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PepsiCo Canada is baking flexibility into its retirement savings benefits to support employees’ financial security amid the rising cost of living. To help employees reach their retirement savings goal, the food and beverage company is matching employees’ bonuses up to 3.5 per cent, with the employer contribution automatically directed into their defined contribution pension plan. […]

The RBC’s senior director of North American benefits and global well-being discusses building flexibility into the modern benefits plan, harnessing AI capabilities in the banking world and finding wellness in the great outdoors. Q: What top challenges do you face in your role? A: Employees are looking for meaningful support in both their professional and […]

While there’s multiple opportunities for the use of artificial intelligence in the employee benefits space — including making the claims process more efficient and personalizing the plan member experience — one of the biggest advantages of the technology is the ability to streamline administrative tasks, allowing employees to focus on more value-added work in addition […]

U.S. generation Z employees are more likely to expect a tailored, year-round benefits experience than other employees, according to a new survey by MetLife Inc. The survey, which polled more than 2,800 employers and more than 5,000 employees, found nearly two-thirds (63 per cent) of gen-Zers said they wish their employer offered more personalized benefits […]

  • By: Staff
  • January 26, 2024 January 25, 2024
  • 09:00

As technology advances and plan members’ needs become more diverse, the relationship between benefits plan sponsors and providers is adapting to fit these changes. Sarah Beech, chief executive officer of benefits and consulting at Arthur J. Gallagher & Co., believes the trend of employees wanting more from their employers is the starting point for this […]