In 2019, employers are increasingly making diversity and inclusion initiatives and education assistance for employees part of their total rewards offerings, according to new research by WorldatWork. Its annual inventory of total rewards programs and practices, which surveyed more than 700 U.S. employers, found the percentage of organizations offering employees some form of education assistance — through scholarship, student […]
The federal government has released draft legislative proposals to implement changes to the employee stock option tax regime announced in its 2019 budget. As promised in the budget, the proposals will impose an annual cap of $200,000 on employee stock options eligible for the stock option deduction under the Income Tax Act. They also confirm that […]
The federal government’s 2019 budget proposed changes that could affect the viability and attractiveness of stock options as a recruitment and retention tool for certain employers even as it gives these employers a tax break for shares issued pursuant to these options. On the one hand, the budget proposed imposing an annual cap of $200,000 […]
Quebec’s financial market regulator is reviewing Bombardier Inc.’s executive compensation plan, calling on the plane-and-train maker to suspend all related trades just hours after Quebec’s premier expressed lukewarm hopes about the future of the beleaguered company’s commercial aerospace operations. The Autorité des marchés financiers announced Thursday afternoon it is looking into how Bombardier implemented its […]
Amazon made a big splash this week with its $15 an hour minimum wage announcement, but lost in the fine print: Existing warehouse workers will no longer receive stock in the company or collect bonuses. The online giant says next month it will end bonuses, which paid workers extra based on their attendance and warehouse […]
More than 80 per cent of eligible Siemens Canada employees are now shareholders in the company. The global industrial manufacturing firm recently distributed a total of 400 million euros from a profit-sharing pool to employees in 102 countries. In total, about 300,000 of the company’s 377,000 staff worldwide now hold Siemens’ shares. Read: How Canadian Tire connects retirement […]