Scotiabank is increasing its focus on mental health through expanded benefits coverage and additional training for employees in leadership roles. Beginning April 1, 2022, all eligible employees and dependants will have $10,000 — up from a previous limit of $3,000 — in mental well-being services as part of their core coverage, including access to clinical counsellors, internet-based […]
A majority of Canadian employers believe providing workplace retirement savings plans can improve employee attraction and retention, according to a survey by Maru Group Ltd. on behalf of the Healthcare of Ontario Pension Plan. The survey, which polled 800 Canadian employers, found 88 per cent of those that offer a defined benefit pension plan said […]
Almost half (46 per cent) of small businesses that are currently experiencing hiring difficulties have increased wages, while 27 per cent have increased benefits and 19 per cent have introduced a shorter work week, according to a new survey by Maru Public Opinion for ADP Canada Co. It found while 79 per cent of small […]
Migraine affects 12 to 15 per cent of Canadians, said Dr. Elizabeth Leroux, a Montreal-based neurologist, president of the Canadian Headache Society and chair of Migraine Canada, during a webinar hosted by Benefits Canada and sponsored by Lundbeck Canada Inc. in October. According to the World Health Organization, a severe migraine attack is as disabling […]
Prescription drug costs for public drug plans rose to $12.5 billion in 2019/20, a 3.7 per cent rise in spending since 2017/18, driven primarily by increases in the use of higher-cost drugs, according to a report by the Patented Medicine Prices Review Board. The report, which reviewed data from the National Prescription Drug Utilization Information […]
Whole Foods Market is offering its employees enhanced overtime and bonuses for hours worked during the busy holiday season. The grocery chain, which has 10 stores across Canada, is providing hourly store and facility employees enhanced overtime equivalent to two-times base wage and a one-time “appreciation” bonus for hours worked between Oct. 4, 2021 and […]
Ontario is revealing more about its previously announced plans to spend $12.4 million on more mental-health and addictions supports for frontline health-care workers. Following the provincial government’s announcement in its fall economic statement, it said Tuesday it will invest $5.9 million in services offered through hospitals, such as self-referral and intake services, online discussion groups and confidential clinician support. […]
Trust isn’t something organizations can build, but rather something they must earn, according to Dr. Rumeet Billan, president and chief executive officer at Viewpoint Leadership Inc. “We actually can’t build trust, because building trust assumes that we are in control of who will trust us and how much trust they’re going to give us — and […]
The Royal Bank of Canada is focusing on mental health to engage and retain employees as the bank shifts to a hybrid work model. While the bank already began upgrading its mental-health benefits in 2018, the coronavirus pandemic highlighted the need to continue supporting employee mental health, says Andrejka Massicotte, senior director of benefits and wellness […]
A new study is urging employers to transition from a traditional focus on employee benefits to one that covers job and work design, management, rewards practices, a commitment to psychological safety and fairness and a culture of employee listening. The Josh Bersin Co., a U.S.-based research and advisory company, examined 91 practices and programs in […]