In Canada, the coronavirus pandemic is entering a new phase — vaccines are widely available, travel restrictions are gradually lifting and people are returning to some normal routines in their personal lives. People’s work lives are also entering a new phase, with many employers and employees thinking about when — and if — they’ll return […]
The proposed amendments to the patented medicines regulations by the Patented Medicine Prices Review Board could have a big impact on both the group insurance and pharmaceutical industry. “The CLHIA is very supportive of PMPRB adjustments that may be coming,” said Joan Weir, director of health and disability policy at the Canadian Life and Health […]
Employer-sponsored health benefits cost trends are expected to increase 8.1 per cent on average globally in 2022, according to a new survey by Willis Towers Watson. The survey, which polled medical insurers across various geographic regions, found cost trends are expected to be as high as 14.2 per cent in Latin America, followed by 10.6 […]
Canadian employees want more comprehensive coverage under their benefits plans, according to a survey by the Conference Board of Canada and Telus Health. The survey, which polled more than 1,500 Canadian workers, found a majority (82 per cent) of respondents want basic dental services (such as preventative and minor restorative) covered by their benefits plans, […]
A story looking at dynamic pension pools as a decumulation option took the top spot over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. Dynamic pension pools a viable decumulation option for Canadians: report 2. Employers see retirement benefits as top attraction, retention tool: survey 3. Employers enforcing rules for […]
By beefing up its benefits programs and putting flexibility at the core of its offerings, Willful has been able to grow its staff amid a coronavirus pandemic-fueled tight labour market. The online estate planning company credits its fulsome total rewards package and its flexible workplace culture for its recruitment success. As a very small employer […]
Real progress means walking the walk, not just talking the talk. In recent months, many employers have shown support for the Indigenous community by lowering flags, participating in Orange Shirt Day and starting meetings with land acknowledgements. While symbolic gestures are a start, employers looking to attract and retain Indigenous employees need to do the […]
Five years ago, Rolls Royce Canada Ltd. realized its insurer and one of its European divisions’ insurers had separate reinsurance through a larger multinational company, so it worked out a deal to pool both divisions’ insured benefits. As a multinational company with more than 50,000 global employees, the automaker was an ideal candidate for a […]
Purolator Inc.’s senior director of total rewards and human resources technology talks mental-health leadership, return to the workplace and the benefits of time outdoors. Q: What top challenges do you face in your role? A: We have a very large workforce with different demographics and needs, so it’s really about continuing to evaluate whether our […]
Many companies used to boast about their modern offices with gyms, fully-stocked kitchens and even bowling alleys. But when the coronavirus pandemic hit, sharing a meal or treadmill with a colleague became a lot less attractive to workers, who could suddenly work from anywhere and thus, for anyone. The shift toward remote work means competition […]