While a majority of U.S. employees say they’re very confident (39 per cent) or confident (29 per cent) they’re doing a good job preparing for retirement, nearly two-thirds (62 per cent) either strongly or somewhat agree that preparing for retirement makes them feel stressed, according to a new survey by the Employee Benefit Research Institute. […]
With employees often struggling to find benefits offerings related to mental-health support or chronic conditions, demand for health-care system navigation services has increased significantly in the past few years. In May 2023, the Bank of Montreal launched a digital mental-health navigation guide, available to employees in both Canada and the U.S., that streamlines access to […]
The RBC’s senior director of North American benefits and global well-being discusses building flexibility into the modern benefits plan, harnessing AI capabilities in the banking world and finding wellness in the great outdoors. Q: What top challenges do you face in your role? A: Employees are looking for meaningful support in both their professional and […]
Fewer U.S. workers are leaving their jobs, with roughly two-fifths citing improved work-life balance (44 per cent), interesting work (41 per cent) and financial stability (38 per cent) as their top reasons for staying with their current employer, according to a new survey by software company Ringover. The survey, which polled more than 1,000 workers, […]
This Mental Health Week and beyond, employers can support employee mental health using digital toolkits, mental-health coaching and by providing adequate coverage, says Marie-Chantal Côtè, senior vice-president of group benefits at Sun Life Financial Inc. Mental-health practitioner claims more than doubled between 2019 and 2023, according to a recent report by Sun Life that examined claims […]
The union representing more than 600 employees at GreenShield Canada in Toronto and Windsor, Ont. has ratified a three-year collective agreement that includes pension and benefits gains, ending a strike that began on March 1. The agreement includes a $1.50 increase to the defined benefit pension plan for each year, bringing employees from a $71 […]
More than half (55 per cent) of Canadian employees say their employer-sponsored health benefits don’t fully meet their needs and two-fifths (42 per cent) say a lack of timely access to their health-care provider may be negatively impacting their health, according to Telus Health’s latest mental-health index. The survey, which polled 3,000 employees, found the […]
A majority (90 per cent) of U.S. workers have “rage applied” for a new job in the last six months, according to a new survey by Bold Ltd. The survey, which polled more than 1,200 employees, found nearly nine in 10 (88 per cent) said they’ve experienced burnout, with roughly a quarter noting they think about quitting their job every […]
Is your organization leading the way in transforming policies and programs to meet the evolving needs of employees? Are you stepping up your financial wellness initiatives to help employees through today’s difficult economic reality? Are you going the extra mile to support your employees’ mental health or implementing an award-worthy diversity, equity and inclusion strategy? […]
Generation Z and millennials say they’d expect a 10 per cent salary increase, on average, if they were unable to work in a hybrid working arrangement, according to a survey by IWG Canada. The survey, which polled more than 1,000 Canadian adults who work in a flexible, hybrid environment, found an overwhelming majority of gen Z […]