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 […]
Almost half of global organizations say employee productivity would increase by at least 10 per cent if their performance management process was optimized, according to a new survey by WTW. The survey, which polled nearly 500 employers, found while their employees expect clear goals and priorities, regular feedback, fair ratings and strong ties to rewards, […]
In its 2025 budget, the federal government announced several initiatives to incentivize institutional investors to back domestic infrastructure and business ventures. The budget proposed $1 billion on a cash basis over three years, starting in 2026-27, for the Business Development Bank of Canada to launch a venture and growth capital catalyst initiative, a fund-of-funds that […]
Mercer is acquiring Montreal-based human resources consulting firm Hexarem. Founded in 2013, Hexarem serves a diverse range of public and private sector clients across Canada, providing comprehensive, analysis-intensive compensation advice, including total compensation benchmarking and pay programs, according to a press release. Read: Employment Hero acquiring Humi Through the acquisition, Hexarem’s clients will gain access […]