A survey demonstrating the strong appetite by Canadian employees for an employer-sponsored retirement plan took the top spot over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. 84% of employees consider retirement plan a critical benefit: survey 2. Bell Let’s Talk Day: Employers supporting staff amid pandemic stresses 3. Survey finds 29% […]
While 86 per cent of U.S. employers said mental health, stress and burnout are top priorities, only 25 per cent have already articulated and adopted a well-being strategy, according to a new survey by WTW. The survey, which polled 322 employers, found while 42 per cent redesigned their employee assistance program in 2021, 39 per […]
Slightly more than a third (38%) of working Canadians said having the option of full flexibility — regarding days, hours and location — for everyone would be the best working model for their team, according to LifeWorks Inc.’s latest mental-health index. Meanwhile, 17 per cent said they prefer all employees are together at the worksite and […]
Uber Technologies Inc. has signed an agreement with a private sector union that will provide representation to Canadian drivers and couriers, but doesn’t unionize workers. Through this agreement, Uber will prioritize new benefits and protections for drivers and delivery people, as well as enhancing their flexibility to work if, when and where they want, according […]
Scotiabank is implementing a new global standard for parental leave across its global footprint by 2025. The enhanced offering will include eight fully paid weeks for all parents welcoming a new child, such as adoptive parents, and eight additional fully paid weeks for parents who’ve given birth. The enhancements to the parental leave policy, which […]
Global consultancy Willis Towers Watson is rebranding as WTW. “Since 2016 we have been known as Willis Towers Watson, the combination of Willis and Towers Watson,” said Carl Hess (pictured), WTW chief executive officer, while leading the Nasdaq’s market opening bell ringing ceremony on Jan. 25. “Now we move forward as WTW, both a celebration […]
Employers in the U.S. are budgeting salary increases of 3.4 per cent in 2022, according to a new survey by WTW, formerly known as Willis Towers Watson. The survey, which polled more than 1,000 U.S. employers, found 32 per cent of respondents raised their salary increase projections in recent months. Employers boosted their projected average […]
Canadian workers’ financial well-being score is declining amid the ongoing coronavirus pandemic, according to LifeWorks Inc.’s latest financial well-being index. The survey, which polled 3,000 working Canadians, found their financial well-being score declined in the fall of 2021 to negative 2.3 from negative 1.6 in the summer and 2.2 in the spring of 2021. As some […]
This year, Canadian employers are marking Bell Canada’s Let’s Talk Day by addressing the ongoing coronavirus pandemic’s impact on the mental health of employees. The annual event, which began in 2010 to encourage discussions about mental health, is built on four pillars: mental-health research, workplace leadership, ending stigmas around mental health and advocating for mental-health […]
As Canadian employees face rising inflation and interest rates, C.F. Crozier & Associates Inc. is helping ease employees’ financial worries by offering benefits that appeal to staff at every stage of their lives. The time employees spend at work is just one stop along their personal and professional growth journey, says Nick Mocan, president of Crozier. […]