salary – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 06 May 2024 13:38:11 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 U.S. employees say paid commutes, salary increase would encourage return to workplace: survey https://www.benefitscanada.com/news/bencan/u-s-employees-say-paid-commutes-salary-increase-would-encourage-return-to-workplace-survey/ Fri, 12 Apr 2024 19:00:05 +0000 https://www.benefitscanada.com/?p=154245 The majority (83 per cent) of U.S. employees in a remote working arrangement say they’d be encouraged to return to the office if their commute was paid by their employer, according to a new survey by software company Ringover. The survey, which polled more than 1,000 workers, found a majority of employees would also willingly […]

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]]> 93% of employees believe well-being is equally important to salary: survey https://www.benefitscanada.com/benefits/health-wellness/93-of-employees-believe-well-being-is-equally-important-to-salary-survey/ Wed, 10 Apr 2024 13:00:49 +0000 https://www.benefitscanada.com/?p=154107 The majority (93 per cent) of global employees believe well-being is equally important to salary, a significant increase of 10 per cent year over year, according to a recent survey by Gympass. The survey, which polled more than 5,100 employees, found 87 per cent said they’d consider leaving a company that doesn’t focus on employee […]

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]]> Pay transparency on the rise in Canadian job postings: report https://www.benefitscanada.com/news/bencan/pay-transparency-on-the-rise-in-canadian-job-postings-report/ Mon, 01 Apr 2024 13:00:57 +0000 https://www.benefitscanada.com/?p=153682 Nearly half (49 per cent) of Canadian job postings on Indeed.com in February 2024 featured pay information, up from 22 per cent in early 2019, according to a report by the job search website’s Hiring Lab research centre. The report, which extracted pay information from job postings published on the website, found among postings that included pay […]

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]]> Employers paying out executive bonuses can avoid criticism by embracing transparency https://www.benefitscanada.com/news/bencan/employers-paying-out-executive-bonuses-can-avoid-criticism-by-embracing-transparency/ Wed, 20 Mar 2024 13:00:08 +0000 https://www.benefitscanada.com/?p=152672 Increased sensitivity around executive bonus compensation is pushing employers to prioritize transparency and communication when explaining why bonuses were awarded. The compensation method has seen increased scrutiny after Catherine Tait, CBC/Radio-Canada’s president and chief executive officer, didn’t rule out the deployment of management bonuses right after the public broadcaster announced last December it was cutting […]

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]]> OPB working with employers to receive salary information of employees impacted by Bill 124 https://www.benefitscanada.com/pensions/defined-benefit-pensions/opb-adjusting-salary-information-of-public-sector-workers-impacted-by-bill-124/ Tue, 12 Mar 2024 19:00:27 +0000 https://www.benefitscanada.com/?p=152943 The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by the decision of Ontario’s government to repeal Bill 124. In a communication to members, the investment organization said the changes could include “additional pension contributions for any retroactive wage adjustments.” Read: Ontario […]

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]]> Should employees get paid for an extra day of work in a leap year? https://www.benefitscanada.com/news/bencan/should-employees-get-paid-for-an-extra-day-of-work-in-a-leap-year/ Fri, 01 Mar 2024 20:00:07 +0000 https://www.benefitscanada.com/?p=152620 This leap year, some financial experts say they’re seeing an unexpected trend: employees asking if they get paid for working on Feb. 29. Every four years, the calendar gains a day to sync up with the Earth’s movement around the sun. Yet inquiries about what it means for paycheques hasn’t previously been noticeable. “This is […]

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]]> 52% of workers say receiving an annual bonus makes them feel appreciated at work: survey https://www.benefitscanada.com/news/bencan/52-of-workers-say-receiving-an-annual-bonus-makes-them-feel-appreciated-at-work-survey/ Fri, 01 Mar 2024 14:00:50 +0000 https://www.benefitscanada.com/?p=152568 More than half (52 per cent) of workers say receiving an annual bonus makes them feel appreciated at work, according to a new survey by Robert Half International Inc. The human resources consultancy recently conducted a LinkedIn poll that also found employees said trust from their boss (29 per cent) and receiving verbal recognition (16 per cent) […]

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]]> Survey finds two-fifths of U.S. employees didn’t receive a raise in the last year https://www.benefitscanada.com/news/bencan/two-fifths-of-u-s-employees-didnt-receive-a-raise-in-the-last-year-survey/ Fri, 19 Jan 2024 20:00:53 +0000 https://www.benefitscanada.com/?p=150909 Two-fifths of U.S. employees say they didn’t receive a raise in the last year and those who did received raises that were 25 per cent lower than in 2022, according to a new survey by BambooHR. The survey, which polled 1,500 employees, found the average pay increase was 4.6 per cent, down from 6.2 per […]

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]]> A quarter of U.S. employers won’t or may not provide raises in 2024: survey https://www.benefitscanada.com/news/bencan/a-quarter-of-u-s-employers-wont-or-may-not-provide-raises-in-2024-survey/ Mon, 15 Jan 2024 20:00:21 +0000 https://www.benefitscanada.com/?p=150515 Three-quarters (74 per cent) of U.S. employers say they plan to give employees raises in 2024, while 18 per cent are undecided and eight per cent say they won’t offer pay increases, according to a new survey by ResumeBuilder.com. However, the survey, which polled 600 employers, found among respondents planning to give out raises, just […]

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]]> What do Ontario employers need to know ahead of new pay transparency legislation? https://www.benefitscanada.com/human-resources/hr-communication/what-do-ontario-employers-need-to-know-ahead-of-new-pay-transparency-legislation/ Fri, 12 Jan 2024 14:00:08 +0000 https://www.benefitscanada.com/?p=150100 Before new pay transparency legislation takes effect in Ontario, it’s important for employers to ensure their current compensation structure is in order, says Dominic Girard, a senior consultant in compensation at Arthur J. Gallagher and Co. If passed, the legislation would require employers to include expected salary ranges in job postings so candidates are better poised to make informed […]

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