More than half (54 per cent) of employees without a workplace retirement savings plan — including 77 per cent of millennials — say they’d participate in an employer-sponsored plan if it offered emergency savings features, according to a new survey by Natixis Investment Managers. The survey, which polled more than 700 U.S. employees, also found nearly three-quarters […]
Nearly three-quarters (71 per cent) of Canadian employees feel their mental health has interfered with their ability to work in the past year, according to a new survey commissioned by Manulife Financial Corp. and conducted by Edelman DXI. The survey, which polled more than 1,500 Canadians, found four-fifths of employees said they’re worried about their […]
Two in five (43 per cent) Canadian employees say they’re concerned about their financial future, according to Telus Health’s latest mental-health index. Nearly half (45 per cent) of respondents said they feel overwhelmed by debt, with this group reporting the lowest mental-health (53.4) and financial well-being (48.1) scores. Indeed, the report found Canadians’ mental-health score […]
Delta Air Lines Inc. is launching an emergency savings program for U.S. employees. Once employees sign up for the program, they participate in roughly two to three hours of online financial education and three one-on-one sessions with a financial wellness coach. After they complete the education and coaching component, employees will receive US$750 from Delta […]
Employees aged 40 and younger are 60 per cent more likely than workers aged 50 and older to lack confidence in their ability to cope with stressors at work, according to LifeWorks Inc.’s latest mental-health index. The survey’s respondents reported an overall mental-health score of 64.6, up slightly from 64.3 in November. The sub-scores for anxiety […]
Nearly two-thirds (63 per cent) of U.S. workers say their financial stress increased in 2022, according to a new survey by the Hartford Financial Services Group Inc. The survey, which polled more than 900 employees, found more than half (56 per cent) said their financial stress negatively impacted their mental health, a percentage that increased […]
Six in 10 (60 per cent) U.S. employees say they’re more likely to stay at their current job if their employer offers a retirement savings plan, according to a new survey by Voya Financial Inc. The survey, which polled 1,000 employees, also found respondents are more likely to stay with their employer if they offer physical […]
More than two-thirds (68 per cent) of U.S. employees say they’re more likely to stay longer at their current job if their employer offers financial wellness benefits, according to a new survey by software platform TalentLMS. The survey, which polled 1,000 employees, found 73 per cent said their employer offers financial wellness benefits. The top […]
An article on the Royal Bank of Canada’s plans for returning employees to the office was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. RBC employees returning to in-office working to foster creativity, collaboration 2. CPPIB backing of grain exporter provides Russia propaganda victory: expert […]
The vast majority (90 per cent) of low to moderate income workers say they’d open a long-term savings account if they were offered incentives, according to a new survey by the Defined Contribution Institutional Investment Association and non-profit organization Commonwealth. The survey, which polled nearly 1,000 employees living on low to moderate incomes, found most respondents […]