Mental illness and problems with mental health cost employers $20 billion annually, and it’s the cause of one in every three claims for short- and long-term disability, according to a study by the Mental Health Commission of Canada. It’s no wonder mental health remains an area of focus for Canadian employers. While they grapple with how to tackle […]
Bruce Power Ltd. Partnership’s manager of human resources and total rewards shares her view on optimizing the benefits plan, enjoying the great outdoors and employee assistance programs. Q. What are the top challenges you face in your role? A. Getting employees to be active participants in the benefits plan. We’re trying to encourage individuals to […]
Stress hurts, and it’s not just about mental and emotional health strain, it’s also about financial stress, according to a workforce well-being survey by Buck Consultants. Where physical well-being is concerned, “one of the headlines that screams at us is stress,” said Ruth Hunt, a principal in the engagement practice and global well-being survey lead at […]
During an employee’s gender transition, virtually every workplace benefit can come into play, including drug coverage, employee assistance programs, flexible working options, mental-health programs and diversity initiatives. For Tamara Hansen, a delivery manager specialist at Scotiabank, coming out as transgender after more than three decades with her employer has been an emotional journey. “I get […]
More than half (60 per cent) of North American workforces said their employees are facing more mental health and substance abuse issues than they were two years ago, according to a new survey by the International Foundation of Employee Benefit Plans. The survey, which polled 190 U.S. and 88 Canadian employers, found 40 per cent of […]
With the start of a new year, organizations have new goals and budgets to meet. Many organizations take the new year as an opportunity to take a critical look at current practices and processes, including the way these align with their business goals. One area gaining attention over the years, due to increasing costs, is […]
While Ontario Power Generation has had a major medical absence program in place for years, it saw an opportunity for a review and update in 2016, leading to changes that solidified its win for best absence management program at Benefits Canada’s 2018 Workplace Benefits Awards on Oct. 11. Working with many stakeholders, including unions, human resources […]
Take the free money. This is my regular mantra for employees in employer-sponsored retirement plans. But many employees don’t enrol in company-sponsored plans or don’t take the maximum amount of free money available. When human resources professionals ask their employees why, their responses include: “I get a better return with my advisor, so I am contributing with her/him.” “The investment […]
Creating and supporting an environment of diversity and inclusion is top of mind for most employers today. With increasing globalization and a highly competitive marketplace, organizations need to respond to demographic changes in the communities where they do business. As well, research shows that having a diverse and inclusive workforce allows organizations to attract and retain […]
There was a lot of news to share from the pension, investment, benefits and human resources industries this month. Here are the 10 most popular online stories of the month: 1. Employer-paid benefits to be subject to new B.C. health tax 2. Ontario government to become second payer under OHIP+ changes 3. Great-West Life’s Jeff […]