New U.S. Securities and Exchange Commission listing requirements that impact compensation clawbacks could create conflicts with domestic employment laws for Canadian companies listed on U.S. stock exchanges. The rules are expected to take effect on Oct. 2, 2023, with compliance mandated by Dec. 1, 2023. They require all issuers on U.S. exchanges to adopt mandatory […]
Canadian employers are investing in innovative financial, physical and mental-health benefits to drive their attraction and retention efforts, according to a new survey by Mercer. The survey, which polled more than 300 employers, found 59 per cent said they’ve invested in employee discount programs, followed by budgeting and other financial wellness education and supports (51 […]
Two-fifths (40 per cent) of U.S. employees say they’re working remotely at least one day a week, according to a new report by the Institute for Economic Policy Research at Stanford University. It found the average number of days worked from home increased amid the coronavirus pandemic, from roughly five per cent in 2019 to […]
Ottawa-based Ross Video Ltd. is supporting employee mental health through a virtual health-care platform. The platform, provided by Telus Health, allows employees and their dependants to connect with mental-health professionals in real time and fills a gap in local health-care services, says Hannah Barkley, the organization’s director of human resources operations. Virtual health care also […]
In 2019, Canadians with disabilities earned an average annual income of $43,400, substantially lower than people without disabilities ($55,200), a pay gap of 21.4 per cent, according to a new report from Statistics Canada. It found a 24.3 per cent pay gap between men with disabilities (average annual earnings of $48,700) and men without disabilities ($64,300). By comparison, […]
Fidelity Canada is supporting the future financial well-being of young Canadians through a new video series hosted by the organization’s employees. The series, known as Money Gains, consists of 10 videos in both English and French, geared towards students and covering a range of investment and retirement topics, including interest, returns, risks and timelines. It […]
A majority of Canadian employees want their employer to implement flexible work hours (68 per cent) and remote working options (52 per cent) to help them feel more in control of their workday, according to a survey by the Harris Poll on behalf of Express Services Inc. The survey, which polled more than 500 employers and […]
Victoria, B.C.-based technology company Redbrick is supporting its remote employees through individualized benefits offerings and unique virtual events. “For us, remote work continues to be part of a conscious effort to do what’s best for our employees,” says Christine Tatham, vice-president of people and culture at Redbrick. “We consider remote work in every decision we make. […]
An article on how Scotiabank is aligning its benefits offerings across global markets was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Scotiabank supporting employee well-being by aligning benefits offerings across global markets 2. Feds consulting on draft amendments to pension legislation for transfer of […]
Two-fifths (41 per cent) of U.S. employees say future generations of retirees will be worse off than those currently in retirement, according to a new survey by the Harris Poll on behalf of the Transamerica Institute and the Transamerica Center for Retirement Studies. The survey, which polled more than 5,700 U.S. employees, found this sentiment […]