SMEs – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 29 Apr 2024 21:34:34 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 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 […]

The post Labour shortages, employee retention among SMEs’ top business concerns for 2024: survey appeared first on Benefits Canada.com.

]]> Nearly half of U.S. SMEs offering retirement savings plans to boost attraction, retention efforts: survey https://www.benefitscanada.com/pensions/retirement/nearly-half-of-u-s-smes-offering-retirement-savings-plans-to-boost-attraction-retention-efforts-survey/ Wed, 01 Nov 2023 19:00:51 +0000 https://www.benefitscanada.com/?p=146243 While more than two-thirds (69 per cent) of U.S. small- and medium-sized employers say the main reason they offer a retirement savings plan is to help employees save for the future, nearly half say they do so to help retain (47 per cent) and attract (40 per cent) top talent, according to a new survey by Capital […]

The post Nearly half of U.S. SMEs offering retirement savings plans to boost attraction, retention efforts: survey appeared first on Benefits Canada.com.

]]> California workers will get five sick days under new law https://www.benefitscanada.com/benefits/absence-management/california-workers-will-get-five-sick-days-under-new-law/ Wed, 11 Oct 2023 19:00:44 +0000 https://www.benefitscanada.com/?p=145111 Workers in California will soon receive a minimum of five days of paid sick leave annually, instead of three. The new law, which takes effect in January, also increases the amount of sick leave workers can carry over into the following year. In a press statement, Governor Gavin Newsom said the law demonstrates that prioritizing the health […]

The post California workers will get five sick days under new law appeared first on Benefits Canada.com.

]]> 80% of SME workers consider benefits before accepting new role: survey https://www.benefitscanada.com/benefits/health-benefits/80-of-sme-workers-consider-benefits-before-accepting-new-role-survey/ Thu, 05 Oct 2023 13:00:03 +0000 https://www.benefitscanada.com/?p=144808 The majority (80 per cent) of Canadian employees say they consider a small- and medium-sized employer’s health benefits before accepting a new role and 73 per cent of SME workers with a benefits plan say they’d stay with their current employer even if they were offered more money elsewhere, according to a new survey by Blue Cross […]

The post 80% of SME workers consider benefits before accepting new role: survey appeared first on Benefits Canada.com.

]]> 70% of U.S. SMEs standardizing parental leave for all employees: survey https://www.benefitscanada.com/benefits/absence-management/70-of-u-s-smes-standardizing-parental-leave-for-all-employees-survey/ Thu, 21 Sep 2023 13:00:12 +0000 https://www.benefitscanada.com/?p=143777 More than two-thirds (70 per cent) of U.S. small- and medium-sized employers that offer parental leave are providing the same leave option to all employees, according to a new survey by Hub International Ltd. The survey, which polled more than 500 employers, found 26 per cent provide paid parental leave, up from 23 per cent […]

The post 70% of U.S. SMEs standardizing parental leave for all employees: survey appeared first on Benefits Canada.com.

]]> How employers are using data to integrate DEI into their benefits plans https://www.benefitscanada.com/archives_/benefits-canada-archive/how-employers-are-using-data-to-integrate-dei-into-their-benefits-plans/ Fri, 23 Jun 2023 12:57:15 +0000 https://www.benefitscanada.com/?p=139923 Like other large employers, Ontario Power Generation Inc. has a diverse workforce that embodies the broader Canadian population across multiple demographics. The Crown corporation uses a variety of methods and measurements for gathering diversity, equity and inclusion data, including engagement surveys and focus groups to establish mental-health indicators by analyzing benefits usage, says Tanya Hickey, […]

The post How employers are using data to integrate DEI into their benefits plans appeared first on Benefits Canada.com.

]]> More U.S. employers offering fertility benefits, but care still out of reach for many workers https://www.benefitscanada.com/benefits/health-benefits/more-u-s-employers-offering-fertility-benefits-but-care-still-out-of-reach-for-many-workers/ Wed, 17 May 2023 19:00:11 +0000 https://www.benefitscanada.com/?p=138420 Jessica Tincopa may leave the photography business she spent 14 years building for one reason — to find coverage for fertility treatment. After six miscarriages, Tincopa and her husband started saving for in vitro fertilization, which can cost more than US$20,000. But the coronavirus pandemic wiped out their savings and they can’t find coverage for IVF in their state’s health insurance marketplace. So the California couple is saving again and […]

The post More U.S. employers offering fertility benefits, but care still out of reach for many workers appeared first on Benefits Canada.com.

]]> Just 34% of U.S. SMEs offering retirement benefits: survey https://www.benefitscanada.com/pensions/retirement/just-34-of-u-s-smes-offering-retirement-benefits-survey/ Wed, 17 May 2023 13:00:26 +0000 https://www.benefitscanada.com/?p=138219 Just a third (34 per cent) of U.S. small- and medium-sized employers say they offer retirement benefits, according to a new survey by Fidelity Investments. The survey, which polled more than 500 SMEs, found that, among respondents that don’t offer a retirement plan, half (48 per cent) said they can’t afford to, while a fifth […]

The post Just 34% of U.S. SMEs offering retirement benefits: survey appeared first on Benefits Canada.com.

]]> U.S. SMEs say remote, hybrid work impeding employee development: survey https://www.benefitscanada.com/news/bencan/u-s-smes-say-remote-hybrid-work-impeding-employee-development-survey/ Thu, 09 Feb 2023 14:00:02 +0000 https://www.benefitscanada.com/?p=133646 More than two-thirds (69 per cent) of small- and medium-sized employers in the U.S. that offer hybrid (74 per cent) or fully remote working (54 per cent) say these arrangements have impeded employee training and development, according to a new survey by the Harris Poll on behalf of consultancy RSM International. The survey, which polled […]

The post U.S. SMEs say remote, hybrid work impeding employee development: survey appeared first on Benefits Canada.com.

]]> Survey finds sales of U.S. supplemental health insurance products increasing https://www.benefitscanada.com/benefits/health-benefits/survey-finds-sales-of-u-s-supplemental-health-insurance-products-increasing/ Tue, 17 Jan 2023 14:00:16 +0000 https://www.benefitscanada.com/?p=132608 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 […]

The post Survey finds sales of U.S. supplemental health insurance products increasing appeared first on Benefits Canada.com.

]]>