In 2022, Xero sent out a global survey to all of its employees asking them to rank the most important components of its total rewards program, from time off to flexible working policies, salaries to employee benefits. The software company’s Canadian employees ranked health benefits as one of the most important aspects of total rewards. […]
The Canadian Union of Public Employees Local 4554 at Memorial University and the university’s students’ union are ratifying a new four-year collective agreement that includes improvements to employees’ benefits and pay. The agreement includes a new fertility treatment clause that provides time off and financial support for employees seeking treatment, since there’s a lack of fertility […]
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 […]
Canadian employers are investing in innovative financial, physical and mental-health benefits to drive their attraction and retention efforts, according to a new survey by Mercer. The survey, which polled more than 300 employers, found 59 per cent said they’ve invested in employee discount programs, followed by budgeting and other financial wellness education and support (51 […]
Scotiabank is supporting employee well-being and workplace inclusivity by aligning benefits offerings across its global markets. Employees in the majority of countries where Scotiabank operates will see their benefits aligned with the bank’s global inclusive standard within the next five years, towards a goal of aligning benefits in all markets by the end of 2030. […]
U.S. employers are increasing their family and caregiving benefits in 2023, according to a new survey by the Society for Human Resource Management. The survey, which polled more than 4,000 employers, found a quarter (25 per cent) said they cover infertility treatments and in vitro fertilization, while five per cent cover egg freezing for non-medical […]
Jessica Tincopa may leave the photography business she spent 14 years building for one reason — to find coverage for fertility treatment. After six miscarriages, Tincopa and her husband started saving for in vitro fertilization, which can cost more than US$20,000. But the coronavirus pandemic wiped out their savings and they can’t find coverage for IVF in their state’s health insurance marketplace. So the California couple is saving again and […]
More than four in 10 (42 per cent) global employees consider the availability of fertility benefits through their employer a ‘deal breaker’ in accepting a job, according to a new survey by Carrot Fertility. The survey, which polled 5,000 people across Canada, India, Mexico, the U.K. and the U.S., also found two-thirds (65 per cent) of […]
An opinion piece on how certain aspects of the Quebec government’s rules and constraints on private drug plans affect pharmacy costs was the most-read story on BenefitsCanada.com this past week. 1. Sounding Board: Why do Quebec’s private drug plans pay higher pharmacy fees? 2. Custodial, maintenance workers at TMU striking over pension contribution increase 3. Half of Canadian benefits providers […]
While gender affirmation and fertility benefits coverage still isn’t included in all group benefits plans, around half of Canada’s group benefits providers include gender affirmation coverage (50 per cent) or fertility benefits coverage (59 per cent) in some of their plan offers, according to an exclusive survey by Benefits Canada. The survey, which polled Canada’s […]