total rewards – Benefits Canada.com

Employers can support different generations with flexibility, empathetic leadership: expert

Sadie Janes — Wed, 27 Mar 2024 13:00:04 +0000

Employers can support a multigenerational workforce by understanding each generations’ needs and offering flexibility and empathetic leadership, says Darryl Wright, a partner at Ernst & Young Canada. An October 2023 survey by EY found a quarter of Canadian employees were likely to quit their job in the next 12 months, with generation Z and millennials […]

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36% of employers changing initial 2024 salary budgets: survey

bwolfe — Wed, 07 Feb 2024 20:00:34 +0000

Among the 36 per cent of Canadian employers that say they’ve made changes to their initial 2024 salary budgets, more than half (56 per cent) decreased their budget, according to a new survey by Normandin Beaudry. The survey, which polled more than 400 employers, found the average Canadian salary increase budget for 2024 remained steady […]

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Q&A with Metrolinx’s Lisa Ritchie

Jennifer Paterson — Fri, 15 Dec 2023 13:54:00 +0000

The organization’s vice-president of talent acquisition and total rewards discusses promoting careers to equity-deserving communities, a new menopause policy and the stability of joining a defined benefit pension plan. Q: What top challenges do you face in your role? A: One of the organization’s commitments to creating an equitable, diverse and inclusive culture is to […]

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How Ontario pay transparency legislation will impact employers

Sadie Janes — Mon, 04 Dec 2023 14:00:06 +0000

As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says Darcy Clark, a principal at Normandin Beaudry. “They could do just enough to meet the legislative requirements or . . . full disclosure where everybody knows everything. There’s also a […]

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Normandin Beaudry partnering with MBWL International to expand cross-border reach

bwolfe — Fri, 27 Oct 2023 19:00:44 +0000

Normandin Beaudry is partnering with MBWL International, a joint venture between U.K.-based Barnett Waddingham, U.S.-based Milliman Inc. and Germany-based Lurse. This new partnership will enable Normandin Beaudry to extend its total rewards consulting services to Canadian companies with cross-border requirements, according to a press release, which noted the consultancy will join as an equal partner. […]

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Survey finds majority of employers say attraction, retention increasingly impacting total rewards decisions

bwolfe — Thu, 05 Oct 2023 13:00:39 +0000

Amid a challenging labour market, Canadian employers say attraction (64 per cent) and retention (57 per cent) are the top challenges impacting total rewards decisions, according to a new survey by Arthur J. Gallagher & Co. The survey, which polled more than 500 employers, found just a third (29 per cent) were concerned about benefits […]

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Canadian employers projecting smaller compensation increases in 2024: survey

bwolfe — Wed, 27 Sep 2023 19:00:11 +0000

Canadian employers are projecting, on average, 3.3 per cent for merit increase budgets and 3.7 per cent for total increase budgets in 2024, compared to 3.6 per cent and 4.1 per cent, respectively, in 2023, according to a new survey by Mercer Canada. “In the face of economic uncertainty and reduced labour market pressure, employer […]

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Q&A with BDO Canada’s Brooke Schwarz

lbailey — Fri, 15 Sep 2023 12:52:47 +0000

The organization’s manager of national total rewards discusses incorporating ESG into the DEI space, its experience reimbursement program and spending time around B.C.’s lakes and mountains Q: What new programs or initiatives are you looking to implement? A: Since the actions of organizations are deeply intertwined with environmental, social and governance issues, excelling in these […]

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IKEA Canada offering emergency grants, discounts to help workers combat inflation

Sadie Janes — Wed, 16 Aug 2023 13:00:40 +0000

IKEA Canada is supporting employees amid the rising cost of living by offering emergency relief grants through its Ingka Social Fund and extra discounts on select products. “The establishment of the global social fund was triggered by the energy crisis and inflationary pressures that many are experiencing in markets around the world,” says Natasha Bagley, […]

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