Nearly nine in 10 (89 per cent) Canadians with life insurance say it supports their mental well-being, particularly by providing peace of mind that their loved ones will be financially protected and reducing worry about debts and final expenses, according to a new survey by Blue Cross. The survey, which polled more than 2,100 Canadians […]
While Canadian retirees have a good understanding of longevity risk, in recent years, many are withdrawing less income from their workplace retirement savings plans, says Dave Jones, senior vice-president of group retirement services at Sun Life Financial Inc. “If you go back to just a couple years to 2022, people really shift from drawing more […]
Canadian employers are projecting a 3.11 per cent increase in average base salaries for non-unionized workers in Canada for 2026, reflecting a continued slowdown in wage growth since 2023, according to a new report from Telus Health. The report, based on data from more than 375 Canadian organizations across various industries, found by province, Manitoba […]
An article on Symcor Inc.’s approach to supporting employees going through menopause was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Symcor hosting menopause awareness session, supporting employees with benefits, resources 2. Millennials, gen Z workers staying in […]
Three in five (60 per cent) plan members would choose an extra $10,000 in cash per year over their benefits plan, according to the 2025 Benefits Canada Healthcare Survey. The survey asked half of 1,000 plan member respondents whether they’d rather receive their benefits plan or an extra $5,000 in cash per year, while the […]
A third (29 per cent) of Canadian workers say that they don’t have enough emergency savings to cover basic needs, according to Telus Health’s latest mental-health index. The survey, which polled roughly 3,000 employees, found the average mental-health score was 64, up from 63.1 in March. Anxiety (57) continued to be the lowest mental-health sub-score, […]
The financial health of working Canadians may finally be improving after years of decline, according to a new survey by the National Payroll Institute. The survey, which polled more than 2,320 employees, found the proportion of workers who described themselves as financially stressed has decreased from 41 per cent in 2024 to 36 per cent […]
Benefits Canada is pleased to announce the finalists of the 2025 Workplace Benefits Awards. This year’s finalists were chosen from more than 80 entries across 11 categories, representing Canadian employers and plan sponsors that are truly leading the way with their support and resources for employees’ physical, mental, financial and social well-being. The winners will be […]
An article on the Ontario government’s return-to-office mandate for provincial employees was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. My Take: Ontario’s latest return-to-work mandate is misinformed, short-sighted 2. Ontario Teachers’ investing US$40 million in HR platform, […]
Seven in 10 (72 per cent) of U.S. employees say they’re at least somewhat stressed about their household finances, while a third (34 per cent) say they’re very or extremely stressed, according to a new survey by the Hartford. The survey, which polled more than 700 employers and more than 1,000 employees, found more than […]