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Employers can support sandwich generation caregivers by providing extensive well-being benefits, flexibility and leadership training, says Michael Mousseau, national well-being practice leader at Arthur J. Gallagher & Co. Sandwich generation caregivers are people, typically middle-aged individuals, who find themselves tasked with taking care of their children while also looking after their parents or older family members. […]

As Canadians face the dual effects of the rapidly rising cost of living and interest rates, the resulting financial stress has major implications for plan sponsors, said Valérie Fernandez, senior advisor of workplace health best practices and strategic support for group insurance at Beneva, during Benefits Canada‘s 2023 Healthy Outcomes Conference in October. Indeed, employers […]

Canadian employers are investing in innovative financial, physical and mental-health benefits to drive their attraction and retention efforts, according to a new survey by Mercer. The survey, which polled more than 300 employers, found 59 per cent said they’ve invested in employee discount programs, followed by budgeting and other financial wellness education and support (51 […]

  • By: Staff
  • July 13, 2023 July 12, 2023
  • 09:00
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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 […]

The TD Bank Group’s inclusive benefits offerings resulted in a win in the Drug and benefits plan innovation category at Benefits Canada’s 2022 Workplace Benefits Awards on Oct. 18. In March, the bank enhanced coverage to include fertility and reproductive treatments and introduced new surrogacy and adoption benefits, with a $20,000 lifetime maximum for each benefit. “We heard […]

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The Alberta School Employee Benefit Plan’s response to the coronavirus pandemic led to a win in the Coronavirus and benefits category for an employer with fewer than 1,000 employees at Benefits Canada‘s 2022 Workplace Benefits Awards on Oct. 18. When the pandemic was declared in March 2020, the organization quickly responded with measures such as […]

An article about an open letter that highlighted how proposed amendments to the federal Bankruptcy and Insolvency Act could have a positive impact on defined benefit plan members was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Amendments to insolvency legislation would secure DB pensions, […]

  • By: Staff
  • October 21, 2022 October 21, 2022
  • 09:00

Scotiabank is supporting employees with elderly relatives by providing five back-up days for elder care. The benefit provides in-home visits by personal support workers and was modelled after an existing program providing the bank’s employees with back-up childcare days, says Dominic Cole-Morgan, senior vice-president of total rewards. “It was about understanding sources of potential mental-health […]

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The Bank of Montreal is supporting employee mental health through several benefits, including access to a mindfulness app. “We really appreciate the proactive nature of it,” says Jeff Scott, global head of benefits and wellness at BMO. “We’re trying to strike a balance in our offerings where we have smart proactive offerings as much as […]

More than three-quarters (78 per cent) of plan sponsors say they’re concerned about the coronavirus pandemic’s long-term impact on the cost of health benefits plans, up from 71 per cent in 2021, according to the 2022 Benefits Canada Healthcare Survey. Among these respondents, 31 per cent strongly agreed with this statement, up from 23 per cent […]

  • By: Staff
  • October 5, 2022 October 4, 2022
  • 09:00