With climate change affecting the planet and artificial intelligence disrupting the concept of work, a profound generational shift is underway in how young people are thinking about their futures. “When previous generations worried about retirement, they mainly focused on financial risk, market turndown, inflation and health-care costs,” said Kelly Peters (pictured left), behavioural economics leader […]
While generation Z and millennial employees report the highest levels of satisfaction from flexible working arrangements, employees across all generations have increasingly embraced flexible work over the last five years, says Sandra Lavoy, regional vice-president at Robert Half Canada. “The pandemic completely shifted expectations and sentiments in the workplace and many people in older generations […]
When Nikelle Inman started a new job coaching first-generation college students, she looked forward to meeting with them one-on-one to talk about how to surmount obstacles and find resources to succeed. Instead, she and her fellow success coaches at a community college in North Carolina spent a year mired in paperwork, tasked with reviewing applications […]
While more than two-thirds of Canadian employers expect wages to increase in 2025 compared to last year, more than half (57 per cent) fear it won’t be enough to prevent employees from leaving for better wages and benefits elsewhere, according to a new survey by the Harris Poll on behalf of Express Services Inc. The […]
Friendship among employees can yield several benefits for employers, including supporting their attraction and retention strategies, according to a new survey by the Harris Poll on behalf of Express Services Inc. The survey, which polled more than 500 Canadian employees and more than 500 employers, found more than eight in 10 (85 per cent) employers […]
An article on the Ontario Municipal Employees’ Retirement System’s 2024 financial results 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. OMERS returns 8.3%, grows net assets to $138.2BN in 2024 2. Fewer millennials, gen Z employees on […]
While a quarter (26 per cent) of Canadians say they don’t face any barriers and are on track to saving for their ideal retirement, only 15 per cent of millennials and 10 per cent of generation Z say the same, according to a new survey by Edward Jones Canada. The survey, which polled more than […]
A majority (65 per cent) of Canadian employers say they have or are working on implementing a diversity, equity and inclusion policy, while 44 per cent of this group said they’re focusing on DEI to attract and retain employees, according to Benefits Canada’s 2024 Future of Work Survey. It found around three-quarters (72 per cent) […]
Half (51 per cent) of North American employees say they feel less fulfilled compared to five years ago, with hybrid workers feeling more fulfilled than their remote and onsite counterparts, according to a new survey by Ricoh USA Inc. The survey, which polled more than 2,000 North American employees, found 84 per cent said their […]
The impacts of artificial intelligence, upskilling and flexible work are among employers’ and employees’ main human resources considerations for 2025, says Candy Ho, a professor at Kwantlen Polytechnic University and board member at non-profit organization CERIC. “AI is still a prominent consideration for the HR industry because it will continue to transform everything from how […]