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 […]
While just a quarter (24 per cent) of Canadian small- and medium-sized employers say they’ve seen an increase in employee absences due to mental-health issues over the last 12 months, eight in 10 (80 per cent) say they aren’t confident that employees would disclose mental-health issues, according to a new survey by Peninsula Canada. The […]
Canadian people managers who have left or are planning to leave their role say factors such as lack of fulfilment or advancement (49 per cent), inadequate compensation (41 per cent) and mental-health issues (31 per cent) influenced their decision, according to a new survey by the Harris Poll on behalf of Express Services Inc. The […]
It’s no secret that the cost of living has jumped significantly in Canada over the last five years. Between the price of groceries, mortgages/rents and everything else, life isn’t as affordable as in previous years and, with a new/returning U.S. president threatening tariffs on Canadian imports, costs don’t look like they’ll be dropping anytime soon. […]
Employment Hero, an Australia-based human resources and employee benefits consultant, is acquiring Toronto-based HR consultant Humi. The acquisition, valued at more than $100 million, is a strategic partnership in which Humi will continue to serve the needs of Canadian small- and medium-sized employers through Employment Hero’s operating system, according to a press release. Read: Hub […]
After a two-year consultation period, the Canadian Association of Pension Supervisory Authorities released its 2024 guideline for capital accumulation plans in September. With a focus on improving plan governance and member outcomes, the 2024 guideline significantly increases compliance responsibilities for CAP sponsors. Updated regulatory guidelines are rarely shorter than their predecessors and the 2024 CAP […]
During a panel discussion at Benefits Canada’s 2024 Mental Health Summit in June, three plan sponsors discussed whether the size of an employer impacts its ability to support workers’ mental health. Telus Communications Inc., which has roughly 30,000 employees, has developed a mental-health strategy that recognizes the whole employee based on five wellness dimensions — […]
An article on the federal government’s national pharmacare bill receiving approval in the House of Commons was the most-read story on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. Pharmacare bill passes in House of Commons, heads to Senate 2. 32% of Canadian SMEs facing […]
Nearly a third (32 per cent) of Canadian small- and medium-sized employers are currently facing challenges in attracting employees, according to a new survey by ADP Canada. The survey, which polled more than 750 Canadian business decision-makers and employees from SMEs, found, among those that reported difficulty attracting and retaining talent, 69 per cent said […]
An article on the value that deferred profit-sharing plans can offer to small- and medium-sized employers was the most-read article on Benefits Canada.com this week. Here are the top five human resources, benefits, pensions and investment stories of the past week: 1. Sounding Board: How DPSPs can support SMEs’ retirement, talent management goals 2. CPPIB wants to […]