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Sales of U.S. workplace supplemental health insurance products totalled US$2.1 billion in the first nine months of 2022, rising 11 per cent year over year, according to a new survey by LIMRA. It also found workplace supplemental health insurers reported a combined total of $453 million in the third quarter of 2022, three per cent […]

  • By: Staff
  • January 17, 2023 January 16, 2023
  • 09:00

More than two-thirds (67 per cent) of U.S. employees say concerns about a recession are impacting their mental health, according to a new survey by Principal Financial Group. The survey, which polled 500 employers and 200 employees, found this percentage increased among millennials (79 per cent) and generation Z (76 per cent). Nearly three-quarters of […]

  • By: Staff
  • December 12, 2022 December 9, 2022
  • 09:00
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An article on Thomson Reuters’ new vacation policy was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Thomson Reuters supporting employee well-being with new vacation policy 2. Expert panel: What does it mean for pension plan members to live separate and apart? 3. 42% of Canadian […]

  • By: Staff
  • December 9, 2022 December 8, 2022
  • 09:00
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The vast majority (87 per cent) of small- and medium-sized employers agreed employee mental health is very important to the success of their business, according to a new survey by the Business Development Bank of Canada. The survey, which polled 750 owners of SMEs, found nearly three-quarters (72 per cent) currently place a high priority on […]

  • By: Staff
  • December 2, 2022 December 2, 2022
  • 15:00
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An article on the lack of benefits provided by small- and medium-sized employers in Eastern Canada was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. 80% of SMEs in Eastern Canada don’t provide employee benefits: survey 2. Bank of England intervened in bond market to […]

  • By: Staff
  • October 14, 2022 October 13, 2022
  • 09:00
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Eight in 10 (80 per cent) small- and medium-sized employers in Eastern Canada say they don’t provide employee benefits, according to a new survey for Medavie Blue Cross by Abacus Data. The survey, which polled SMEs and SME workers in Ontario, Quebec and Atlantic Canada, found a third (35 per cent) of SMEs that don’t […]

  • By: Staff
  • October 11, 2022 October 7, 2022
  • 09:00

While nearly three-quarters (74 per cent) of small- and medium-sized employers say cost is the biggest hurdle to offering employee benefits, a majority of SME workers say low-cost benefits or perks are most important, according to a new survey by software company PeopleKeep. It found 93 per cent of respondents said paid time off is […]

  • By: Staff
  • August 17, 2022 August 17, 2022
  • 15:00

More than two-thirds (70 per cent) of large U.S. employers are planning to beef up their benefits plans in 2023 to enhance their attraction and retention efforts, according to a new survey by Mercer. The survey, which polled more than 700 employers, found a third (32 per cent) of large employers already offer inclusive family-building […]

  • By: Staff
  • July 12, 2022 July 11, 2022
  • 09:00

An article on the potential future of pension plans in the private sector was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Expert panel: Are private sector employers heading toward a pension renaissance? 2. A third of Canadian employees retiring sooner than planned: survey 3. Mental-health […]

  • By: Staff
  • May 13, 2022 May 13, 2022
  • 09:00

Pension coverage in the public sector is high, with the vast majority of public sector employees covered by a defined benefit pension plan. However, the story is very different in the private sector as pension coverage is much lower and is trending downwards. Only 22 per cent of private sector employees participated in a registered […]