Nearly half (45 per cent) of U.S. employers see investments in health and well-being as an integral part of their workplace strategy, compared to 36 per cent that said the same in 2019 and 27 per cent in 2018, according to an annual survey by Business Group on Health. The survey, which polled 122 large employers with […]
Navacord Corp. is expanding its group benefits business by acquiring British Columbia-based independent benefits brokerage Dehoney Financial Group. Dehoney, which has been in business for 40 years, provides benefits and retirement consulting, administration and life insurance products for executives and employees, working with a mix of public and privately owned Canadian companies. Read: Navacord acquiring Ontario-based […]
When the coronavirus pandemic hit, Scotiabank kicked the expansion of its existing childcare offering for employees into high gear. “Given the bank has announced that anyone who’s working remotely will continue to do so until the end of 2020 minimum, we wanted to make sure we had some extra options available for employees since working remotely […]
Canada Life Assurance Co. is introducing a self-directed registered education savings plan to help employers support their employees’ varying financial priorities. Employers can add the RESP to their employee benefits plan at no addition cost, while plan members can choose either the family or individual plan, where they can contribute as much or as little […]
Uber Technologies Inc. is trying to keep its Canadian drivers from joining or starting class-action lawsuits against the company — a move that threatens to upend a $400-million fight from drivers wanting to be recognized as employees, says a lawyer. Employment lawyer Lior Samfiru, who is pursuing the case, said drivers using the platform were […]
Plan sponsors have to move beyond benefits plan reporting and dig into analytics to better understand medication non-adherence and the top disease states affecting their workforces. “Leveraging plan-specific data can help answer the fundamental questions needed to manage your benefits program,” said Shawn O’Brien, Telus Health’s principal of data enablement and drug, health, dental product roadmaps, during a session at Benefits […]
Plan members living with insomnia or sleep problems could benefit from sleep-specific cognitive behavioural therapy programs accessible through their benefits plans. “One of the key things I’m going to say is benefits plans should offer some sort of online cognitive therapy for sleep,” said Atul Khullar, medical director of the Northern Alberta Sleep Clinic, in a session during Benefits […]
Some employees are seeing less value in their benefits and are less confident in their employers’ ability to provide them, according to a new survey by the Hartford Financial Services Group Inc. The survey polled U.S. workers in March 2020 and again in June. In March, 80 per cent of survey respondents said they value […]
Texas-based Insurance Zebra is stepping up for employee wellness by helping them welcome furry friends into their lives. The insurer has added a $300 annual benefit for employees adopting a new dog or cat and encouraging staff to take paid time off for “paw-ternity” leave. “There was a time a while ago when I took my […]
With financial worries swirling through the minds of many employees as the economic impacts of the pandemic rage, some segments of employee populations may be feeling worse about their finances than others and it’s important for employers to be able to discern who’s struggling the most, according to a new report from U.S.-based think tank Financial […]