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Keyword: Financial wellness

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Nearly three-quarters (71 per cent) of Canadians say saving for retirement is a challenge amid rising inflation, an increase of six percentage points over 2021, according to a new survey by BDO Canada. The survey, which polled more than 2,000 Canadian adults, found 43 per cent said they’ve also cut their savings for retirement. As a […]

  • By: Staff
  • October 4, 2022 October 3, 2022
  • 09:00
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An article on virtual health-care findings in the 2022 Benefits Canada Healthcare Survey was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. 88% of benefits plan sponsors satisfied with virtual health-care offerings: BCHS 2. OTG Management using earned-wage access cards to help employees contend with […]

  • By: Staff
  • September 30, 2022 September 29, 2022
  • 09:00

Amid rising inflation, airport hospitality services provider OTG Management is supporting employees’ financial wellness through an earned-wage access card. Nearly a third (30 per cent) of the organization’s Canadian employees have accessed the benefit, which allows employees to access their pay and manage their finances whenever and however they prefer, says Alan House, OTG’s executive […]

Three-quarters (76 per cent) of benefits plan members agreed the overall culture or environment of their workplace encourages health and wellness, unchanged from 2021 and comparable with previous years, according to the 2022 Benefits Canada Healthcare Survey. The survey found a wellness culture appeared to consistently influence results in other areas, including job satisfaction (91 […]

  • By: Staff
  • September 27, 2022 September 26, 2022
  • 09:00

A survey on employee attitudes towards remote working was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Survey finds 78% of Canadian employees prefer working from home 2. 84% of stressed Canadian employees saving less than 5% of their pay: survey 3. ‘Quiet quitting’ a rallying […]

  • By: Staff
  • September 23, 2022 September 22, 2022
  • 09:00
Canadians’ financial well-being on the decline: survey

The majority (84 per cent) of employees who say they’re feeling stressed are saving less than five per cent of their pay, according to a new survey by the National Payroll Institute and the Financial Wellness Lab of Canada. The survey, which polled more than 3,000 Canadian employees, also found workers are saving less than […]

  • By: Staff
  • September 20, 2022 September 19, 2022
  • 09:00
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The financial well-being of working Canadians has fallen sharply and is at its lowest point since January 2021, according to LifeWorks Inc.’s latest financial well-being index. It found the number of Canadians reporting a worsening financial situation increased five per cent compared to the previous period and those reporting an increase in financial concerns climbed […]

  • By: Staff
  • September 16, 2022 September 15, 2022
  • 09:00

After a tough couple of years, Canadians continue to face several challenges against an increasingly turbulent economic landscape. While most coronavirus restrictions were lifted in late spring 2022, the seventh wave of the pandemic arrived in July alongside rising inflation, which is compounding prices from the gas pump to the grocery store. Though the 2022 […]

The technology company’s senior benefits consultant on employee well-being, the importance of diversity, equity and inclusion and bikes races in Western Canada. Q: What top challenges do you face in your role?   A: Although there can be day-to-day challenges supporting our employees across Canada, Amazon continues to support the increased needs created by the coronavirus […]

  • By: Blake Wolfe
  • September 16, 2022 September 15, 2022
  • 08:51
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The modern economy is highly uncertain, with inflation and rising interest rates cutting into bottom lines everywhere. Employers are nervous as the cost of capital and the cost of their inputs seems to rise every day. But employees are nervous, too. And since no one knows when inflation will end, it’s difficult for anyone to […]