Employers that report high levels of employee recognition can expect increased productivity and decreased rates of absenteeism and safety incidents, according to a new report by Gallup Inc. and Workhuman. The report analyzed data from more than 275 global organizations across 450 research studies, as well as survey responses from more than 7,600 U.S. workers. […]
By focusing on cancer as part of a wider chronic disease management strategy, employers can support employee health while reducing benefits costs, said Chris Bonnett, founder and principal at H3 Consulting, during a webinar hosted by the Canadian Pension and Benefits Institute. While long-term disability plans pay out, on average, $3,500 per month, cancer patients […]
The TD Bank Group is expanding its talent pool through partnerships that tap into the Black Professionals in Tech Network and FDM Group Inc.’s returnship program for technology workers. When the bank was looking to hire more engineers in 2022, it tapped the BPTN to create a recruitment and training program specifically tailored to its […]
Three-quarters (76 per cent) of U.S. defined contribution pension plan sponsors say their plan offers automatic enrolment, according to a new survey by investment consulting firm Callan. The survey, which polled roughly 100 DC plan sponsors, found the vast majority used auto-enrolment for new hires, while far fewer offered this feature for current employees. Half […]
An article on a 2023 budget proposal to require employers to report dental coverage as part of the national dental-care program was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Enhanced national dental plan to require reporting of employer-provided coverage: budget 2. CAAT raising DBplus […]
Even before the coronavirus pandemic, employers were predicting challenges around meeting the demands of unfilled roles in the skilled trades. For the last decade, the trades workforce has been gradually ageing out. Now, tradespeople are retiring at unprecedented rates and it isn’t slowing down. While businesses in the sector have traditionally attracted employees with certain […]
A four-day workweek promotes gender equity in the workplace and enables male employees to help their partners with household duties, says Grace Tallon, director of operations at the Work Time Reduction Center of Excellence. The responsibility for childcare or elder care has traditionally fallen on women, she adds, so shorter workweeks can level the playing […]
U.S. employers are increasingly posting salary ranges for job openings, even in states where it’s not required by law, according to analysts with several major job search websites. Following new legislation in California, Colorado, New York City, Washington and elsewhere, employers across the country are becoming more transparent about pay in order to stay competitive […]
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 […]
Increased flexibility, enhanced digitization and a focus on diversity, equity and inclusion are among the trends shaping 3M Canada’s benefits plan in 2023, says Jacqueline McLennan, a benefits specialist at the company. In particular, 3M’s wellness program offers employees the flexibility to support their personal health and well-being. “We don’t have it narrowed down to only use […]