A ruling by the Supreme Court of British Columbia on the B.C. Credit Union Employers’ Pension Plan’s normal retirement date was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. B.C. court upholds pension plan’s decision to increase retirement age 2. Ontario NDP platform includes dental […]
The union representing roughly 900 workers at Metro Inc. warehouses in Etobicoke, Ont. has ratified a new 4.5-year collective agreement that includes pension and benefits gains. Sandeep Kakan, director of pension and benefits at Unifor, says the agreement includes an increase in the defined benefit pension plan’s flat-rate benefit, retroactive to 2001, as well as […]
Two-fifths (43 per cent) of global employees said they’re likely to quit their job in the next 12 months, citing factors such as higher total pay (35 per cent) and career growth opportunities (25 per cent), according to a new survey by EY. The survey, which polled more than 1,500 business leaders and more than […]
The union representing workers at three Ontario casinos has ratified a series of collective agreements that will provide improved pensions and health benefits for employees. Members of Unifor Local 444 at the Caesars Windsor ratified a three-year collective agreement that includes a one per cent enhancement to its defined contribution pension plan, as well as […]
Ahead of the upcoming provincial election, Ontario Liberal Leader Steven Del Duca is promising several benefits for employees and employers in his economic platform. The platform, announced ahead of the 2022 election campaign, includes providing all Ontario workers with portable drug, dental and mental-health services; matching up to $1,000 in annual retirement savings for long-income earners, […]
A story on a pilot benefits plan program that provides plan members with access to traditional Indigenous medicines and services was the most read article over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. First Nations community providing Indigenous wellness benefits to plan members 2. Just 52% of Canadians […]
Canadian Pacific Railway Ltd. and the union representing 3,000 conductors, engineers and train and yard workers say they have agreed to final and binding arbitration to end a work stoppage. Workers will return to the job at noon local time Tuesday. In a statement issued early Tuesday morning, Teamsters Canada Rail Conference spokesperson Dave Fulton […]
A Toronto-based non-profit organization is compensating prospective employees by paying them for their time during interviews. FoodShare Toronto’s new policy, which took effect March 1, pays interviewees a fixed rate of $75, regardless of the position. In addition, if an interview requires the candidate to complete an assignment or prepare a presentation, they’re also compensated […]
ArcelorMittal Long Products Canada is renewing three collective agreements with its employees, including improvements to the defined benefit pension plan, disability benefits and life insurance. The new six-year agreements were ratified by 800 unionized employees. For the DB plan, the agreements include a total $9 increase in the monthly pension credit, so at the end […]
As widespread labour shortages force Canadian companies to re-evaluate their employee recruitment and retention practices, experts say pay transparency is increasingly in the spotlight. Outside of the public sector and unionized shops, salaries in North America have long been considered a private matter between employer and employee. Job postings generally don’t disclose compensation and the issue of […]