retention – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 26 Apr 2024 20:02:31 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Employers can improve benefits communication, highlight mental-health support for ‘Blue Monday’ https://www.benefitscanada.com/benefits/health-wellness/employers-can-improve-benefits-communication-highlight-mental-health-support-for-blue-monday/ Mon, 15 Jan 2024 14:00:06 +0000 https://www.benefitscanada.com/?p=150312 Employers can use the time surrounding ‘Blue Monday’ to ensure they’re communicating properly with employees and highlighting mental-health supports, says Gianna Ricciardi, vice-president and practice leader at Vita Assure Inc. Blue Monday — typically the third Monday in January — is considered to be the saddest day of the year because the combination of dreary weather […]

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Labour shortages, employee retention among SMEs’ top business concerns for 2024: survey https://www.benefitscanada.com/news/bencan/labour-shortages-employee-retention-among-smes-top-business-concerns-for-2024-survey/ Thu, 11 Jan 2024 14:00:03 +0000 https://www.benefitscanada.com/?p=150189 More than two-fifths of small- and medium-sized employers say labour shortages (46 per cent) and employee retention (42 per cent) are among their top business concerns for 2024, according to a new survey by Peninsula Employment Services Ltd. The survey, which polled 79,000 SMEs across Australia, Canada, Ireland, New Zealand and the U.K., found more […]

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Willful expanding bereavement leave to provide employees with additional support, flexibility https://www.benefitscanada.com/benefits/absence-management/willful-expanding-bereavement-leave-to-provide-employees-with-additional-support-flexibility/ Fri, 05 Jan 2024 14:00:12 +0000 https://www.benefitscanada.com/?p=149728 Canadian online estate planning company Willful is expanding its bereavement policy to provide more employee support and flexibility. Employees are allowed up to 15 consecutive business days of paid leave to mourn a family member, 10 days for a close friend and three days for a pet. Through the nature of their work, Willful’s employees are very familiar […]

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U.S. workers who understand benefits plan say they’re happier, have greater stability: survey https://www.benefitscanada.com/benefits/health-benefits/u-s-workers-who-understand-benefits-plan-say-theyre-happier-have-greater-stability-survey/ Wed, 13 Sep 2023 13:00:58 +0000 https://www.benefitscanada.com/?p=143332 The majority of U.S. workers who say they understand their workplace benefits plan are happier (76 per cent) and have a greater sense of overall stability at work (82 per cent) than those who don’t understand their benefits (47 per cent and 52 per cent, respectively), according to a new survey by MetLife Inc. The […]

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Report finds fewer employees going above and beyond in their jobs https://www.benefitscanada.com/news/bencan/report-finds-fewer-employees-going-above-and-beyond-in-their-job/ Fri, 18 Aug 2023 19:00:26 +0000 https://www.benefitscanada.com/?p=142394 Two-thirds (66 per cent) of employees worldwide say they’re motivated to go above and beyond in their job, down from 69 per cent in 2020, according to a new report by Qualtrics. The report analyzed responses from employee engagement surveys conducted by nearly 900 employers worldwide. It found German employees reported the largest drop in […]

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U.S. workplace disability insurance premiums reach $1.7BN in Q1 2023: report https://www.benefitscanada.com/benefits/health-benefits/u-s-workplace-disability-insurance-premiums-reach-1-7bn-in-q1-2023-report/ Mon, 10 Jul 2023 19:00:44 +0000 https://www.benefitscanada.com/?p=140863 Total U.S. sales of workplace disability insurance premiums reached $1.7 billion in the first quarter of 2023 — a year-over-year increase of five per cent — driven by a 17 per cent increase in short-term disability insurance sales, according to a new report by LIMRA. It also found sales of long-term disability insurance premiums were down five […]

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70% of global employers seeing ROI on employee well-being programs: survey https://www.benefitscanada.com/benefits/health-wellness/70-of-global-employers-seeing-roi-on-employee-well-being-strategies-survey/ Mon, 12 Jun 2023 19:00:20 +0000 https://www.benefitscanada.com/?p=139698 More than two-thirds (70 per cent) of global employers say they’re seeing a return on investment from their employee well-being programs, up significantly from 23 per cent in 2018, according to a new survey by research firm YouGov on behalf of Virgin Group Ltd. The survey, which polled more than 600 employers, found two-thirds said […]

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Younger workers experiencing difficulties cultivating soft skills amid rise in remote working: expert https://www.benefitscanada.com/news/bencan/younger-workers-experiencing-difficulties-cultivating-soft-skills-amid-rise-in-remote-working-expert/ Thu, 08 Jun 2023 13:00:33 +0000 https://www.benefitscanada.com/?p=139191 Although there are many benefits to remote working arrangements, such as a reduced commute and improved work-life balance, younger employees who work remotely aren’t practising their soft skills and a lack of social interaction may negatively impact their professional lives in the long run, says Janet Candido, founder and principal of human resources consultancy Candido […]

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38% of U.S. workers cite benefits as No. 1 reason they stay with employer: survey https://www.benefitscanada.com/benefits/health-wellness/38-of-u-s-workers-cite-benefits-as-no-1-reason-they-stay-with-employer-survey/ Thu, 08 Jun 2023 13:00:24 +0000 https://www.benefitscanada.com/?p=139534 More than a third (38 per cent) of U.S. employees say benefits are the No. 1 reason they’ve stayed with their current employer, followed by pay (35 per cent) and job security (24 per cent), according to a new survey by Grant Thornton International. The survey, which polled more than 5,000 full-time employees, also found three-quarters (74 […]

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Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-37/ Fri, 02 Jun 2023 13:00:09 +0000 https://www.benefitscanada.com/?p=139264 An article on Amazon Canada’s ‘Dogs at Work’ program was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Amazon expanding ‘Dogs at Work’ program to Canada, easing employees’ return to workplace 2. Survey finds 39% of women considering quitting job due to stress, burnout 3. 76% […]

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