Just 48 per cent of working Canadians say they have an employer-sponsored pension plan, according to a new survey by IG Wealth Management. The survey, which polled more than 1,300 workers, found just 11 per cent of non-retired Canadians know how much annual income they’ll need in retirement and nearly half saying they don’t know. […]
Employers that have implemented a four-day workweek or an equivalent reduced-hours model are reporting improved employee productivity along with sharp reductions in turnover and overtime costs, according to a report by 4-day Week Global. It argued among organizations that implemented reduced-hours models — including four-day workweeks, six-hour shifts and 32-hour workweeks — work wasn’t compressed […]
An article on how winter weather impacts employers’ return-to-office and hybrid work policies was the most-read article on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Winter weather exposing cracks in return-to-office flexibility: expert 2. Tribunal rules employer’s conduct creating emotional discomfort […]
UAP Inc. is supporting employee financial well-being and retirement readiness with an enhanced retirement toolkit. The toolkit contains a range of information for employees approaching retirement, from financial preparation — including information on the company’s pension and budgeting tips — to the potential impact on mental health that can take place after exiting a full-time […]
Nearly three-quarters (72 per cent) of Canadian job seekers expect it will be difficult to find a job in the next six months, a significant increase from the same time last year (62 per cent), according to a new survey by the Harris Poll on behalf of Express Services Inc. The survey, which polled more […]
As dermatological treatments move up the ranking of conditions with the highest paid drug claims, they’ve become increasingly significant for private drug plan sponsors, according to Frances Lehun, a pharmacist with pharmaceutical expertise in high-cost drug management at Beneva. During a session at the 2025 Face to Face Drug Plan Management Forum, she said this […]
A single drug can be approved for multiple conditions, but each new use requires its own clinical trials and regulatory approval, even if the drug is already approved for other indications, according to Suzanne Lepage, a private health plan strategist, during a session supported by Novo Nordisk at Benefits Canada’s 2025 Face to Face Drug […]
Pharmacy benefit managers in Canada have undergone a significant transformation over the years, said Akhil Pandit Pautra, senior manager of clinical services, health claims administration and fraud, waste and abuse at Express Scripts Canada, during a session at Benefits Canada’s 2025 Face to Face Drug Plan Management Forum. The role has evolved from the early […]
“Immunization is one of the best investments money can buy, according to the World Health Organization,” said Johnny Ma, president at Mapol Inc., during a session supported by GSK, Merck and Pfizer Canada during Benefits Canada’s 2025 Face to Face Drug Plan Management Forum. Canadian data shows vaccines can save $2.5 billion a year in […]
Although many medications may seem alike, in the management of chronic conditions, it’s crucial to have access to a broad selection of treatment options to achieve the most favourable outcomes for patients, since each medication can serve a distinct and important purpose for different individuals, according to Dr. Elizabeth Leroux, a faculty lecturer at McGill […]