Scotiabank is aiming to increase the representation of visible minorities in senior management roles by 30 per cent or more over the next five years, as part of renewed efforts to diversify its employee population. The step is one of several the bank is taking to address diversity and inclusion in its workforce in the wake […]
With winter coming and the second wave of the coronavirus pandemic hitting many regions across Canada, employee mental health is also taking a hit. To help leaders support their team members who are struggling through the protracted crisis, IBM Canada Ltd. is providing education and training to help its managers recognize when an employee might […]
The second wave of the coronavirus pandemic is currently slamming into regions across Canada, once again testing employers’ resilience in the face of mounting challenges. But resilient managers can bounce forward out of adversity, stay focused and productive through constant change and continue to thrive when things are difficult. Resilience equips people to deal with […]
White-collar staff reaping the financial benefits of working from home should be taxed to help other workers who aren’t getting the same advantages, experts at Deutsche Bank said in a new report. In its report on how to rebuild the economy after the coronavirus pandemic, the bank proposed a five-per-cent daily tax on each employee that […]
Scotiabank is introducing a program that will allow benefits-eligible Canadian employees to purchase up to five additional personal days. The program is effective April 1, 2021, which marks the beginning of the bank’s benefits plan year. Employees can use their flex credits during benefits enrolment to purchase the additional days. The latest benefit is in addition to […]
Usually, this time of year sees employers hosting holiday parties and handing out bonuses. But this isn’t a typical year. The ongoing coronavirus pandemic means many human resources leaders and managers will have to think outside the sparkly gift box for ways to mark the end of the year and acknowledge employees. While a party is a often popular way […]
The union representing General Motors of Canada Co. employees in Ontario have ratified a new three-year collective agreement that removes changes to a legacy defined benefit plan as part of ongoing pension discussions. The deal restores the legacy DB plan by removing a member contribution requirement and a 30-year cap on credited service introduced in […]
Sun Life Financial is introducing a digital program to advance workplace diversity, inclusion and equity among its global workforce. The peer learning program, by Hive Learning Ltd., is designed to help employees own, accelerate and embed change, increasing the pace at which inclusion becomes a habit, according to a press release. Read: How to use benefits to support […]
Soon after the beginning of the coronavirus pandemic, layoffs and the shift to remote working resulted in a 30-year low in female participation in the Canadian workforce, threatening to undo gains in gender equity in the workplace, according to a new report by the Canada Pension Plan Investment Board. Women have suffered the most layoffs or furloughs during the pandemic […]
Arthur J. Gallagher & Co. is acquiring integrated talent management firm Optimum Talent Inc. With this acquisition, the Quebec-based company will gain access to Gallagher’s resources, enabling it to further enhance its plan sponsor offerings, noted a press release. As well, the merger will allow Gallagher to expand its reach in the benefits and human resources consulting […]