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British Columbia is introducing pay transparency legislation to help close the province’s gender pay gap. Once the legislation is passed on Nov. 1, 2023, all B.C. employers will be required to include wage or salary ranges on all publicly advertised jobs. Employers will also be required to publicly post reports on their gender pay gap, […]

More than half (51 per cent) of U.S. workers say there’s a gender pay gap in their workplaces, up 121 per cent since 2019, according to a new survey by software company Beqom. The survey, which polled 1,000 U.S. employees and 1,000 U.K. employees, found roughly a third of U.S. (35 per cent) and U.K. (31 […]

  • By: Staff
  • March 15, 2023 March 15, 2023
  • 15:00

The union representing 750 mining workers at Mosaic Potash Esterhazy Ltd. in Esterhazy, Sask. has ratified a four-year collective agreement that includes pension and benefits gains. The agreement includes a .25 per cent increase in employer contributions to the company’s defined contribution pension plan, while members of the defined benefit pension plan will receive a monthly increase […]

  • By: Sadie Janes
  • February 28, 2023 February 28, 2023
  • 09:00

Canada’s employment insurance system requires modernization to withstand future economic challenges and to ensure Canadians’ financial security, according to a new report by the Institute for Research on Public Policy. The proportion of unemployed Canadians eligible for EI has decreased from 80 per cent in the 1980s to 40 per cent today, it said, noting […]

  • By: Staff
  • December 8, 2022 December 7, 2022
  • 09:00

As Ontario eyes a new system of portable benefits for precarious workers, one expert says these benefits can be an important attraction and retention tool for employers, while another believes employee considerations should be prioritized amid the rise of the gig economy. Laura Williams, founder and managing partner, Williams HR Law LLP Like anything when […]

The majority (84 per cent) of Canadian employees say they support a pay transparency law that would require employers to disclose salary ranges in job postings, according to a new survey by Leger Marketing Inc. on behalf of Talent.com. The survey, which polled more than 1,500 employees, found 45 per cent of employees feel they’re […]

  • By: Staff
  • November 9, 2022 November 9, 2022
  • 15:00

An article about an open letter that highlighted how proposed amendments to the federal Bankruptcy and Insolvency Act could have a positive impact on defined benefit plan members was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Amendments to insolvency legislation would secure DB pensions, […]

  • By: Staff
  • October 21, 2022 October 21, 2022
  • 09:00

The Saskatchewan Court of King’s Bench has held the Saskatchewan Indian Gaming Authority liable for more than $1.2 million in long-term disability benefits owed to a former employee whose benefits were cut off when he was fired and became permanently disabled during the notice period. “This case illustrates the massive risk that an employer takes […]

The provision of employer-sponsored benefits has evolved significantly over the last 45 years, with the past decade ushering in the most consequential changes, fueled by technology, increased competition and demand. In the 80s and 90s, benefits plans were very siloed and one size fits all, says Chris Pryce, founder and president of Human Capital Benefits, […]

While defined contribution pension plans currently outnumber defined benefit pension plans, this wasn’t always the case, recalls Bita Jenab, a principal at RetirementWorks Services Inc. DC plans began to gain popularity in the mid-1980s, due to a combination of legislative and economic changes, she adds. “This period marks the introduction of pension accounting rules under […]