While the recent pullback from diversity, equity and inclusion policies by several large employers may be concerning to some employees, it also provides companies with an opportunity to re-examine their definition of DEI. “I think some [employers] perceive that [DEI] is about lowering the bar or checking a box and not hiring the most qualified […]
Molson Coors Beverage Co. says it’s dropping its diversity, equity and inclusion policies and taking a “broader view” in which all employees know they’re welcome, but groups representing the LGBTQ2S+ community say the move is a step backward. An internal memo shared by the brewing company with the Canadian Press said Molson Coors’ DEI employee training is […]
Ford Motor Co. and Lowe’s Companies Inc. have joined the ranks of companies that have pulled back on diversity, equity and inclusion policies while facing pressure from conservative groups. Last week, Ford chief executive officer Jim Farley sent a memo to all employees outlining the changes, including a decision to stop taking part in external […]
U.S. employers’ health benefits costs are expected to increase to nearly eight per cent for 2025, the highest amount in more than a decade, according to a new survey by Business Group on Health. The survey, which polled 125 large employers, found they’re planning to continue to absorb much of the increases at least for […]
When Finland introduced changes to its parental leave policy in 2022, it was specifically aimed at encouraging fathers to take as much time off work as mothers and recognizing a wider range of family structures. The changes apply to parents with children born after Sept. 4, 2022, and give both birth and non-birth parents 160 […]
An article outlining the implications of a single-payer universal pharmacare system was the most-read story on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investmnet stories of the past week: 1. Sounding Board: What plan sponsors should know about pharmacare 2. Meet the 2024 Workplace Benefits Awards judges 3. Mental-health claims by Canadians up […]
The Ontario Pension Board is displaying its support for its LGBTQ2S+ employees and, indeed, the wider community, as some of its workers proudly wave the organization’s banner while marching in Toronto’s Pride Parade this weekend. Participating in the parade is just one of the ways in which the organization is fostering an inclusive culture in […]
For Pride Month, 1Password is bringing employees together to highlight intersectionality through a host of initiatives, including a keynote presentation by Canada’s Drag Race‘s season one contestant, Kyne. “This year, we really wanted to focus on intersectionality and bringing the different visible minorities together in new and interesting ways,” says Ionas von Zezschwitz, the identity security company’s […]
One consultant says these campaigns are informing employers’ strategic decision-making, while another stresses the importance of ensuring employees understand the reason for marking these occasions. Michelle Grocholsky, founder and chief executive officer, Empowered EDI Many employers are aligning these monthly campaigns to support and advance strategic diversity, equity and inclusion actions. For example, employee storytelling campaigns […]
Financial literacy initiatives and a wide range of capital accumulation plan options are key components in supporting the financial health of midwives, said Nicole Mellin, executive director of the Association of Ontario Midwives Benefits Trust (pictured left), during a session at Benefits Canada’s 2024 Defined Contribution Plan Summit in February. The association provides its roughly […]