In Canada, the year-over-year cost increase for claims under a medical plan on a per-person basis is projected to reach seven per cent in 2023, according to a new report by Mercer. The report, which analyzed responses from more than 200 insurers across 56 countries, found the global year-over-year cost is expected to increase to […]
Meridian Credit Union Ltd. is supporting its employees’ financial wellness by guaranteeing wages of at least $23.15 per hour. The pay rate — which is the Ontario Living Wage Network’s minimum hourly pay recommendation for the Greater Toronto Area — takes effect this week and applies to employees across the province, says Jay-Ann Gilfoy, Meridian’s […]
Two-thirds (68 per cent) of global employers with high levels of employee engagement say they have a well defined diversity, equity and inclusion plan, according to a new survey by Aon. The survey, which polled more than 1,200 benefits and DEI leaders in 55 countries, found while three-quarters (74 per cent) of employers have an […]
Canadian investment managers had $3 trillion in assets using responsible investment strategies as of Dec. 31, 2021, down slightly from the $3.2 trillion reported in 2019, according to a survey by the Responsible Investment Association. The survey, which polled 77 asset managers and 13 asset owners, found more than nine in 10 (94 per cent) respondents are […]
More than two-thirds (68 per cent) of North American employers have a formal diversity, equity and inclusion policy or program, while 60 per cent offer employee education on DEI, according to two separate surveys by Leger Marketing Inc. on behalf of ESG Global Advisors and ACI Argyle Communications Inc. The surveys, which polled more than 70 […]
Fluor Canada Ltd.’s manager of Indigenous relations and DEI discusses the post-coronavirus pandemic workplace, employee resource groups and fishing. Q: What top challenges do you face in your role? A: Employee engagement can be challenging in the post-[coronavirus] pandemic hybrid working model. We’ve come out of a strictly work-from-home circumstance to a hybrid model and, […]
Yelp Inc. is bringing employees together to highlight the link between wellness and diversity, equity and inclusion. “When we think about wellness, [DEI] is a big piece of the puzzle in terms of how we support employees’ whole professional selves,” says Miriam Warren, the technology company’s chief diversity officer. “In the early days, we thought about […]
The Public Sector Pension Investment Board is revealing details about its responsible investment strategy in a new report. PSP Investment’s responsible investment report highlights its efforts to integrate material environmental, social and governance factors into its investment process. It also includes a climate-related financial disclosure based on the recommendations of the task force on climate-related […]
Canadian women are retiring with 78 per cent of the wealth accumulated by Canadian men, slightly better than the global average of 74 per cent, according to a new report by WTW. In North America, it found pay gaps and delayed career progression are the primary drivers of the wealth disparity between men and women, […]
The majority (84 per cent) of Canadian employees say they support a pay transparency law that would require employers to disclose salary ranges in job postings, according to a new survey by Leger Marketing Inc. on behalf of Talent.com. The survey, which polled more than 1,500 employees, found 45 per cent of employees feel they’re […]