While the majority of Canadian pension and retirement savings plan sponsors view governance as a top priority, 24 per cent said they haven’t conducted a review of their governance policy in the past three years, according to a new survey by Aon. It found 21 per cent of respondents identified “outdated or inefficient plan governance […]
Lululemon Athletica Inc. is helping employees maintain physical and mental well-being amid the coronavirus pandemic with a series of wellness initiatives. In an emailed statement to Benefits Canada, Angela Wright, vice-president of health and wealth and organization planning at Lululemon, said the company increased its focus on employee well-being during the pandemic, with many existing […]
Two East coast companies are among the early adopters of a retirement savings platform for employers in the not-for-profit sector. Prince Edward Island Family Violence Prevention Services Inc. and Newfoundland-based Thrive previously offered their employees group registered retirement savings plans. Danya O’Malley, executive director of the PEI Family Violence Prevention Services, says lower fees was […]
Indigenous and racialized seniors have less retirement security and higher poverty rates than white seniors in Canada, according to a new report by the Canadian Centre for Policy Alternatives. Based on data from the 2016 census, the report found Indigenous seniors have an average income of $32,200 and a poverty rate of 21.5 per cent, […]
While a majority of employers envision a full-time return to the office post-coronavirus pandemic, many also plan to introduce flexible working arrangements, according to a new survey by ManpowerGroup Canada. It found 70 per cent of employers said the majority (76 per cent to 100 per cent) of their employees have roles that require them […]
Canadian employees’ remote working experiences vary across different generations, according to a new survey by Angus Reid on behalf of ADP Inc. It found while 44 per cent of respondents said they work longer compared to pre-coronavirus pandemic times, 48 per cent of millennials and just 31 per cent of generation Z are clocking extra […]
The British Columbia Investment Management Corp. is becoming “more intentional about” its ongoing environmental, social and governance efforts in the wake of the coronavirus pandemic, says Jennifer Coulson, vice-president of ESG and public markets for the investment manager. Its 2020 annual report highlights the BCIs’ expansion of its carbon footprint reporting to include all asset classes […]
Receiving peer recognition for an innovative communications strategy was among the reasons the Co-operative Superannuation Society pension plan entered Benefits Canada‘s 2020 Workplace Benefits Awards, according to Nicole Quintal, communications manager for the plan. “Quite a few peers in the industry reached out to us after we won the award and it was great to get […]
By integrating their benefits and pension plans, employers can fulfill their plan objectives while creating a better experience for plan members, said Christine van Staden, regional vice-president of group customer and national accounts at Canada Life Assurance Co., during Benefits Canada’s 2021 Benefits & Pension Summit. “This is a trend we’re seeing more of in […]
With auto-related accidents contributing to absenteeism and lost workplace productivity, accident prevention is a key component of corporate wellness, said Fernand Vartanian, general counsel and head of corporate development at Onlia Holding Inc., during Benefits Canada’s 2021 Benefits & Pension Summit. Traditionally, corporate wellness programs have focused on areas such as mental health, stress management and physical well-being. […]