A majority (92 per cent) of Canadian employees feel they’re at risk of experiencing burnout as the coronavirus pandemic drags on, according to a new survey by Mercer. The survey, which polled 11,000 employers and employees from 16 countries, found 59 per cent of employer respondents are concerned about high employee sickness/absence rates and remote […]
In 2021, Foresters Financial redesigned its retirement and benefits plans to be more flexible, relevant and competitive, modernizing the plans with the recognition that employees have varying financial priorities. “Overall, we have a very diverse employee base,” says Ken Adams, the financial services company’s vice-president of total rewards. “Someone who is a few years out […]
Only half (51 per cent) of U.S. employees believe the benefits and rewards they receive from their employer are distinctive from what they’d receive from another employer, according to a new survey by tax and advisory firm Grant Thornton LLP. The survey, which polled more than 5,000 full-time employees, also found 24 per cent of […]
Almost half (46 per cent) of employers say their organizations currently lack clear benefits, recognition and rewards strategies, according to a new survey by Arthur J. Gallagher & Co. The survey — which polled more than 1,300 employers globally, including almost 600 in North America and around 100 in Canada — found, while 54 per cent said they […]
As companies adapt their people strategies for return to the office or for a new remote or hybrid work arrangement, employee retention will be a key consideration in 2022. The coronavirus pandemic has created a buyer’s labour market with many people either contemplating or making a change in their employer. Employees are assessing how they […]
Hootsuite Inc.’s director of total rewards talks benefits in a remote working environment, the four pillars of wellness and recharging through physical activity. Q: What top challenges do you face in your role? A: Hootsuite is very big on diversity, equity and inclusion and we operate in multiple countries, so it’s a balance of finding […]
Purolator Inc.’s senior director of total rewards and human resources technology talks mental-health leadership, return to the workplace and the benefits of time outdoors. Q: What top challenges do you face in your role? A: We have a very large workforce with different demographics and needs, so it’s really about continuing to evaluate whether our […]
A new study is urging employers to transition from a traditional focus on employee benefits to one that covers job and work design, management, rewards practices, a commitment to psychological safety and fairness and a culture of employee listening. The Josh Bersin Co., a U.S.-based research and advisory company, examined 91 practices and programs in […]
Wages are going up in Canada, with employers projecting an average annual pay increase of 2.5 per cent for next year, according to a new survey by LifeWorks Inc. When excluding organizations that are planning salary freezes, the poll found average salaries are expected to rise 2.7 per cent in 2022. It demonstrates growing confidence […]
When the coronavirus pandemic was first declared in March 2020, teleworking was supposed to be a temporary emergency measure. But a year and a half later, its popularity has soared to new heights. Its impact has shaken up the traditional work structure, calling into question certain personal working-from-home choices. For example, since many employees are […]