according to a new survey by the Healthcare of Ontario Pension Plan. The survey, which polled 2,000 Canadian employees, found fewer than […]

More than two-thirds (68 per cent) of Canadian employees say the rising cost of food and groceries is heavily affecting their stress levels during work hours, according to a new survey by ADP Canada Co. The survey, which polled more than 1,200 workers, found planning for major expenses (62 per cent) and the rising cost […]

  • By: Staff
  • June 7, 2024 June 6, 2024
  • 15:00
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Nine in 10 (92 per cent) U.S. employees say they need additional financial resources in their employer-sponsored benefits plan, up from 79 per cent in 2022, according to a new survey by BCHR Holdings and Arthur J. Gallagher & Co. The survey, which polled more than 250 employers and roughly 700 employees, found one in […]

  • By: Staff
  • May 30, 2024 May 31, 2024
  • 15:00

Nearly two-thirds (61 per cent) of Canadian employees say return-to-worksite mandates impose a financial burden, a percentage that increases to 70 per cent among hybrid workers due to the cost of working remotely and onsite, according to a new survey by Capterra Inc. The survey, which polled 250 Canadian workers, found 81 per cent said […]

  • By: Staff
  • May 22, 2024 May 22, 2024
  • 15:00

A consultant says location is one of many factors determining pay, while a human resources specialist argues it shouldn’t be a consideration. Cissy Pau, principal consultant, Clear HR Consulting Inc. Work location is certainly a factor to consider when determining pay for remote workers. When conducting compensation benchmarking, it’s common practice to look at pay […]

While employers recognize employee benefits are an important part of attracting and retaining talent, seven in 10 (70 per cent) say it’s impossible to offer all of the benefits that employees are currently demanding, according to a new survey by the Harris Poll on behalf of Express Services Inc. The survey, which polled more than […]

  • By: Staff
  • April 19, 2024 May 3, 2024
  • 09:00

More than two-thirds (69 per cent) of employees say their mental health has stayed the same or worsened in the past year, according to a new survey by Calm.com Inc. The survey polled more than 150 employers and more than 4,000 workers in the U.S., U.K., Germany and India. It also analyzed usage patterns of more […]

  • By: Staff
  • March 18, 2024 March 15, 2024
  • 09:00