An article on how Canadian institutional investors are approaching risk management amid increasing political tension with the U.S. was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Expert asks whether institutional investors are prepared for risks in evolving […]
Amazon.com is supporting employee education by pre-paying 100 per cent of tuition, up to a yearly maximum, for college programs offered through its Career Choice program. Employees will no longer pay a five per cent contribution to tuition costs and the company has also expedited the eligibility period for employees to participate in the program […]
More than half of Canadian women say they feel unprepared for menopause and nearly 60 per cent are unaware that symptoms such as anxiety, depression and memory issues are linked to this stage of life, according to a new report by GreenShield and Mental Health Research Canada. The report analyzed survey responses from more than […]
The federal government is investing $29.9 million in the Service Employees International Union Healthcare’s retirement savings program to strengthen retirement security for Canada’s homecare workers. The funding, announced earlier this month by SEIU Healthcare and Common Wealth alongside Minister of Jobs and Families Patty Hajdu, will provide more than 5,000 personal support workers and other […]
Three-quarters (75 per cent) of Canadian employees say they’d be more likely to stay with their current organization if benefits were more personalized and comprehensive, according to a new survey by Hub International Ltd. It found employers aren’t implementing the tailored programs needed to improve retention, despite personalization being a clear priority for employees. The […]
Ottawa is hiking entry-level pay for Canadian Armed Forces privates by 20 per cent for the regular force and 13 per cent for reservists. That means the annual salary for a new recruit will go from $43,368 to $52,044. Other military members will also receive pay raises, with smaller increases for higher ranks — part […]
After five years of working long nights as a truck driver, Julius Mosley wanted a change. He found driving unfulfilling, and his teenage son needed him to spend more time at home. He took a job as a customer service representative at a telecommunications company near his home. The employee benefits included being able to […]
Employee turnover is taking a significant financial toll on Canadian companies, with nearly one in five hiring managers (17 per cent) saying it costs their organization more than $100,000 annually, according to a new survey by the Harris Poll on behalf of Express Services Inc. The survey, which polled more than 500 employers, found the […]
The majority (91 per cent) of Canadian employers are planning to benchmark their benefits plan against market practices to remain competitive, with half (49 per cent) prioritizing this for next year and 42 per cent for the next three years, according to a new survey by MercerMarsh Benefits. The survey, which polled nearly 350 employers […]
Nearly two-thirds (60 per cent) of employees say commuting expenses are the most crucial costs to have subsidized by employers, according to a new survey by Robert Walters Canada. The survey, which polled 2,500 white-collar workers in Canada, found a similar percentage (60 per cent) prioritized this benefit over tech equipment, food and health or […]