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The U.K.’s first target-benefit pension plan is providing members with a cost-of-living adjustment that’s 1.2 per cent higher than the consumer price index. Members of the Royal Mail collective pension plan, which was launched in April, will receive a 11.3 per cent increase in their benefits payments. In target-benefit plans, increases are approved by plan […]

  • By: Staff
  • May 23, 2023 May 23, 2023
  • 13:30

With many stressors weighing on employees amid the current economic climate, it’s important for employers to recognize the ‘rage applying’ trend is rooted in workplace mental-health issues, says Paula Allen, global leader of research and client insights at Telus Health. Employees’ hypersensitivity to stress can present itself through interpersonal communications, including expressions of anger and […]

There’s never a drought of challenges for employers and 2023 is proving no different. Today, they’re facing inflation, labour shortages, competition for hiring, high turnover and employee burnout, to name just a few. That’s why it’s no surprise the ball is firmly in employees’ courts. Alongside the interminable rise in the cost of living and […]

As Canadians deal with an uncertain labour market, a public relations professional, who sought out a new job, and a marketing professional, who stayed with her employer, reflect on whether it’s better to stick it out at your current job or find a new one. Aaliyah Corbin, account coordinator at Media Profile A lot of […]


More than half (58 per cent) of U.S. employees say they’re significantly worried about one or more aspects of their personal finances, including saving for retirement and building emergency savings, according to a new survey by John Hancock Financial. In addition, with the market declines across asset classes in 2022, 70 per cent of survey respondents […]

  • By: Staff
  • April 25, 2023 April 24, 2023
  • 09:00
Loyalist College janitors’ new contract includes pension, sick days

Custodial and maintenance workers at Toronto Metropolitan University represented by the Canadian Union of Public Employees are striking after university administration failed to address the rising cost of living and issues with increased employee contributions to the defined benefit pension plan during negotiations. In 2021, the university unilaterally imposed an increase in pension contributions on […]

  • By: Staff
  • April 17, 2023 April 14, 2023
  • 09:00

Millennial workers who rent for their entire careers must save 50 per cent more than homeowners in order to have a sufficient monthly income in retirement, according to a new report by Mercer Canada. The report, which analyzed findings from Mercer’s database, found millennials who rent need to save eight-times their annual salaries to retire […]

  • By: Staff
  • April 14, 2023 April 13, 2023
  • 09:00
Copyright_Olga Yastremska_123RF

While three-quarters (74 per cent) of global employers say the purpose of their internal communications strategy is to shape workplace culture and create a sense of belonging, only 56 per cent believe their employees understand their organization’s strategy, according to a new survey by Arthur J. Gallagher & Co. The survey, which polled more than […]


Nearly three-quarters (70 per cent) of U.S. employees say financial stress negatively impacts their work performance, according to a new survey by YouGov and YuLife Insurance Agency Inc. The survey, which polled more than 1,200 workers, found a third (32 per cent) of all respondents and 42 per cent of employees aged 18 to 35 said financial […]

  • By: Staff
  • March 13, 2023 March 13, 2023
  • 15:00

MVF is supporting its multinational workforce amid rising inflation with a new cost-of-living benefit. The U.K.-based marketing company introduced the new benefit last October, after an employee pulse survey revealed the most helpful financial support would be cash lump sums to help pay for big bills such as rent and utilities, said Hannah Meredith, the […]