cost of living – Benefits Canada.com

70% of employers say it’s impossible to offer all benefits demanded by employees: survey

bwolfe — Fri, 19 Apr 2024 13:00:13 +0000

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 […]

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69% of global employees say their mental health has worsened in the past year: survey

lbailey — Mon, 18 Mar 2024 13:00:48 +0000

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 […]

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Canadians with rent, mortgage payments delaying retirement savings amid rising cost of living: survey

Sadie Janes — Fri, 15 Mar 2024 13:00:05 +0000

Canadian employees who rent or who have mortgage payments are managing economic pressures — like high interest rates and the rising cost of living — by putting off saving for retirement, according to a new survey by Co‑operators Financial Services Ltd. The survey, which polled 1,500 Canadian employees, found 77 per cent of renters said they […]

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55% of Americans worry they won’t have financial security in retirement: survey

bmcgovern — Fri, 01 Mar 2024 14:00:02 +0000

More than half (55 per cent) of Americans say they’re worried they won’t achieve financial security in retirement, according to a new survey by the National Institute on Retirement Security. The survey, which polled more than 1,200 individuals aged 25 and older in the U.S., found more than three-quarters (79 per cent) believed there’s a retirement […]

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71% of Canadian workers say rising cost of living is increasing faster than their income: survey

lbailey — Wed, 28 Feb 2024 14:00:16 +0000

Nearly three-quarters (71 per cent) of Canadian workers say their rising cost of living is increasing faster than their income, according to a survey by Scotiabank. The survey, which polled more than 1,500 employees, found Canadians, on average, worry about their finances for 15 hours a week, up from 10 hours last year. Read: Hydro Ottawa providing […]

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York U academic workers go on strike, citing lack of support amid rising cost of living

lbailey — Mon, 26 Feb 2024 20:00:25 +0000

Nearly 3,000 academic workers at York University are on strike after their union said the university didn’t meet their demand to “address the affordability crisis.” The Canadian Union of Public Employees Local 3903, which represents contract faculty, teaching and graduate assistants, research assistants and part-time librarians, says picket lines went up at 11 a.m. Academic […]

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A quarter of U.S. employers won’t or may not provide raises in 2024: survey

lbailey — Mon, 15 Jan 2024 20:00:21 +0000

Three-quarters (74 per cent) of U.S. employers say they plan to give employees raises in 2024, while 18 per cent are undecided and eight per cent say they won’t offer pay increases, according to a new survey by ResumeBuilder.com. However, the survey, which polled 600 employers, found among respondents planning to give out raises, just […]

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Canada’s 100 highest-paid CEOs earned 246-times more than average employee in 2022: report

Sadie Janes — Tue, 09 Jan 2024 20:00:47 +0000

Canada’s 100 highest-paid chief executive officers — who are overwhelmingly male — were paid an average of $14.9 million in 2022, 246-times more than the average employee wage and setting a new record, according to a new report by the Canadian Centre for Policy Alternatives. It found in 2022, Canadian employees received an average pay […]

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Survey finds fewer Canadian employees working longer hours pre-, post-vacation

Sadie Janes — Wed, 03 Jan 2024 20:00:19 +0000

Nearly a third (30 per cent) of Canadian employees say they aren’t working any extra hours before or after taking a one-week vacation, according to a new survey by ADP Canada Co. The survey, which polled more than 850 workers, found this ‘time-off tax’ — the additional hours worked before and after a week of […]

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