An article on how Scotiabank is aligning its benefits offerings across global markets was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Scotiabank supporting employee well-being by aligning benefits offerings across global markets 2. Feds consulting on draft amendments to pension legislation for transfer of […]
The concept of employee benefits was established on a foundation built decades ago, when employees worked full time and long term with one employer. Those days are long gone. Temporary, part-time and gig work have become the norm, accounting for 60 per cent of job growth in advanced economies since the 1990s. Gig work is […]
Scotiabank is supporting employee well-being and workplace inclusivity by aligning benefits offerings across its global markets. Employees in the majority of countries where Scotiabank operates will see their benefits aligned with the bank’s global inclusive standard within the next five years, towards a goal of aligning benefits in all markets by the end of 2030. […]
The annual Benefits & Pension Summit, which was hosted virtually on June 1, is the only Benefits Canada event that brings together health benefits and capital accumulation plans in one event. This year, delegates heard the results of Benefits Canada‘s exclusive CAP Member Survey with a panel of experts discussing the findings, case studies from two leading […]
TD Bank Group credits its culture of care for the recent enhancements to its benefits plan. “We place a great amount of emphasis and focus on this, which is a key element of our [employee] promise,” said Susy Michor, the bank’s vice-president of human resources, global retirement benefits and well-being, during Benefits Canada’s 2023 Benefits […]
Since 2016, millennials have made up a larger share of the working population than baby boomers — and today, one in three Canadians of working age is a millennial, according to Charmaine Alexander, senior advisor in disability management at Desjardins Insurance, speaking during Benefits Canada’s 2023 Benefits & Pension Summit in June. A recent survey […]
KPMG in Canada is aiming to achieve leadership representation of 33 per cent women and 26 per cent Black, Indigenous and people of colour by Oct. 1, 2025. The organization’s latest diversity, equity and inclusion report said it reached its 2022 leadership diversity goals — of 30 per cent women and 20 per cent BIPOC […]
Toyota Motor Manufacturing Canada Inc. is providing employees and their dependants with $10,000 in lifetime gender affirmation coverage. The additional coverage complements existing benefits that support transitioning employees, including prescription drug coverage for hormone therapy, mental-health coverage, disability insurance and medical leaves for employees who are recovering from surgeries. The new coverage is also extended to […]
Accenture Canada is reinforcing its commitment to diversity, equity and inclusion during Pride Month and beyond by offering leadership training and mentorship opportunities for all of its LGBTQ2S+ employees and allies. “We not only foster innovation and growth within these spaces, but ensure everyone knows this is a workplace of inclusion and equality,” says Caroline Gayle, […]
While Canada ranks No. 21 out of 146 countries for women’s labour force participation, its wage equality ranking sits at No. 52, according to a new report by the World Economic Forum. It found Canada’s gender pay gap was roughly 17 per cent in comparison to other Organisation for Economic Co-operation and Development member countries. […]