Economic headwinds, cost pressures and shifting employee expectations are forcing organizations to rethink performance compensation. Traditional pay-for-performance models, built for more predictable business cycles, are showing signs of strain. Many leaders are now asking a difficult but necessary question: are salary increases and incentive awards still tied to performance, or have they evolved into entitlements? […]
An article on proposed changes to preferred pharmacy networks outlined in the Ontario government’s fall economic statement 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. Ontario taking steps to end preferred pharmacy networks, introducing VPLA framework 2. […]
When CSA Group rolled out its global wellness incentive program in April, it was aiming to see whether cash rewards could kick start healthier habits and keep employees motivated. “We noticed a significant uptick in participation whenever we ran global step challenges with prizes,” says Aaron Snaith, director of total rewards at CSA Group. “That […]
Canadian employees’ average level of workplace happiness reached 6.9 points out of 10 in October, up 0.3 points from the same month last year, according to a new survey by ADP Canada. It found 70 per cent of workers said fun and social moments at work play a meaningful role in their overall happiness. Nearly […]
Fidelity Canada’s financial wellness program was recognized during Benefits Canada’s 2025 Workplace Benefits Awards for its ‘no strings attached’ approach to contributions in employees’ group registered retirement savings plans. The financial services firm earned the recognition for easing employees’ retirement stresses by contributing to all eligible full- and part-time workers’ group RRSPs without requiring employees […]
The Workplace Safety and Insurance Board’s win in the Drug/Benefits Plan Innovation category at Benefits Canada’s 2025 Workplace Benefits Awards can be attributed to innovation, of course, but also generosity. According to one judge, the organization’s benefits program is one of the most generous they’ve seen. It includes: 100 per cent coverage on drugs, with […]
Arc’teryx Equipment was recognized with the Benefits Plan Communications award at Benefits Canada’s 2025 Workplace Benefits Awards for its engaging year-round and technology-savvy benefits reminders to employees. “We have learned that [our] how-to videos with fewer words and more graphics or modern technology resonates better with our groups,” said Mikkaela Fernandez (pictured left), the outerwear […]
Bunzl Canada Inc. is supporting employee engagement while giving back to local communities through its paid volunteer days program. “The program was born out of a movement to create a social sustainability initiative aimed at fostering community engagement, environmental stewardship and an inclusive workplace culture,” says John Howlett, president of Bunzl Canada. “It reflects our […]
While roughly half of Canada’s provinces now provide some form of public coverage for fertility treatments such as in-vitro fertilization, the cost is still too prohibitive for many people. Employers are starting to help bridge the gap, “but there’s definitely still room for improvement,” said Tara Wood, principal of Purpose PR and co-founder of Fertility […]
An article on why Canadian retirees are withdrawing less income from their workplace savings plans 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. Decumulation shift: Canadian retirees withdrawing less from workplace plans in recent years, says expert […]