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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

While ‘quiet quitting’ has emerged as a serious workplace issue over the last few months, it isn’t a new trend; rather, it’s long been a focus for human resources professionals, says Steve Pemberton, chief HR officer at Workhuman. “In the HR community, we call that disengaged. . . . It’s just been rebranded as ‘quiet quitting,'” he […]

Flexibility only goes so far, say two experts, and covers a small part of a healthy and respectful work culture. Tracy Fogale, senior manager of benefits at Kraft Heinz Canada: While flexibility is a critical way to retain employees, particularly women, in the workforce, it can’t tackle systemic issues such as the gender pay gap, […]

Many employees are engaged in a challenging “juggling act,” with about one in four Canadians aged 15 and older providing ongoing care to a family member or friend and about one in five caregivers spending 20 or more hours a week in that role, according to Sherry Hnatyshyn, managing director of Carepath. During a Benefits […]

Over two-thirds (66 per cent) of Canadian benefits plan members said they feel less connected to their co-workers and employers over the past year since shifting to remote working amid the coronavirus pandemic, according to the 2021 Benefits Canada Healthcare Survey. That number rose for respondents who said they aren’t satisfied with their jobs (73 […]

  • By: Staff
  • November 2, 2021 November 2, 2021
  • 09:00