A rebound in public equities markets in the second quarter of 2025 has positively impacted retirement outcomes for capital accumulation plan members, according to a new report by Eckler Ltd. The consultancy’s latest CAP income tracker found a typical male member retiring at the end of June 2025 achieved a gross income replacement ratio of 65.9 per […]
After five years of working long nights as a truck driver, Julius Mosley wanted a change. He found driving unfulfilling, and his teenage son needed him to spend more time at home. He took a job as a customer service representative at a telecommunications company near his home. The employee benefits included being able to […]
The majority (92 per cent) of U.S. employers offer some sort of educational benefit, with the most common being tuition assistance/repayment programs, according to a new survey by the International Foundation of Employee Benefit Plans. When the IFEBP last conducted this survey in 2019, only four per cent of employers said they offered a student […]
The hospitality company’s pension and benefits manager discusses gen Z in the workforce, student debt repayment programs and family vacations. Q: What new programs or initiatives are you looking to implement? A: We’re considering providing more flexibility and inclusive benefits in our health coverage, family support program and paid leave plans to better meet the […]
Brianne Collins, age 29, has worked as a senior copywriter at a large Toronto-based advertising agency for just over a year. Collins’ agency supports employee financial wellness in several ways, including a group registered retirement savings plan, financial advice and Financial Literacy Month webinars with sessions covering various financial topics. “In busy day-to-day work, it’s […]
The next generation of U.S. workers say health benefits (72 per cent), paid time off (63 per cent) and flexible schedules (61 per cent) are the most valuable forms of compensation that an employer can offer, according to a new survey by the National Society of High School Scholars. The survey, which polled more than […]
Nearly two-thirds (64 per cent) of Americans say they wish they’d started saving for retirement when they were younger than age 25, according to a new survey by Voya Financial Inc. The survey, which polled more than 1,000 Americans adults, found more than half said they started saving for retirement when they were between ages 18 […]
A story on how private payers are implementing preferred pharmacy networks to reduce benefits plan costs 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. More private payers seeking to reduce costs turning to preferred pharmacy networks: expert 2. Chipotle expanding […]
The vast majority (89 per cent) of U.S. employees say they’d be more likely to continue working for an employer that offered a retirement plan, according to a new survey by Vestwell Holdings Inc. The survey, which polled more than 1,200 workers, found a similar percentage (89 per cent) expressed some level of interest in […]
With more than 40,000 employees across the country, Amazon Canada is a microcosm of the wider national workforce. Comprising five generations, the online retailer’s workers represent a wide spectrum of savings goals and related challenges. And to support these goals, it has developed a diverse array of options to meet staff at every stage of […]