Canadians believe they’ll need an average of $1.7 million to retire comfortably, up from $1.54 million in 2024, and more than a third say they’re unlikely to reach that goal, according to a new survey by BMO Financial Group. It found retirement expectations vary significantly by region, with British Columbia reporting the highest average savings […]
Retirement advice and personalization are becoming foundational expectations for employees, not optional enhancements, said Rachel Weker, retirement strategist at T. Rowe Price Group Inc., during a recent webinar by the organization. “We anticipate this is going to happen for three main reasons. One is that retirement plan participants are facing increasingly complicated financial backdrops . […]
An article on how winter weather impacts employers’ return-to-office and hybrid work policies was the most-read article on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Winter weather exposing cracks in return-to-office flexibility: expert 2. Tribunal rules employer’s conduct creating emotional discomfort […]
Generation Z workers are facing greater mental-health difficulties and increasing rates of chronic disease compared to other age groups, according to a new report by Sun Life Financial Inc. The report, which drew data from more than 20,000 employers and more than three million plan members, found more than 50 per cent of gen-Zers’ long-term […]
Employers can help young employees transition from the classroom to the workplace by being clear about the skills they’re looking for, says Gemma Kenyon, director of careers and employability at City St. George’s, University of London. “We hear from students that there’s a lot of different language around skills and expectations, so I think being […]
A third of employed Canadian professionals plan to look for a new job in the first half of 2026, up from 26 per cent in July 2025, according to a new survey by Robert Half Canada Inc. The survey, which polled more than 1,400 workers and 350 unemployed job-seekers across Canada, found better benefits and […]
While eight in 10 (82 per cent) Canadian generation Z employees believe they merit a raise next year, just 53 per cent anticipate they’ll receive one from their employer, according to a new survey by Employment Hero. The survey, which polled more than 800 employees, found while 62 per cent of gen-Zers feel they deserve […]
More than half of generation Z employees are coaching older colleagues on artificial intelligence, driving cross-generational collaboration and unlocking nearly a full extra day of productivity per week, according to a new report from the International Workplace Group. The survey, which polled more than 1,000 Canadian professionals, found 75 per cent of workers have experimented […]
For a typical middle-income Canadian without a workplace pension, the Canada Pension Plan is projected to provide roughly 50 per cent to 70 per cent of their retirement income, according to a new study by the Canada Pension Plan Investment Board and the National Institute on Ageing. It reinforced that CPP benefits aren’t intended to […]
Two-thirds (67 per cent) of Canadian employees say help with forecasting retirement income is the No. 1 way that employers can provide financial support to workers, according to a new survey by Manulife Financial Corp. The survey, which polled more than 1,600 employees, found more than half (57 per cent) of Canadian employees said their […]