Meridian Credit Union is focusing on flexibility and mentorship to promote gender equity and female leadership in the historically male-dominated financial industry. According to the Canadian Credit Union Association, in 2023, only eight per cent of Fortune 500 chief executive officers were women. However, at Canada’s credit unions, 30 per cent of CEOs/general managers were […]
Organon Canada’s ‘HER Professional Journey’ initiative is addressing women’s unique health experiences, including fertility, parental leave and menopause, so they can feel supported and empowered in the workplace at every stage of their career. The program, which is led by an employee resource group, helps the organization to further advocate for women and help make […]
Just two-fifths (41 per cent) of global employers say they’ve attained full gender equity, according to a new survey by ManpowerGroup. The survey, which polled more than 40,000 employers in 42 countries, found 52 per cent reported pay equity initiatives are on schedule, while the remaining 48 per cent were behind or had no initiatives. […]
Women in corporate leadership still face barriers, with significant gaps in business ownership, representation and compensation, according to a report by the Canadian Chamber of Commerce. It found Canada lags behind nearly half of its peers in the Organisation for Economic Co-operation and Development in its share of female managers. While women have made strides in the overall […]
Nearly two-thirds (65 per cent) of women say inadequate compensation increases is their biggest concern in 2024, according to a new survey by Robert Half Canada Inc. The survey, which polled more than 760 workers, also found three-quarters (75 per cent) of women cited wider economic changes as a major concern. It’s important for employers […]
An article detailing Ford of Canada’s transfer of $923 million in pension plan liabilities through a group annuity buyout was the most-read story on BenefitsCanada.com. Here are the top five human resources, benefits, pension and investment stories of the past week. 1. Ford Canada transferring $923 million in pension liabilities via group annuity buyout 2. AIMCo highlighting importance […]
In 2023, a fifth (20 per cent) of board positions across the globe were filled by individuals that belong to historically underrepresented groups or ethnicities, with nearly a third within their first two years of tenure, according to a report by McKinsey & Company. The report, which polled more than 1,200 companies across 23 countries, […]
Women represent roughly a quarter of C-suite leaders in North America, while women of colour represent just one in 16, according to a report by McKinsey & Company. The report, which was based on research from more than 270 companies in the U.S. and Canada, found women of colour faced the steepest drop-off in representation […]
Canada’s 100 highest-paid chief executive officers — who are overwhelmingly male — were paid an average of $14.9 million in 2022, 246-times more than the average employee wage and setting a new record, according to a new report by the Canadian Centre for Policy Alternatives. It found in 2022, Canadian employees received an average pay […]
A story about the B.C. Lottery Corp.’s new inclusive holiday program was the most-read story on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investment stories of the past week. 1. BCLC allowing employees to swap statutory holidays for personal, cultural days of significance 2. My Take: Obesity should be treated like […]