Employee turnover is taking a significant financial toll on Canadian companies, with nearly one in five hiring managers (17 per cent) saying it costs their organization more than $100,000 annually, according to a new survey by the Harris Poll on behalf of Express Services Inc. The survey, which polled more than 500 employers, found the […]
With just two weeks to go until the 2025 Workplace Benefits Awards’ nomination process draws to a close, Benefits Canada is pleased to announce this year’s panel of expert judges. The deadline for this year’s awards is June 30, at which time the awards entries will be turned over to the hands of several industry […]
Every June, rainbows pop up across corporate Canada — it’s a sign that Pride Month is in full swing. But when the calendar flips to July, many of those gestures quietly and abruptly disappear, prompting employees to ask: Was that a meaningful commitment or just another seasonal marketing moment? “The purpose of Pride or Mental […]
Scotiabank is appointing Jason Traetto as vice-president of global pensions and benefits. In the new role, he’ll lead the bank’s commitment to the total well-being of employees and their families while providing inclusive benefits to attract and motivate talent, according to a Scotiabank spokesperson. Read more People Watch news. Prior to joining Scotiabank, Traetto was associate vice-president […]
In the next three years, more than half (57 per cent) of global employers plan to reallocate or rebalance their benefits spend, adding or enhancing some benefits (23 per cent) while reducing or removing others (two per cent), according to a new survey by WTW. The survey, which polled more than 5,500 global employers, found […]
Arina Kharlamova was cradling her two-month-old daughter when an email popped into her inbox that disrupted the calm of her maternity leave. The message invited the Whitby, Ont., woman to a meeting where she was told she was part of a layoff affecting 30 per cent of the staff at the company she worked for. […]
Amazon Canada is supporting employees who are new Canadians through its new immigration legal referral program. The program, which is available to all full- and part-time employees across Canada, provides access to legal counsel for themselves and their families at an affordable price. The available legal services, provided through immigration law firm Green and Spiegel […]
An article on how pension plan sponsors can manage risk amid economic and geopolitical instability was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Expert panel: Risk management tips during economic, geopolitical uncertainty 2. Institutional investors reconsidering ESG […]
Scotiabank is bringing many of its corporate employees back to the office at least four days a week starting this September, reinforcing a post-pandemic push to rebuild in-person culture and collaboration. According to a report by Bloomberg, the change was outlined in an internal memo sent last week to Canadian banking employees in the Greater […]
The majority (82 per cent) of Canadian employers say cost is their primary consideration when defining and reviewing benefits, compared to 66 per cent of global organizations, according to a new survey by MBWL International and Normandin Beaudry. The survey, which polled more than 350 employers across 100 countries, found more than half (54 per […]