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 […]
Canadian employees’ average level of workplace happiness reached 6.9 points out of 10 in October, up 0.3 points from the same month last year, according to a new survey by ADP Canada. It found 70 per cent of workers said fun and social moments at work play a meaningful role in their overall happiness. Nearly […]
Throughout her university career, Jacqueline Silver assumed her computer science degree would guarantee her a job. Finding out she was wrong was a demoralizing experience. Silver, who graduated recently from McGill University and now lives in Toronto, spent more than a year applying for hundreds of jobs before finally finding one in her field this […]
While climate change is exacerbating employees’ pre-existing health challenges, workers aren’t always making the link between these health impacts and the support provided in their group benefits plan, says Marie-Chantal Côté, senior vice-president at Sun Life Health. “Employers have a great opportunity to continue to support employees by raising awareness of the supports available. A […]
Eight in 10 (80 per cent) Canadian employees with a professional financial plan say they’re able to retire at their desired age, compared to 72 per cent who created their own plan and just 36 per cent of workers who don’t have a plan, according to a new survey by KPMG in Canada. The survey, […]
When Priya*, a 38-year-old consultant at a mid-sized professional services firm, realized the timing wasn’t right to have children, she began exploring egg freezing as a way to preserve her options. Like many women balancing career goals, personal circumstances and the realities of fertility, she saw it as a proactive step towards building the future […]
Nearly nine in 10 (89 per cent) Canadians with life insurance say it supports their mental well-being, particularly by providing peace of mind that their loved ones will be financially protected and reducing worry about debts and final expenses, according to a new survey by Blue Cross. The survey, which polled more than 2,100 Canadians […]
An article on Symcor Inc.’s approach to supporting employees going through menopause was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Symcor hosting menopause awareness session, supporting employees with benefits, resources 2. Millennials, gen Z workers staying in […]
A record number of benefits plan members are dealing with extreme levels of daily stress, according to the 2025 Benefits Canada Healthcare Survey. The 27th edition of the survey, which polled 1,000 Canadian group benefits plan members and 500 plan sponsors earlier this year, found two in five (39 per cent) members said they experience […]