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Keyword: Gender pay gap

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Men and women are unevenly participating in equity compensation plans among private employers, according to new research conducted in the U.S. by Morgan Stanley. The investment bank and financial service company found only 41 per cent of women participated in these plans, compared to 52 per cent of men. And of those individuals who were […]

  • By: Staff
  • March 25, 2021 March 25, 2021
  • 15:00

Although women must work two years longer than men to be retirement ready, they still retire with 30 per cent less wealth than their male counterparts, according to a Mercer Canada retirement readiness report. The report found women enter retirement with lower retirement savings than men and they also must work longer to achieve retirement […]

  • By: Staff
  • March 10, 2021 April 25, 2021
  • 17:37

The gender wage gap in Canada continues to persist, with women earning 23 per cent less in total income than men in 2020, according to a report by ADP Canada Co. Surveyed Canadian working men were significantly more likely to make more than $80,000 in pre-tax salary, while working women were more likely to make between […]

  • By: Staff
  • March 8, 2021 April 23, 2021
  • 09:00

Ahead of International Women’s Day next week, the European Union Commission announced it’s imposing new rules to make pay levels public in order to make it easier for women to challenge wage imbalances and close the gender pay gap. “For equal pay, you need transparency. Women must know whether their employers treat them fairly,” says […]

New federal employment equity, safety legislation taking effect

A series of legislative changes to Canada’s labour code aiming to make workplaces healthier, safer and fairer took effect as of Jan. 1, 2021. The changes include new pay transparency regulations for federally regulated, private sector employers with 100 or more employees. According to a press release, the move makes Canada the first country to […]

  • By: Staff
  • January 5, 2021 April 14, 2021
  • 09:00
Federal government publishes employment equity regulations

The federal government is introducing new pay transparency regulations for federally regulated, private sector employers with 100 or more employees. The legislative amendment to the Equity Act, which will take effect on Jan. 1, 2021, aims to help address equality and inclusion issues in the workplace. With the move, Canada will be the first country to make wage […]

  • By: Staff
  • November 27, 2020 November 27, 2020
  • 15:15
Gender lens investing on the rise among institutional investors

In recent years, investing with a gender lens has become far more popular among institutional investors. “Part of it is awareness and part of it is some of the performance,” said Jackie VanderBrug, managing director and head of sustainable and impact investment strategy at Bank of America Corp., during a webinar hosted by the Forum for […]

Women are in a worse position than men when it comes to pension savings, thanks to several systemic factors. So how can plan sponsors bridge the gender pension gap and help women prepare for retirement? The gender pension gap continues to be a real and pressing issue. Globally, the World Economic Forum estimates that women’s […]

Canadian employers lagging in implementing equality measures: survey

Around International Women’s Day, many Canadian employers are once again talking about the importance of equality in the workplace.  However, a new survey by Mercer, which polled senior leaders, human resources executives and employees around the globe, found there are many areas where companies could be doing more to make work more equitable for all. It found slightly more […]

  • By: Staff
  • March 9, 2020 November 12, 2020
  • 09:00
‘Substantial’ gender wage gap persists in Canada: study

A substantial wage gap between men and women continues to exist in Canada, according to a new study commissioned by ADP Canada Co. Based on self-reported numbers, the study found women earned an average pre-tax salary of $51,352 in 2019, while men reported an average pre-tax salary of $67,704 — a gap of 24 per cent. […]

  • By: Staff
  • March 5, 2020 November 11, 2020
  • 15:15