Keyword: Millennials

71 results found
Total rewards evolving to suit workforce of the future: Mercer

While total rewards were once based on pay and benefits in an attempt to cultivate long-term employee loyalty, the concept has evolved, according to Mercer Canada’s Gordon Frost. “We are focusing more on, in addition to pay and benefits, things like achievement, camaraderie, do we have equity in our pay?” said Frost, partner and career business leader, during a Mercer event […]

  • By: Ryan Murphy
  • September 6, 2018 September 13, 2019
  • 09:00
Majority of Canadians would take advantage of virtual doctor visits: survey

More than two-thirds (69 per cent) of Canadians would use virtual visits for at least a few of their appointments with physicians, according to a new survey by the Canadian Medical Association. The survey, which queried more than 2,000 people, shed some light on technology and health care, as well as the generation gap between older […]

  • By: Staff
  • August 14, 2018 September 13, 2019
  • 15:30
Lack of benefits biggest challenge of gig economy: survey

A lack of benefits, including medical, dental and disability, is the biggest challenge of working in the gig economy, according to a new survey by BMO Wealth Management. Among 1,000 Canadian small business owners surveyed, 69 per cent said a lack of medical, dental or disability benefits is the largest financial downside to working in the gig economy. Broken down by age group, 87 […]

  • By: Staff
  • July 30, 2018 September 13, 2019
  • 10:04
HR decision-makers concerned with attraction, retention of younger workers: survey

Almost 50 per cent of human resources decision-makers are concerned with their organization’s ability to attract and retain millennial and generation Z employees, according to a new survey by Allegis Group Inc. The survey, which polled more than 1,000 senior human resources professionals, also found 62 per cent of respondents said they feel their organization’s issues with […]

  • By: Staff
  • June 29, 2018 September 13, 2019
  • 09:02
Surveys show pension concerns for both Canadian millennials, seniors

Almost a third (32 per cent) of Canadian millennials cited the lack of a pension plan as one of the concerns of working in the gig economy, according to a new survey by TD Insurance. The survey, which queried more than 6,000 Canadians over the age of 18, also found millennials are concerned about the gig economy’s […]

  • By: Staff
  • May 29, 2018 September 13, 2019
  • 16:00
Hybrid of core coverage, personalized benefits touted as future of health plans

What’s the future of health benefits in Canada? A hybrid model of core coverage and personalized benefits is a likely scenario, speakers at an event in Toronto said on Wednesday. “Our vision is really a hybrid model, where you have this traditional benefit program there to support your employee should something happen, something unpredictable that […]

Pension benefits major factor in accepting a job: survey

More than three-quarters (78 per cent) of North American employees and retirees with pension plans said the availability of those benefits was a major factor in deciding whether to accept a job, according to a new survey by Accenture. Its survey, which polled nearly 3,000 Canadian and U.S. workers, also found that pensions remained a loyalty factor after […]

  • By: Staff
  • April 19, 2018 September 13, 2019
  • 11:24

With studies suggesting some gaps in financial literacy among millennials, a panel at the 2018 Benefits and Pension Summit will tackle ways of educating and reaching younger plan members. Shannon Lee Simmons, founder of the New School of Finance and a member of the panel at the April 17 event at the Ritz-Carlton Hotel in Toronto, says a lot of […]

Canadians estimate $756K will provide a comfortable retirement

Ninety per cent of Canadians don’t have a retirement plan that takes into account their desired post-retirement lifestyle, according to a new survey by the Canadian Imperial Bank of Commerce. Its survey, which polled more than 1,500 Canadian adults, also found 53 per cent of respondents aren’t sure if they’re saving enough while 37 per cent haven’t thought about retirement or […]

  • By: Staff
  • February 9, 2018 September 13, 2019
  • 09:06
Key innovations to help millennials navigate the pension jungle

While retirement may not yet be at the top of millennials’ priority lists, it won’t be long before they arrive on the pension scene. How can the industry prepare for their arrival? And what might the rejuvenation look like? Let’s start by examining the pension world as we know it today. On the workplace front, […]

  • By: Bita Jenab
  • February 9, 2018 March 17, 2021
  • 08:56