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As inflation hits a record high in Canada, employers are helping workers weather the storm through various benefits and compensation offerings, according to several experts. In October, the Canadian inflation rate increased year over year by a record 4.7 per cent, the largest increase since February 2003, according to Statistics Canada. The Bank of Canada […]

Canadians reported slightly higher levels of financial well-being in the summer of 2021, with many focusing on saving for retirement, according to a new survey by LifeWorks Inc. The survey, conducted among 3,000 respondents, found a financial well-being index score of negative 1.6 compared to the pre-coronavirus pandemic benchmark, up slightly from negative 2.8 in […]

  • By: Staff
  • October 5, 2021 October 5, 2021
  • 09:00
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Canadian employers are using bonuses to attract and retain employees in a difficult labour market, according to a new survey by Mercer. Half (50 per cent) of respondents said they’re providing sign-on bonuses for select new non-executive hires. And while 55 per cent aren’t offering retention bonuses, 35 per cent said they’re being provided for […]

  • By: Staff
  • September 29, 2021 September 29, 2021
  • 15:00
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The union representing employees at the Globe and Mail has ratified a new three-year contract that will provide a $1,500 mental-health benefit. Howard Law, director for the media sector at Unifor, says the mental-health benefit was increased from $850 and won’t be subject to the overall paramedical cap of $1,500. Read: Reliance Home Comfort, Unifor […]

  • By: Staff
  • September 21, 2021 September 20, 2021
  • 15:00
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Amazon.com Inc. is expanding its education benefits to cover college tuition expenses for frontline workers in the U.S. The benefit is available to U.S. employees after three months with the company, according to a press release, which noted the program also assists employees obtaining high school diplomas as well as certificates for general education development […]

New collective agreements for two separate groups of employees include improvements to health benefits and work-life balance. The negotiations between Federated Co-operatives Ltd. and Unifor, which have been bargaining since the last collective agreement expired on Aug. 31, 2020, include improvements to benefits, increased scheduling flexibility and a one per cent wage increase in each […]

  • By: Staff
  • July 28, 2021 July 28, 2021
  • 09:00
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Starbucks Corp. is offering all of its Canadian retail employees three temporary paid sick days from April 19 to Sept. 25. The move comes after Ontario announced a similar three-day sick leave policy that would reimburse employers up to $200 a day for what they pay out. Read: Ontario giving employees three paid sick days, […]

Latest GM Canada, Unifor deal includes DB pension changes, benefits enhancements

The union representing General Motors of Canada Co. employees in Ontario has ratified a new agreement for workers at a plant in Ingersoll that removes changes to a legacy defined benefit plan as part of ongoing pension discussions. The deal, based on the recent three-year agreement with GM for workers in Oshawa, St. Catharines and Woodstock, […]

GM Canada, Unifor agreement covers DB pension changes

The union representing General Motors of Canada Co. employees in Ontario have ratified a new three-year collective agreement that removes changes to a legacy defined benefit plan as part of ongoing pension discussions. The deal restores the legacy DB plan by removing a member contribution requirement and a 30-year cap on credited service introduced in […]

Some large retailers maintaining pay, benefits for store staff amid temporary closures

While many retailers are maintaining pay and benefits for their store-based staff amid temporary closures caused by the coronavirus crisis, what about employees who are still coming into work and serving the public? Loblaw Companies Ltd. is stepping up. Following discussions with the United Food and Commercial Workers union, it’s adding $2 to the hourly […]

  • By: Staff
  • March 23, 2020 October 14, 2021
  • 09:00