Nearly two-fifths (38 per cent) of benefits plan members are experiencing a general sense of loneliness, isolation and social disconnection, according to the 2024 Benefits Canada Healthcare Survey. This result increased significantly among those with self-reported poor mental health (76 per cent), those who had divorced or separated in the past year (74 per cent), […]
More than half (54 per cent) of Canadian employees say affordability is among the top barriers to improving their well-being, according to a new survey by RBC Insurance. The survey, which polled 1,000 working adults, found while nearly all said they need to improve their health and well-being, respondents cited barriers including lack of motivation […]
With the return of autumn, change is once again in the air. For the last nine months, I’ve lead the editorial team at Benefits Canada while Jennifer Paterson was taking parental leave to welcome the youngest member of her growing family. This month marks the return of our editorial team to full strength — welcome […]
Brianne Collins, age 29, has worked as a senior copywriter at a large Toronto-based advertising agency for just over a year. Collins’ agency supports employee financial wellness in several ways, including a group registered retirement savings plan, financial advice and Financial Literacy Month webinars with sessions covering various financial topics. “In busy day-to-day work, it’s […]
From 2016 to 2024, fewer plan members are confident they’ve saved enough for retirement. Indeed, Benefits Canada’s 2024 CAP Member Survey found plan members’ optimism that their retirement is on track declined to 56 per cent from 63 per cent in 2022, while three-quarters (73 per cent) said they’re worried they won’t have enough saved […]
More than two-thirds (68 per cent) of Canadian employers say employees’ emotional well-being continues to be their main wellness focus as they navigate challenges posed by workplace mental-health concerns and hybrid working arrangements, according to a new survey by Arthur J. Gallagher & Co. The survey, which polled more than 400 employers, found roughly a […]
Just two-fifths (42 per cent) of U.S. employees say they feel highly confident they’re on track to save what they need in retirement, according to a new survey by LiveCareer. The survey, which polled more than 1,000 U.S. workers, found six in 10 said they fear retirement more than death (61 per cent) or the idea […]
Benefits Canada is pleased to announce the finalists of the 2024 Workplace Benefits Awards. Across nearly 100 entries in 12 categories, leading Canadian employers demonstrated their accomplishments in supporting their employees’ physical, mental and financial well-being. The winners will be announced on Friday, Oct. 18 at the King Edward Hotel in Toronto during the 2024 Healthy Outcomes Conference, an in-person event intended for employers […]
A third (34 per cent) of U.S. employees aged 50 and older are phasing into retirement, according to a new survey by WTW. The survey, which polled 10,000 U.S. employees working at medium- and large-sized private sector companies, found among workers who are currently phasing into retirement, six in 10 (61 per cent) have reduced […]
A fifth (20 per cent) of U.S. workers aren’t currently saving for retirement, according to a new survey by Flexjobs. The survey, which polled more than 2,000 U.S workers, found nearly two-thirds (61 per cent) of men said they’ve been saving for retirement for a while, compared to 52 per cent of women. Across generations, […]