elder care – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 26 Apr 2024 20:02:31 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 How employers can support sandwich generation caregivers https://www.benefitscanada.com/benefits/absence-management/how-employers-can-support-sandwich-generation-caregivers/ Wed, 06 Mar 2024 14:00:23 +0000 https://www.benefitscanada.com/?p=152735 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. […]

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]]> 2023 Healthy Outcomes Conference: Supporting employees’ financial well-being amid rising inflation, interest rates https://www.benefitscanada.com/events/conference-coverage/2023-healthy-outcomes-conference-supporting-employees-financial-well-being-amid-rising-inflation-interest-rates/ Mon, 20 Nov 2023 12:54:53 +0000 https://www.benefitscanada.com/?p=147133 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 […]

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]]> Canadian employers investing in innovative wellness benefits to drive attraction, retention efforts: survey https://www.benefitscanada.com/benefits/health-wellness/canadian-employers-investing-in-innovative-wellness-benefits-to-drive-attraction-retention-efforts-survey/ Thu, 13 Jul 2023 13:00:20 +0000 https://www.benefitscanada.com/?p=140987 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 […]

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]]> Four-day workweek promotes gender equity at home, workplace: expert https://www.benefitscanada.com/news/bencan/four-day-workweek-promotes-gender-equity-at-home-workplace-expert/ Tue, 28 Mar 2023 13:00:24 +0000 https://www.benefitscanada.com/?p=135662 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 […]

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]]> TD Bank Group awarded for inclusive benefits program https://www.benefitscanada.com/benefits/health-benefits/td-bank-group-awarded-for-inclusive-benefits-program/ Thu, 27 Oct 2022 13:00:13 +0000 https://www.benefitscanada.com/?p=129047 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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]]> Alberta School Employee Benefit Plan recognized for coronavirus pandemic response https://www.benefitscanada.com/news/bencan/alberta-school-employee-benefit-plan-recognized-for-coronavirus-pandemic-response/ Tue, 25 Oct 2022 13:00:21 +0000 https://www.benefitscanada.com/?p=128923 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 […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-9/ Fri, 21 Oct 2022 13:00:16 +0000 https://www.benefitscanada.com/?p=128824 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, […]

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]]> Scotiabank providing five back-up days for elder care https://www.benefitscanada.com/benefits/health-benefits/scotiabank-providing-five-back-up-days-for-elder-care/ Tue, 18 Oct 2022 13:00:43 +0000 https://www.benefitscanada.com/?p=128610 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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]]> BMO supporting employee mental health with mindfulness app, virtual tutoring https://www.benefitscanada.com/benefits/health-benefits/bmo-supporting-employee-mental-health-with-mindfulness-app-virtual-tutoring/ Mon, 17 Oct 2022 13:00:28 +0000 https://www.benefitscanada.com/?p=128542 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 […]

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]]> Survey finds majority of plan sponsors concerned over pandemic’s long-term impact to benefits costs https://www.benefitscanada.com/benefits/health-benefits/survey-finds-majority-of-plan-sponsors-concerned-over-pandemics-long-term-impact-to-benefits-costs/ Wed, 05 Oct 2022 13:00:55 +0000 https://www.benefitscanada.com/?p=127911 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 […]

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