Sun Life Financial Inc. has entered into a definitive agreement to acquire Dialogue Health Technologies Inc. for roughly $365 million. The insurer initially invested in the virtual-care platform in 2020 and subsequently expanded the relationship as a large shareholder and partner. Dialogue will maintain its head office in Montreal and will continue to operate as a […]
The U.S. Department of Labor is launching an employee ownership initiative to encourage more employers and employees to take advantage of these opportunities. The new initiative will fall under part of the SECURE 2.0 Act — which was passed by Congress in 2022 — and aims to empower workers through ownership arrangements and educate them […]
Three-quarters (76 per cent) of U.K. employers think it’s important to retain employees over age 50, with almost a third (32 per cent) saying it’s very important, according to a new survey by Aviva. It also found 10 per cent of employers have introduced support over the last year for retaining employees aged 50 or […]
Diversity, equity, and inclusion are esteemed values held by many employers and are table stakes in the value proposition for employees and customers. However, in the context of DEI, ageism and the importance of supporting older workers is rarely mentioned. It’s a complex issue that can have significant consequences on a company’s performance and its […]
Only 41 per cent of Black employees in the U.S. believe their company has an open and inclusive environment that encourages dialogue about mental health, compared to 50 per cent of white employees, according to a new survey by the Hartford and the National Alliance on Mental Illness. The survey, which polled more than 2,300 U.S. employees, found […]
Canadian employees across all generations value the flexibility and autonomy that remote working provides in their careers, according to a report by Robert Half Canada Inc. The report, which compiled data from three separate surveys with a total of more than 2,000 respondents, found a quarter (25 per cent) said they’d take a pay cut […]
An article on how global pension funds compare in terms of transparency was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Five Canadian pension funds receive top scores for transparency: benchmark 2. How plan sponsors, insurers are considering coverage of weight-loss drugs amid rising use […]
The majority (88 per cent) of Canadians employees say the coronavirus pandemic changed how they work in one or more ways, a percentage that increases among employees who work remotely (91 per cent) and those in a hybrid work arrangement (96 per cent), according to a survey conducted by RKI Inc. this spring. The results […]
Canadian employers say competition for talent (84 per cent) is the No. 1 issue influencing their benefits strategies, according to a new survey by WTW. The survey, which polled around 130 employers, found rising mental-health issues (63 per cent), a focus on inclusion and diversity (48 per cent) and rising costs (40 per cent) are […]
Nearly a quarter (22 per cent) of U.S. employees say they’ve experienced harm to their mental health or experienced harassment at work in the past 12 months, compared to 14 per cent in 2022, according to a new survey by the American Psychological Association. The survey, which polled more than 2,500 employees, found 19 per […]