Employer-sponsored retirement plans that offer matching contributions can help younger workers retire earlier and with more money, according to a new report by Mercer Canada. The report based its findings on a sample worker aged 30 earning $70,000 and with $30,000 of personal debt, using five per cent of their income to either pay down […]
More than half (57 per cent) of Canadian employees say they’d feel happier in the workplace if they got a raise, according to a new survey by ADP Canada Co. The survey, which polled more than 1,200 employees, found roughly a third said a bonus would make them happier (35 per cent) or more vacation […]
Employers can support a multigenerational workforce by understanding each generations’ needs and offering flexibility and empathetic leadership, says Darryl Wright, a partner at Ernst & Young Canada. An October 2023 survey by EY found a quarter of Canadian employees were likely to quit their job in the next 12 months, with generation Z and millennials […]
More than half (58 per cent) of Canadian employees say they prefer to work in a hybrid arrangement (33 per cent) or fully remotely (25 per cent), according to a new survey by LinkedIn Corp. The survey, which polled more than 2,600 employees, found 39 per cent said they prefer to work mostly onsite, either […]
Work-life balance continues to be the No. 1 factor driving Canadians’ workplace happiness, according to a new survey by ADP Canada Co. The survey, which polled more than 1,200 employees, found employees gave work-life balance and support the highest work happiness scores, ranking it 6.9 points on a scale of one to 10, followed by […]
More than half (52 per cent) of workers say receiving an annual bonus makes them feel appreciated at work, according to a new survey by Robert Half International Inc. The human resources consultancy recently conducted a LinkedIn poll that also found employees said trust from their boss (29 per cent) and receiving verbal recognition (16 per cent) […]
Nearly three-quarters (71 per cent) of Canadian workers say their rising cost of living is increasing faster than their income, according to a survey by Scotiabank. The survey, which polled more than 1,500 employees, found Canadians, on average, worry about their finances for 15 hours a week, up from 10 hours last year. Read: Hydro Ottawa providing […]
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 […]
Two-fifths (42 per cent) of Canadian employees say they’ve already started looking, or plan to look, for a new job in the first half of 2024, up slightly from 41 per cent in July 2023 but down from 50 per cent in December 2022, according to a new survey by Robert Half Canada. The survey, which polled more […]
While nearly all (96 per cent) Canadian generation Z and millennial employees say they want to work for an employer that encourages workers to share new ideas, only slightly more than half (55 per cent) say their workplace embraces this principle, according to a new survey by the Angus Reid Institute on behalf of Nestle […]