An article on the federal government’s spring economic update, including the creation of Canada’s first sovereign wealth fund, was the most-read article on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Canada launching first sovereign wealth fund for large infrastructure projects, making […]
PepsiCo Canada may be known for quenching thirst and satisfying snack cravings, but the organization’s leadership recently identified another kind of demand: clearer, more personalized financial guidance for employees. The organization already had a comprehensive suite of financial benefits, including savings programs and educational resources, and employees were using them. “We already had strong engagement […]
As millennials become a dominant demographic in Canadian workplaces, employers are rethinking how they communicate their savings plans. Indeed, that shift is reshaping how EllisDon approaches communications and engagement with its savings program, says Marie-Lynn Bromilow, the construction services company’s vice-president of total rewards, noting millennials make up a significant portion of its plan membership. […]
In an increasingly automated world, the adoption of artificial intelligence adoption is rapidly reshaping the types and number of roles that organizations seek. AI is becoming more embedded in business operations, and companies are rethinking how work is structured, how talent is identified and how emerging capabilities are recognized and rewarded. These changes are transforming […]
Indigenous women in Canada continue to face structural barriers to workplace retirement plans and benefits programs, driven by employment instability, eligibility rules and traditional benefits design that often don’t reflect Indigenous realities, according to leaders at Aboriginal Community Career Employment Services. National labour data highlights the disparity. A Statistics Canada report found the employment rate […]
Vancouver City Savings Credit Union is supporting diverse talent through an initiative that reduces systemic barriers in hiring and advancement and strengthens pathways into leadership for Indigenous, Black and equity-deserving employees. “Vancity created an initiative to address a critical business need: ensuring our talent pool reflects the diversity of the communities and members we serve,” […]
Communication is critical to show employees the true value of total rewards beyond pay, according to Aastha Juneja, head of compensation and benefits at Corus Entertainment, speaking during a panel discussion at Benefits Canada’s 2025 Future of Work Summit. “We often think of ourselves as a number in the stream of people, but communication is […]
The world of work is shifting at an unprecedented pace. Advancements in technology, evolving regulatory requirements, and rising employee expectations are transforming the way organizations design and deliver total rewards. At the same time, total rewards teams are expected to navigate these increasing complexities with fewer resources and tighter budgets. The challenge ahead will be […]
As cost-of-living pressures continue to shape employee expectations, holiday gift-giving in the workplace is becoming less about tradition and more about equity, flexibility and psychological safety. For employers, the challenge is balancing recognition with restraint at a time when discretionary spending feels heavier for many employees. At IKEA Canada, that balance starts with consistency and […]
The organization’s total rewards manager talks family-building benefits, supporting younger workers’ well-being and the joys of online chess. Q: What new programs or initiatives are you looking to implement? A: In alignment with our commitment to diversity, equity and inclusion, we’re expanding our family-building and support programs to better meet the evolving needs of our […]