While U.S. generation Z workers want to retire at age 61, 99 per cent of these employees say they’re facing obstacles to saving for a comfortable retirement, a nine per cent increase from 2022, according to a new survey by Charles Schwab & Co. Inc. The survey, which polled 1,000 401(k) plan participants, found the […]
Two-thirds of (66 per cent) of Canadian employees who have employer-provided health benefits say their overall well-being is good or excellent, compared to fewer than half (49 per cent) of workers without these benefits, according to a new survey by RBC Insurance. The survey, which polled more than 1,000 employees, found those with employer-provided benefits […]
Canada ranks No. 9 among the top 10 countries with the best work-life balance, according to a new report by Remote Technology Inc. The report examined 60 countries and assessed factors such as minimum wage, sick leave, maternity leave, health-care availability, public happiness, average working hours and LGBTQ2S+ inclusivity. Read: Ottawa named a top city for work-life […]
In 2022, some of the top chronic conditions affecting group benefits plans were diabetes, obesity, depression and arthritis. Diabetes was the No. 1 ranked condition for drug claims in 2022, knocking rheumatoid arthritis down to the No. 2 spot, according to Telus Health’s annual drug plan trends report. And the 2023 Benefits Canada Healthcare Survey […]
Sixty per cent of Canadian employees say they’d be willing to accept a lower salary in exchange for flexible working hours or a remote working arrangement, according to a new survey by the Harris Poll on behalf of Express Services Inc. The survey, which polled more than 500 employers and more than 500 employees, found […]
Thomson Reuters Corp. is supporting employee mental health by creating opportunities for workers to connect with each other and highlighting resources to support mental health during its month-long ‘Courage to Connect’ campaign. The company will also hold its second annual Global Mental-Health Day Off on Oct. 23, allowing employees to fully check out of work […]
While employees’ overall view of their employer’s workplace mental-health efforts are on the rise, workers were 49 per cent less likely to say their employer made significant positive changes to support mental health in 2023 compared to 2022, according to a new report by LifeSpeak Inc. and Lighthouse Research & Advisory. The report, which consisted […]
While flexible working arrangements may render the traditional workday obsolete, concepts like triple-peak work hours may jeopardize the work-life balance employees are seeking. A report from Microsoft Corp. found triple-peak work hours — in which employees divide their workday over three separate blocks of time, including late in the evenings — are increasing in popularity. […]
More than a quarter (38 per cent) of plan members say they’ve experienced a high level of stress on a typical day over the past three months, up from 27 per cent in 2022 and exceeding the previous high mark recorded in 2021 (35 per cent), according to the 2023 Benefits Canada Healthcare Survey. The […]
By March 2021, nearly half a million Canadian women who lost their jobs during the pandemic still hadn’t returned to work by the beginning of that year, according to data from the Royal Bank of Canada. It also found more than 200,000 women had slipped into the ranks of the long-term unemployed, a threefold increase […]