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 […]
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 […]
As new pay transparency legislation comes into effect in British Columbia and Ontario, it’s important for small- and medium-sized employers to ensure they’re complying with provincial, territorial and federal regulations, says Mohamed Basma, general manager for small business services at ADP Canada. “This is pressing now more than ever as remote work is so much […]
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? […]
Nearly 70 per cent of Canadian employers expect economic factors will have a moderate to significant impact on their compensation decisions in 2026, according to Mercer’s latest compensation planning survey. The survey, which polled more than 500 Canadian companies in July, found employers are focusing on salary benchmarking (63 per cent) and communications of total […]
U.S. employers are increasingly embracing pay transparency, even as regulatory complexities introduced by the federal government present new challenges, according to a new survey by WTW. The survey, which polled nearly 400 employers, found 82 per cent said they’re either communicating, planning or considering communicating individual pay ranges with employees and 79 per cent are […]
While legal requirements around pay transparency vary across different jurisdictions, employers that offer context around pay decisions can build trust with employees by providing clearer visibility into compensation expectations and signalling a commitment to fairness, says Kelly Voss, head of rewards and career for North America at Aon. “Those that embrace transparency as part of […]
Following its win in the Future of Work Strategy category at the 2024 Workplace Benefits Awards, TMX Group Ltd. is advancing its hybrid-first approach with a continued focus on flexibility, inclusion and employee well-being. The organization was recognized for its data-driven approach, shaped by a year-long pilot that analyzed employee feedback, turnover, performance metrics and […]
While pay transparency requirements differ across Canada, there are several best practices for employers to ensure equity in the workplace, says Caitlin Hurren, legal counsel at ADP Canada. Provincial pay transparency legislation is gradually being enacted across the country. On Jan. 1, 2026, Ontario-based employers will be required to include total compensation — including base […]
In light of upcoming changes to Ontario’s employment leave policies, as well as new requirements for job postings, it’s important for employers to review and update their workplace policies to ensure they’re in line with current legislation, says Larysa Workewych, a senior associate at Dentons Canada LLP. As of June 19, an employee with at […]