The 2024 Benefits Canada Healthcare Survey highlighted the perfect storm plan sponsors are facing: trying to strike the right balance between competitive benefits and plan sustainability. It’s something that resonates with the benefits leads of three major Canadian employers, who said during Benefits Canada’s report launch event that benefits utilization and meeting the needs of a […]
Benefits plan sponsors’ efforts to reduce stigma around mental-health challenges and encourage employees to bring their whole selves to work are bearing fruit, said benefits and wellness experts during Benefits Canada’s launch event for the 2024 Benefits Canada Healthcare Survey. The survey found three-quarters of plan members and 87 per cent of plan sponsors agreed […]
Canadian health benefits plan members are increasingly feeling financially strained, according to the 2024 Benefits Canada Healthcare Survey — a finding that experts say should be a call to action to employers to include more financial wellness supports in benefits plans. Personal finances has remained plan members’ top stressor for the past two years, with […]
While three-quarters (76 per cent) of benefits plan members agreed their employer’s workplace culture or environment encourages health and wellness, plan sponsors were more enthusiastic, with 87 per cent agreeing, according to the 2024 Benefits Canada Healthcare Survey. While 24 per cent of plan members disagreed their workplace culture encourages health and wellness, that percentage rose […]
A large majority (80 per cent) of Canadian employers feel it’s extremely (36 per cent) or somewhat challenging (44 per cent) to provide benefits in today’s economic climate, according to the 2024 Benefits Canada Healthcare Survey. However, three-quarters (77 per cent) of plan sponsors indicated their health benefits plan was extremely or very important to […]
Nearly two-fifths (38 per cent) of benefits plan members are experiencing a general sense of loneliness, isolation and social disconnection, according to the 2024 Benefits Canada Healthcare Survey. This result increased significantly among those with self-reported poor mental health (76 per cent), those who had divorced or separated in the past year (74 per cent), […]
A quarter (24 per cent) of U.S. employees who are in a caregiving role for both a child and dependent adult are more likely to say they want to leave their current job, according to a new survey by Principal Financial Group. The survey, which polled 500 employers and 500 employees, found 22 per cent […]
More than half (54 per cent) of Canadian employees say affordability is among the top barriers to improving their well-being, according to a new survey by RBC Insurance. The survey, which polled 1,000 working adults, found while nearly all said they need to improve their health and well-being, respondents cited barriers including lack of motivation […]
With flu season around the corner, it’s important for employers to communicate that it’s acceptable to take sick days and prioritize well-being so employees don’t feel guilty taking time off, says Jodi Kovitz, chief executive officer of the Human Resources Professional Association. “It really is on leaders to encourage people to take sick days because it’s […]
One chief executive officer acknowledges that employers have made promising progress, while a human resources director argues more work needs to be done. Jodi Kovitz, chief executive officer of the Human Resources Professionals Association I’m heartened by the progress we’ve made towards gender equity in Canada, particularly in leadership roles. Since 2015, the percentage of […]