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The vast majority (89 per cent) of U.S. employees say they’d be more likely to continue working for an employer that offered a retirement plan, according to a new survey by Vestwell Holdings Inc. The survey, which polled more than 1,200 workers, found a similar percentage (89 per cent) expressed some level of interest in […]

  • By: Staff
  • February 21, 2024 February 21, 2024
  • 15:00

While ChatGPT is helping benefits communications become more efficient, detailed and reliable, the risks may outweigh the rewards when it comes to full automation, says Tom Milne, a principal at Normandin Beaudry. The possibilities for generative artificial intelligence in the benefits space are infinite, he says, noting the algorithms are helping expedite the research and […]

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The Ottawa Community Housing Corp. is continuing to see employee engagement in its health and wellness programs following its win in Benefits Canada’s 2022 Workplace Benefits Awards. The organization’s flexible well-being strategy won in the Health/Wellness program category for employers with fewer than 1,000 employees. In 2021, the OCH added more flexibility to its wellness programs by overhauling […]

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Nearly all (90 per cent) global employers say they plan to maintain investments in employee well-being and a third (31 per cent) say they’re planning to increase these investments amid the current economic environment, according to a new survey by Fidelity Investments and Business Group on Health. The survey, which polled more than 180 employers, […]

  • By: Staff
  • May 18, 2023 May 17, 2023
  • 09:00
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The union representing around 150 employees at West Fraser Timber in Fort Frances, Ont. has ratified a four-year collective agreement that includes multiple benefits gains. The new contract, which is retroactive to Aug. 1, 2022, includes a new maternity leave top-up program that provides new mothers with additional financial support. During the first eight weeks […]

  • By: Staff
  • March 13, 2023 March 10, 2023
  • 09:00

As employers increasingly see four generations represented in their workforces and a diverse range of employee needs, customization and flexibility in benefits and wellness plans are becoming key to creating healthy outcomes for all employees. The result of these offerings was “peace of mind for employees and their families and a sense of belonging in […]

The majority (80 per cent) of Canadian employers say they enhanced their total rewards programs in 2022 to better attract and retain employees, up from 63 per cent in 2020 and 2021, according to a new survey by Arthur J. Gallagher & Co. The survey, which polled more than 450 employers, found 44 per cent […]

  • By: Staff
  • December 8, 2022 December 7, 2022
  • 09:00
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The union representing roughly 300 employees at American Airlines in Toronto and Montreal has ratified a new two-year agreement that includes pension and benefits improvements. The agreement includes a 0.5 per cent increase to the matching formula for the defined contribution pension plan — from 5.5 per cent to six per cent — plus an […]

  • By: Staff
  • December 6, 2022 December 6, 2022
  • 09:00
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Six in 10 (60 per cent) U.S. employees say they’re more likely to stay at their current job if their employer offers a retirement savings plan, according to a new survey by Voya Financial Inc. The survey, which polled 1,000 employees, also found respondents are more likely to stay with their employer if they offer physical […]

  • By: Staff
  • November 18, 2022 November 18, 2022
  • 09:01

The provision of employer-sponsored benefits has evolved significantly over the last 45 years, with the past decade ushering in the most consequential changes, fueled by technology, increased competition and demand. In the 80s and 90s, benefits plans were very siloed and one size fits all, says Chris Pryce, founder and president of Human Capital Benefits, […]