The world of work is shifting at an unprecedented pace. Advancements in technology, evolving regulatory requirements, and rising employee expectations are transforming the way organizations design and deliver total rewards. At the same time, total rewards teams are expected to navigate these increasing complexities with fewer resources and tighter budgets. The challenge ahead will be […]
While the majority of employees who plan to leave their current roles are doing so for higher pay or better benefits, a significant percentage are also changing jobs to escape from toxic workplaces and managers, said Lindsay Coffin, principal research associate at the Conference Board of Canada, during a recent webinar by the organization. According […]
An article on Ontario’s proposed changes to preferred pharmacy network agreements was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. How Ontario’s proposed changes to preferred pharmacy networks could reshape drug plan costs 2. How predictability in the […]
While eight in 10 (82 per cent) Canadian generation Z employees believe they merit a raise next year, just 53 per cent anticipate they’ll receive one from their employer, according to a new survey by Employment Hero. The survey, which polled more than 800 employees, found while 62 per cent of gen-Zers feel they deserve […]
Only a quarter of global employees felt appreciated at work in 2025, according to a new report from the Achievers Workforce Institute. The survey, which polled roughly 2,500 employees and 1,500 human resources professionals across eight countries, found only 25 per cent of workers saw a long career with their employer and 34 per cent […]
Global employers are shifting their approach toward the use of diversity, equity and inclusion metrics in their executive compensation plans amid growing politicization of DEI, according to a new report by WTW. The report analyzed filings from companies listed on the S&P 500, the TSX 60, the FTSE 100 and other major indices in Europe. […]
The Royal Bank of Canada is appointing Rosemary Hatnay as vice-president of total rewards delivery. She previously worked at Scotiabank, where she held a series of roles including, most recently, vice-president of global payroll and total rewards solutions. Prior to that, she was Scotiabank’s vice-president of global total rewards solutions and operational effectiveness and director […]
An article on how employers can approach pay-for-performance amid economic volatility was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Expert panel: How employers can rethink pay-for-performance in a volatile economy 2. Survey finds many women aged 55+ […]
Economic headwinds, cost pressures and shifting employee expectations are forcing organizations to rethink performance compensation. Traditional pay-for-performance models, built for more predictable business cycles, are showing signs of strain. Many leaders are now asking a difficult but necessary question: are salary increases and incentive awards still tied to performance, or have they evolved into entitlements? […]
The union representing workers at Loblaws Inc.’s distribution centre in Ajax, Ont. have ratified a new five-year collective agreement that includes benefits and wage gains. Employees with 15 or more years of service will now have their top-tier benefits plan fully paid by the employer, eliminating the previous monthly costs of $50 for single coverage […]