For Ontario employers, pay equity compliance journey is an ongoing process and not a one-and-done exercise, said Will Lamond, a principal in the compensation practice at Normandin Beaudry, during a webinar on best pay equity practices in the province. Ontario’s Pay Equity Act requires employers with 10 or more employees to maintain equivalent levels of […]
U.S. employers are increasingly embracing pay transparency, even as regulatory complexities introduced by the federal government present new challenges, according to a new survey by WTW. The survey, which polled nearly 400 employers, found 82 per cent said they’re either communicating, planning or considering communicating individual pay ranges with employees and 79 per cent are […]
Four years after launching a push for more diversity in its ranks, McDonald’s Corp. is ending some of its diversity practices, citing a U.S. Supreme Court decision that outlawed affirmative action in college admissions. McDonald’s is the latest big company to shift its tactics in the wake of the 2023 ruling and a conservative backlash […]
The majority of U.S. (86 per cent) and Canadian (58 per cent) employers say they communicate pay rates or ranges across the entire country or region regardless of state or provincial regulations, according to a new survey by WTW. The survey, which polled more than 1,600 global employers, found 75 per cent of organizations reported […]
One chief executive officer acknowledges that employers have made promising progress, while a human resources director argues more work needs to be done. Jodi Kovitz, chief executive officer of the Human Resources Professionals Association I’m heartened by the progress we’ve made towards gender equity in Canada, particularly in leadership roles. Since 2015, the percentage of […]
The gender pay gap in Canada’s technology sector almost tripled between 2016 and 2021, amounting to the average salary of a woman in the industry being about $20,000 less than her male counterpart, according to a new report by researchers at The Dais, a public policy organization based at Toronto Metropolitan University. The report, which […]
Financial literacy initiatives and a wide range of capital accumulation plan options are key components in supporting the financial health of midwives, said Nicole Mellin, executive director of the Association of Ontario Midwives Benefits Trust (pictured left), during a session at Benefits Canada’s 2024 Defined Contribution Plan Summit in February. The association provides its roughly […]
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. […]
North American employees who are part of equity-deserving groups continue to report shortfalls in salary and advancement opportunities compared to other workers, according to a new survey by the Robert Walters Group. The survey, which polled 6,000 workers, found 72 per cent more men than women said they earn a salary of $55,000 or more. […]
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 […]