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While Canadians, on average, believe they need $1.7 million in retirement, this amount varies among different generations of employees, according to a new survey by the Bank of Montreal. The survey, which polled roughly 1,500 Canadians, found millennials believe they need the most money to retire ($2.1 million), followed by generation Z ($1.6 million), generation […]

  • By: Staff
  • February 16, 2024 February 16, 2024
  • 15:00
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Two-fifths of U.S. employees say they didn’t receive a raise in the last year and those who did received raises that were 25 per cent lower than in 2022, according to a new survey by BambooHR. The survey, which polled 1,500 employees, found the average pay increase was 4.6 per cent, down from 6.2 per […]

  • By: Staff
  • January 19, 2024 January 19, 2024
  • 15:00

More than half (51 per cent) of U.S. workers say they’d like to see fully paid health-care premiums as a financial benefit from their company, according to a new survey by CNBC and SurveyMonkey. It found nearly two-fifths of respondents said they’d also like to see 401(k) matching (37 per cent) as well as health […]

  • By: Staff
  • January 15, 2024 January 12, 2024
  • 09:00
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Between 2000 and 2022, the average retirement age among Canadians climbed from 61.6 to 64.6, the highest it’s been since 1982, according to data from Statistics Canada. The agency’s June 2023 labour force survey found 22 per cent of Canadians aged 55 to 59 were either partially or completely retired. The same was true of […]

  • By: Kim Siddall
  • December 18, 2023 December 18, 2023
  • 09:00

With more than 40,000 employees across the country, Amazon Canada is a microcosm of the wider national workforce. Comprising five generations, the online retailer’s workers represent a wide spectrum of savings goals and related challenges. And to support these goals, it has developed a diverse array of options to meet staff at every stage of […]

  • By: Blake Wolfe
  • December 15, 2023 December 14, 2023
  • 08:57
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Nearly half (47 per cent) of Canadian employees say they feel happy with their current job and responsibilities, according to a new survey by ADP Canada. The survey, which polled more than 1,200 employees, found that, on a scale of one to 10, workers reported an average happiness score of 6.8, up from 6.7 in […]

  • By: Staff
  • December 1, 2023 December 3, 2023
  • 15:00

Defined contribution pension plan members are currently in a different place, especially the younger generations, who are likely feeling as though their financial priorities don’t line up with workplace pensions the way they did for previous generations. “What I’m getting at here is the idea that retirement saving isn’t the undeniable consensus top priority it […]

More than half (53 per cent) of Canadian employees say they feel negatively about work and 30 per cent feel tired and overworked, according to a new survey by ADP Canada. The survey, which polled more than 1,800 employees, found two-thirds (68 per cent) said work-life balance was among their top three priorities (along with […]

  • By: Staff
  • November 1, 2023 November 1, 2023
  • 09:00

While U.S. generation Z workers want to retire at age 61, 99 per cent of these employees say they’re facing obstacles to saving for a comfortable retirement, a nine per cent increase from 2022, according to a new survey by Charles Schwab & Co. Inc. The survey, which polled 1,000 401(k) plan participants, found the […]

  • By: Staff
  • October 19, 2023 October 18, 2023
  • 09:00
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Despite incidences of burnout dropping five percentage points over the past year, two-fifths (45 per cent) of U.S. employees say they’re feeling burnt out at work, according to a new survey by Eagle Hill Consulting. The survey, which polled more than 1,000 respondents, found women and younger workers are reporting the highest levels of burnout. Indeed, […]

  • By: Staff
  • August 23, 2023 August 23, 2023
  • 15:00