Roughly half of U.S. employees say rising costs (49 per cent) and recent financial crises (46 per cent) have caused them to reduce or stop their retirement savings, according to a new survey by Allianz Life Insurance Co. of North America. The survey, which polled more than 1,000 employees, found more than half (56 per […]
In three short years, the relationship between Canadian employers and employees has changed dramatically as a result of the coronavirus pandemic’s impact on health, finances and overall sense of security. While there’s a lot of talk about the world settling into a new normal in 2023, it’s not clear what that will look like. The […]
More than a third (36 per cent) of Canadian employees say they feel more burned out than a year ago, according to a new survey by Robert Half Canada Inc. The survey, which polled more than 1,100 workers, found 39 per cent said they feel uneasy about expressing feelings of burnout with their manager. Nearly a […]
More than two-fifths (44 per cent) of Canadian employees say they’re satisfied with their current role and responsibilities, according to a new survey by ADP Canada. The survey, which polled more than 1,200 employees, found that, on a scale of one to 10, the national work happiness score was 6.7, up slightly from 6.6 in […]
Three-quarters (76 per cent) of Canadians say they’ll need to work longer than their parents to become financially secure in retirement, a percentage that increases among millennials (85 per cent) and generation X (84 per cent), according to a new survey by Edward Jones Canada. The survey, which polled more than 1,000 employees, found 82 per […]
An article on American Express Canada’s onsite counselling service was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Amex Canada supporting employee well-being with onsite counselling, enhanced mental-health resources 2. Majority of millennial, gen Z workers more likely to stay with employers that provide benefits: […]
While the majority (84 per cent) of U.S. workers say they’re at least somewhat happy at work, nearly two-thirds (60 per cent) report some level of burnout, according to a new survey by the Hartford Financial Services Group Inc. The survey, which polled more than 1,100 employees and more than 500 employers, found the vast […]
More than half of generation Z (56 per cent) and millennial employees (65 per cent) say their current benefits package makes them somewhat more likely to remain with their employer, according to a new survey by LIMRA. The survey, which polled more than 4,000 U.S. employees, found 54 per cent of workers said they view their benefits […]
With many stressors weighing on employees amid the current economic climate, it’s important for employers to recognize the ‘rage applying’ trend is rooted in workplace mental-health issues, says Paula Allen, global leader of research and client insights at Telus Health. Employees’ hypersensitivity to stress can present itself through interpersonal communications, including expressions of anger and […]
With multiple generations in Canada’s diverse labour force, each generation has distinct needs and expectations, with millennials, in particular, creating increasing challenges for plan sponsors. The age group is comfortable talking about finances, but they aren’t saving for retirement, said Maria-José Perea, vice-president of product innovation in group retirement savings at Desjardins Insurance, during Benefits […]