Mergers and acquisitions can give rise to many legal and financial complexities related to executive compensation. “The key thing from acquirers’ point of view is to understand what their objectives are with respect to executive compensation,” says Elizabeth Boyd, a pensions, benefits and executive compensation partner at Blake, Cassels & Graydon LLP. “Decisions must be […]
Eliminating sick notes for Canadian employees would help remove the administrative burden for both employers and medical professionals, while also improving workplace trust, says Olivia Cicchini, human resources and employment law expert at Peninsula Canada. The Canadian Medical Association is calling for the elimination of sick notes for short-term minor illnesses across the country, which could […]
Nearly half (46 per cent) of Canadian employers say they plan to add new permanent positions in the first half of 2025, while 49 per cent plan to fill vacated positions, according to a new survey by Robert Half Canada. The survey, which polled more than 1,000 employers, found among managers who plan to increase […]
Employers can ensure employees remain safe during holiday celebrations through a combination of communication and robust human resources policies. “I think most companies are at a point now where they do set expectations about what is appropriate and acceptable behaviour,” said Jessica Culo, president of Specialized Recruiting Group (an Edmonton-based affiliate of Express Services Inc.), […]
Almost two-thirds (61 per cent) of U.S. employers have implemented a formal policy that requires employees in the office for a minimum number of days a week, according to a new survey by WTW. The survey, which polled more than 300 employers, found the push for increased onsite work is driven by the belief that […]
An article about the National Institute on Ageing’s report on missing pension plan members 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. NIA addressing issue of missing pension plan members with new report 2. 88% of employees with disabilities, neurodivergence […]
When Hydro Ottawa was preparing for its first wave of retiring baby boomers in 2011, it began working on a strategy to mitigate the subsequent impact on the workforce and organizational memory. “Part of the strategy was to think about how we could manage both the number of retirements, but also the amount of knowledge […]
When a company is undergoing a merger or acquisition, it’s important to maintain consistency regarding benefits plans and streamline the process as much as possible. “It’s crucial to allocate the proper resources to make sure the process goes smoothly and benefits coverage is maintained or improved upon,” says Connie Cooper, associate vice-president of executive financial […]
The hospitality company’s pension and benefits manager discusses gen Z in the workforce, student debt repayment programs and family vacations. Q: What new programs or initiatives are you looking to implement? A: We’re considering providing more flexibility and inclusive benefits in our health coverage, family support program and paid leave plans to better meet the […]
Several Canadian cities rank among the best global locations for work-life balance, according to a new report by Mercer. The report ranked cities according to the practicalities of daily life for international talent and their families. It ranked Vancouver as the best city for work-life balance in North America and No. 7 globally. Four other […]