Nearly all (97 per cent) employees aged 18 to 34 say they’re feeling burned out, according to a new survey by Cigna Corp. The survey, which polled about 12,000 employees from across the globe, found half (51 per cent) of young workers said they don’t feel fully present or engaged in their work and 48 […]
Around half (54 per cent) of U.S. employees say they’ve stopped or reduced retirement savings due to inflation, according to a new survey by Allianz Life Insurance Co. of North America. It found two-fifths (43 per cent) of workers said they’ve dipped into their retirement savings because of rising inflation. Eight in 10 (80 per […]
Nearly two-thirds (63 per cent) of U.S. employees would choose better work-life balance over better pay, compared to 31 per cent who said the opposite or six per cent who were unsure, according to a new survey by FlexJobs. The survey, which polled 4,000 workers from generation Z, millennials, generation X, baby boomers and the […]
A fifth (19 per cent) of U.S. employees say they’ve adjusted their retirement strategy and are taking a more conservative savings approach amid economic uncertainty, according to a new report by Fidelity Investments Inc. It found the total savings rate for the second quarter of 2022 continued the positive momentum achieved in the first quarter, […]
While nearly three-quarters (74 per cent) of small- and medium-sized employers say cost is the biggest hurdle to offering employee benefits, a majority of SME workers say low-cost benefits or perks are most important, according to a new survey by software company PeopleKeep. It found 93 per cent of respondents said paid time off is […]
Over the last three centuries, society has been living in a repetitive cycle featuring large and substantial reset moments. To think of these as historical blips is a mistake, said Leonard Brody, an Emmy-nominated business visionary, during the keynote session at Benefits Canada‘s 2022 DC Plan Summit. He urged delegates to think about the causations […]
Nearly three-quarters (73 per cent) of Canadian employees aged 18 to 34 and 69 per cent of workers aged 35 to 44 say they’re significantly more likely to leave their current employer for another role offering better benefits, according to a new survey by RBC Insurance Services Inc. The survey, which polled more than 1,000 […]
Half (49 per cent) of U.S. employees younger than age 34 are withdrawing early from an individual retirement account or 401(k), according to a new survey by Morgan Stanley. The survey, which polled more than 900 U.S. workers, found among those making early withdrawals, 20 per cent said they needed the money to pay for […]
Eight in 10 (83 per cent) North American workers are looking for more non-health benefits from their employer, according to a survey by Ceridian HCM Inc. The survey, which polled more than 3,000 workers in Canada and the U.S., found while 86 per cent said they have access to at least one type of non-health […]
Employees like Matt Fairbanks are one of the reasons the hospitality and restaurant industry is struggling to find workers even as the coronavirus pandemic wanes. The 34-year-old former bartender has moved from slinging beers in Toronto to selling software to restaurants for a Saskatchewan company, which he does remotely. “I was always kind of one […]