As a financial institution that provides banking and wealth management services to customers, Meridian Credit Union ensures it also offers employees a comprehensive suite of services to support their financial wellness. This includes a defined contribution pension in which staff contribute a mandatory three per cent of annual earnings, with the employer contributing between three […]
Earlier this year, Mexico’s senate approved the creation of a new pension fund to help provide more retirement security for low-income citizens. The reform aims to ensure pensioners receive 100 per cent of their last monthly salary up to roughly 16,777 Mexican pesos (US$975), which is the average monthly wage for workers affiliated with the […]
The pharmaceutical company’s director of benefits and recognition discusses the needs of a multigenerational workforce, the role of diversity, equity and inclusion in benefits plans and exploring the world one dish at a time. Q: What top challenges do you face in your role? A: By striving to understand the changing needs of our diverse, […]
Nearly three-quarters (74 per cent) of Canadian employers have reduced the size of their office footprint by embracing hybrid work and allowing employees to work in office and co-working spaces closer to where they live, according to a new survey by International Workplace Group PLC. The survey, which polled more than 250 Canadian employers, found […]
Only 16 per cent of Canadian employers have implemented a pay transparency strategy, while 41 per cent have strategies in development and 22 per cent plan to develop their strategy within the next year, according to a new survey by Mercer. The survey, which polled more than 1,100 global companies, found 60 per cent said […]
Amazon Canada is supporting Canadian veterans through a dedicated employee resource group as well as paid leave and various veteran-specific programs. The Warriors at Amazon group includes thousands of employees and offers professional development and advocacy support for veterans and military spouses across the company’s workforce. The group is also leading the company’s Remembrance Day […]
While Canadian privacy laws allow employers to track employees in a remote or hybrid working arrangement, this surveillance must be related to their job. “Employers have a proper and reasonable right to supervise their employees and ensure they’re doing their jobs and doing them safely,” says David Young, principal at David Young Law. “The flip […]
The percentage of female benefits plan members using fertility drugs rose by roughly 12 per cent between 2019 and 2023, according to a new report by Manulife Financial Corp. The report, which analyzed the insurer’s 2024 aggregate claims data, found between 2021 and 2023, 15 per cent of new mothers made claims for mental-health treatments within […]
The Healthcare of Ontario Pension Plan’s extensive benefits coverage and focus on cross-collaboration landed the company a win in the Mental Health Program category for employers with fewer than 1,000 employees at Benefits Canada’s 2024 Workplace Benefits Awards on Oct. 18. The HOOPP’s mental-health strategy is designed to drive a program that educates and empowers employees and their […]
The majority (83 per cent) of generation Z frontline workers say they feel burned out, compared to 75 per cent of all frontline employees, according to a new survey by UKG Inc. The global survey, which polled nearly 13,000 workers, found 36 per cent of gen Z workers said they’d quit their job because it negatively […]