More than a quarter (28 per cent) of male employees in the U.S. report a reduction in their stress levels due to their employer’s financial wellness programs, compared to 18 per cent of women, according to a new survey by HerMoney Media Inc. and Principal Financial Services, Inc. The survey, which polled 900 U.S. employees […]
Job advertisements in New York will have to disclose proposed pay rates after a statewide salary transparency law went into effect on Sunday, part of growing state and city efforts to give women and people of colour a tool to advocate for equal pay for equal work. Employers with at least four workers will be required to disclose salary ranges for any job advertised externally to […]
Working in the pension industry has always been aligned with Shannan Corey’s personal interests and values. Her father was an actuary so she was exposed to the pension industry from a very young age. After earning her mathematics degree at the University of Saskatchewan, she became an associate actuary, spending a few years in consulting […]
PricewaterhouseCoopers Canada is improving its parental leave policy with specialized coaching and leadership training for employees. As part of its Me + PwC program, the company conducted listening tours with employees, with the feedback including more support for parents, says Sonia Boisvert, a partner and chief people officer at PwC Canada. “Being a parent myself, […]
The concept of employee benefits was established on a foundation built decades ago, when employees worked full time and long term with one employer. Those days are long gone. Temporary, part-time and gig work have become the norm, accounting for 60 per cent of job growth in advanced economies since the 1990s. Gig work is […]
Scotiabank is supporting employee well-being and workplace inclusivity by aligning benefits offerings across its global markets. Employees in the majority of countries where Scotiabank operates will see their benefits aligned with the bank’s global inclusive standard within the next five years, towards a goal of aligning benefits in all markets by the end of 2030. […]
While Canada ranks No. 21 out of 146 countries for women’s labour force participation, its wage equality ranking sits at No. 52, according to a new report by the World Economic Forum. It found Canada’s gender pay gap was roughly 17 per cent in comparison to other Organisation for Economic Co-operation and Development member countries. […]
While many organizations are joining the conversation around diversity, equity and inclusion, it’s about more than just saying the right things and having the right policies; it’s about changing the systems that increase the success of diverse people in the workplace. Ksenia Kamenskaya, head of people and culture, Rothmans, Benson & Hedges Inc. To make […]
Like other large employers, Ontario Power Generation Inc. has a diverse workforce that embodies the broader Canadian population across multiple demographics. The Crown corporation uses a variety of methods and measurements for gathering diversity, equity and inclusion data, including engagement surveys and focus groups to establish mental-health indicators by analyzing benefits usage, says Tanya Hickey, […]
The gender pay gap is narrowing in Canada, with women earning roughly 21 per cent less than men in 2022, compared to 24 per cent less in 2021, according to a new survey by ADP Canada. The survey, which polled more than 1,500 workers, found the average salary for men was $72,743, compared to $57,725 […]