While U.S. generation Z workers want to retire at age 61, 99 per cent of these employees say they’re facing obstacles to saving for a comfortable retirement, a nine per cent increase from 2022, according to a new survey by Charles Schwab & Co. Inc. The survey, which polled 1,000 401(k) plan participants, found the […]
Just four in 10 (43 per cent) U.S. employees say their company supports them with resources to better manage and improve their well-being, down from 53 per cent in 2022, according to a new survey by human resources consultancy Alight Solutions. The survey, which polled more than 2,000 employees, found fewer than half rated their mental/emotional […]
More than half (53 per cent) of U.S. workers say diversity, equity and inclusion is a key factor when considering a new job, a percentage that increases among millennials (63 per cent) and generation Z (77 per cent), according to a new survey by Eagle Hill Consulting. The survey, which polled nearly 1,400 workers, found […]
Despite incidences of burnout dropping five percentage points over the past year, two-fifths (45 per cent) of U.S. employees say they’re feeling burnt out at work, according to a new survey by Eagle Hill Consulting. The survey, which polled more than 1,000 respondents, found women and younger workers are reporting the highest levels of burnout. Indeed, […]
Nearly two-thirds (61 per cent) of employers recognize they’ll need to offer a wider variety of benefits options to meet the expectations of the different generations in their workforces, according to a new report by LIMRA and EY. In particular, the survey, which polled more than 800 U.S. employers and more than 1,800 employees, found demand […]
Canadian employees across all generations value the flexibility and autonomy that remote working provides in their careers, according to a report by Robert Half Canada Inc. The report, which compiled data from three separate surveys with a total of more than 2,000 respondents, found a quarter (25 per cent) said they’d take a pay cut […]
Two-fifths (41 per cent) of U.S. employees say future generations of retirees will be worse off than those currently in retirement, according to a new survey by the Harris Poll on behalf of the Transamerica Institute and the Transamerica Center for Retirement Studies. The survey, which polled more than 5,700 U.S. employees, found this sentiment […]
Since 2016, millennials have made up a larger share of the working population than baby boomers — and today, one in three Canadians of working age is a millennial, according to Charmaine Alexander, senior advisor in disability management at Desjardins Insurance, speaking during Benefits Canada’s 2023 Benefits & Pension Summit in June. A recent survey […]
Employees are finding their compensation, benefits and options for career advancement are less satisfying, according to a new survey by ADP Canada. The survey, which polled 1,200 Canadian workers, found that, on a scale of one to 10, the average national work happiness score was 6.6, down slightly from 6.7 in May. More than two-fifths […]
While U.S. workers believe they’ll need roughly $1.27 million in savings to retire comfortably, employees have, on average, just $89,300 in retirement savings, according to a new survey by Northwestern Mutual. The survey, which polled more than 2,700 employees, found 52 per cent said they expect to be financially prepared for retirement when the time […]