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Keyword: Financial well-being

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Year two of the coronavirus pandemic is already revealing fault lines between how the youngest and oldest generations of U.S. employees are coping with the effects of the shift to remote working on their well-being, found MetLife Inc.’s annual U.S. employee benefit trends survey. Although employees across all generations feel their holistic well-being — which […]

  • By: Staff
  • April 6, 2021 April 6, 2021
  • 09:00
Canadians’ financial well-being on the decline: survey

The financial well-being of Canadians has declined over the last year, according to a new survey by Morneau Shepell Ltd. It rated Canadians’ overall financial health as of January 2021 at -2.8, indicating a decline from the previous year. Women reported a lower score (-5.1) than men (-0.6), with male respondents reporting improvement in some […]

  • By: Staff
  • February 11, 2021 March 24, 2021
  • 09:00
Mercer Canada appoints Geoffrey Melbourne, Neil Lloyd to wealth group leadership roles

Mercer Canada is appointing Geoffrey Melbourne as partner and wealth Canada growth leader and Neil Lloyd as Western Canada wealth leader. Melbourne (pictured left) has over 25 years of experience as a seasoned actuary, retirement consultant and client relationship manager. He joins Mercer after nearly 15 years in retirement consulting at a leading global advisory, […]

  • By: Staff
  • January 28, 2021 February 16, 2021
  • 09:00
2020 CAP Suppliers Report: Stretching into the financial wellness space

In the old days, employers would often gather employees in a dusty conference room and pass around a box of Timbits while talking at a sea of bored and confused faces about the importance of retirement savings. Not anymore. These days, many capital accumulation plan sponsors and insurers are pivoting away from dull information sessions […]

  • December 18, 2020 January 30, 2021
  • 08:56
U.S. employers reinstating, upping matching contributions for DC plans: survey

Plan sponsors in the U.S. that suspended or reduced employer-matching contributions are reinstating them or increasing their levels by 2021, said a new survey by Willis Towers Watson. According to the survey, 60 per cent of plan sponsors said they intend to match their members’ contributions at the same level as they were prior to their suspension or […]

  • By: Staff
  • December 14, 2020 January 19, 2021
  • 15:00
U.S. employers with flex work rethinking approach to total rewards, pay: report

In the wake of the coronavirus pandemic, U.S. employers are embracing flexible working arrangements and considering adopting a hybrid model for rewards and pay, said a report by Willis Towers Watson. The report showed a majority (59 per cent) of employers surveyed have workers who are currently telecommuting, including 25 per cent who are able […]

  • December 9, 2020 December 9, 2020
  • 09:00
Employers balancing benefits costs and employee well-being: survey

As the coronavirus pandemic continues, Canadian employers are balancing the need to reduce benefits costs while focusing on employee well-being, according to a new survey by Arthur J. Gallagher & Co. Just over half (55 per cent) of respondents said controlling costs is their top benefits-related challenge this year, with many considering measures such as variable cost […]

  • By: Staff
  • November 25, 2020 November 25, 2020
  • 08:30
Extended isolation and U.S. election taking toll on Canadians’ mental health: survey

Canadians’ mental health declined further in October to negative 11.4, down from negative 10.2 in September, due to the prolonged strain of the coronavirus pandemic and the divisive U.S. election, according to Morneau Shepell Ltd.’s latest monthly mental-health index. “COVID-19 continues to take a toll on the mental health of Canadians and we are now […]

  • By: Staff
  • November 12, 2020 November 12, 2020
  • 09:00
B.C.’s NDP developing benefits, pension supports for gig workers

On the heels of winning re-election in British Columbia, the New Democratic Party’s work is just beginning, particularly in delivering on its promise to extend pensions and benefits to precarious workers across the province. In its re-election platform, the party pledged to develop a government-backed, collective benefit fund for independent contractors, self-employed and part-time workers, […]

Like a spiky meteorite, when the coronavirus pandemic hit earlier this year it demolished employer’s best-laid plans and is forcing them to find innovative ways to support, motivate and retain employees. During a virtual roundtable on Oct. 16, the 2020 Workplace Benefits Awards finalists discussed how they’ve quickly responded to everything from employee mental health to supporting financial wellness […]