I’m sitting down to write this on the hottest day so far in 2023. Environment Canada has issued a multi-day heat warning in my region — today, it’s 31 degrees Celsius but feels closer to 40, the humidity is 70 per cent, pressure is 101.3 kilopascal and the UV index is seven. This is the […]
In 2022, Xero sent out a global survey to all of its employees asking them to rank the most important components of its total rewards program, from time off to flexible working policies, salaries to employee benefits. The software company’s Canadian employees ranked health benefits as one of the most important aspects of total rewards. […]
Though still a fairly new concept, pet benefits are becoming a more common consideration when employers are expanding their offerings and looking to stand out. In August 2022, Talk Shop Media introduced a ‘pawrental’ leave policy, which allows employees to take time off around the adoption of a new pet to focus on ownership duties, […]
There’s never a drought of challenges for employers and 2023 is proving no different. Today, they’re facing inflation, labour shortages, competition for hiring, high turnover and employee burnout, to name just a few. That’s why it’s no surprise the ball is firmly in employees’ courts. Alongside the interminable rise in the cost of living and […]
The majority (83 per cent) of global employers say they have an employee well-being strategy, up significantly from 55 per cent in 2020, according to a new survey by Aon. The survey, which polled human resources and benefits leaders from more than 1,100 employers across 46 countries, found nearly two-thirds (63 per cent) of respondents […]
The majority (80 per cent) of Canadian employers say they enhanced their total rewards programs in 2022 to better attract and retain employees, up from 63 per cent in 2020 and 2021, according to a new survey by Arthur J. Gallagher & Co. The survey, which polled more than 450 employers, found 44 per cent […]
More than two-thirds (68 per cent) of U.S. employers say they’re increasing salaries and enhancing employee benefits in 2023 amid a tough labour market, according to a new survey by the International Foundation of Employee Benefit Plans. It found employers are planning to increase wages by an average of 3.9 per cent next year, while […]
The TD Bank Group’s innovative and engaging benefits communication strategy led to its win in the Benefits plan communications category at the 2022 Workplace Benefits Awards on Oct. 18. “It’s humbling and overwhelming to win this award,” says Darryl Burton, associate vice-president of Canadian and international benefits and well-being at TD. “When we’re trying to plan communications […]
U.S. employers saw a 41 per cent spike in voluntary employee departures in 2022, according to a new survey by Aon. The survey, which polled 2,000 employers in the U.S., found nearly a quarter (22 per cent) of employees left their jobs last year, 17 per cent of which were voluntary departures. In 2020, a […]
More than half of Canadian employers have considered adjusting employee rewards and benefits (57 per cent) and salary/wages (55 per cent) to contend with rising inflation and an ongoing labour shortage, according to a survey by Ento Canada. The survey, which polled more than 400 human resources leaders, found four in 10 (42 per cent) employers […]