Multinational companies are looking to gain more control over employee benefits plans, mostly to counter rising costs and financial risks, but the majority has a ways to go before accomplishing that goal.
As our population ages, it’s inevitable that some employees will need to take on a caregiving role in addition to their full-time jobs. In 2007, Worklife Canada estimated that this phenomenon is costing Canadian employers $2 billion annually in productivity (approximately $1 billion in absenteeism costs and another $1 billion to $2 billion in indirect costs).
Apple has just introduced its new iPhone5. And once again, it is expected to dominate the cell phone market and maintain a sizable lead over its nearest competitors. Much has been written about Apple’s success and the lessons learned can be applied in the employee benefits world.
The Sanofi healthcare survey is in its 15th year and Trica Benn, senior director, Rogers Connect market research, who has worked on the survey and presented findings of several years, says the biggest surprise to employers is always the employees’ sense of obligation to control costs and participate in workplace wellness initiatives.
In honour of Benefits Canada’s 35th anniversary, we took the opportunity to go back to the source to explore why employers offer employee benefits programs. Our research looks at the past, present and future of employee benefits—and shows how much senior business leaders value them. Cost concerns and the desire to more directly connect investment […]
U.S. employers are increasingly using incentives to encourage participation in health screening programs, say new survey findings from Aon Hewitt.
When a worker is an independent contractor and not an employee, there are important differences for an employer.
Half of American workers who receive paid time off in the country’s 10 largest cities would sacrifice a workplace benefit for more paid time off.
This article originally appeared on our sister publication, SmallBizAdvisor.ca. Ontario employers may be liable to pay the full value of an employee’s short-term and long-term disability benefit entitlements, according to the recent confirmation of an Ontario Court of Appeal decision. The decision only applies in certain cases. Employers are liable in cases where an employee is terminated […]
Can you believe it’s been 35 years already? In honour of Benefits Canada’s 35th anniversary, we decided it was time to go back to our roots: to explore why employers offer benefits programs in the first place, as well as their perceived value by business leaders.