Meridian Credit Union Ltd. is continuing to support employee financial wellness by raising its guaranteed hourly wage to $23.74. In 2022, the financial company became the largest employer to be certified by the Ontario Living Wage Network and is adjusting its compensation to reflect new guidelines that were updated last month. Current economic conditions and […]
Canadian employees who are experiencing conflict in the workplace lose an average of 55 workdays in productivity each year, according to Telus Health’s latest mental-health index. The survey, which polled more than 3,000 employees, found workers who have been diagnosed with anxiety (21 per cent) and depression (14 per cent) reported a loss of 55 […]
Nearly half (47 per cent) of Canadian employees say they feel happy with their current job and responsibilities, according to a new survey by ADP Canada. The survey, which polled more than 1,200 employees, found that, on a scale of one to 10, workers reported an average happiness score of 6.8, up from 6.7 in […]
An article on how Desjardins Insurance is supporting employee financial wellness was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Desjardins using budget workshops, interactive game to support employee financial wellness 2. Canadian employers implementing four-day workweek note increased worker happiness, productivity: report 3. OPB appointing Darwin […]
Nearly all Canadian employers that have implemented a four-day workweek report increased employee happiness (96 per cent) and say they’d continue with this schedule indefinitely (93 per cent), according to a new report by York University. The report, which analyzed responses from around 30 Canadian companies across the public and private sectors that have moved […]
Two-thirds (65 per cent) of U.S. employees rank flexible work options as the No. 1 component of compensation beyond salary, down from 71 per cent in 2022, according to a new report by the Conference Board Inc. The survey, which polled more than 1,500 workers, found employees in hybrid (68 per cent) and fully remote […]
Two-fifths (38 per cent) of U.S. employees say they haven’t taken a vacation in the past 12 months, according to a new survey by Eagle Hill Consulting. The survey, which polled more than 1,300 workers, found lower-income employees (59 per cent), generation Z (46 per cent) and workers without a college degree (46 per cent) […]
When tall poppy syndrome is left to manifest in the workplace, it can have an adverse effect on an organization’s culture and lead to issues with employee mental health and productivity, said Rumeet Billan, a leadership, emotional resilience and mental-health expert, during the keynote session at Benefits Canada‘s 2023 Healthy Outcomes Conference in October. She cautioned […]
In order to support in-person collaboration while maintaining flexibility, Hootsuite Inc. is encouraging employees to reconnect with their co-workers through its new Perch Days program. “We started our distributed workforce strategy during [the coronavirus pandemic],” says Tara Ataya, the company’s chief people and diversity officer. “With this strategy, we have taken a test-and-iterate approach to […]
While Portugal is the latest country to jump on the four-day workweek bandwagon, with 39 private sector businesses participating in a five-month program ending this month, a similar program conducted in the U.K. last year has yielded some interesting results. Of the 61 companies that participated in the U.K. pilot from June to December 2022, […]