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. […]
Employers are applying several lessons from the ongoing coronavirus pandemic to their benefits offerings, particularly the importance of employee well-being and access to virtual health care, says Marie-Josée Le Blanc, a partner and innovation leader at Mercer Canada. “Before the pandemic, there were two types of organizations: those that were doing more to support well-being […]
Canada’s pension plan sponsors have a fiduciary responsibility to consider climate change in their financial decisions, according to Randy Bauslaugh, counsel for pensions and benefits and executive compensation at McCarthy Tétrault LLP, during a webinar hosted by the Canada Climate Law Initiative and the Canadian Pension & Benefits Institute. “The failure of plan administrators and […]
While the rates of drug and disability claims are returning to their pre-pandemic levels, employers are still contending with the impact of the coronavirus crisis on their benefits plans. Following the declaration of the pandemic in March 2020, there was a subsequent surge in drug claims attributed to medication stockpiling, said Frédéric Leblanc, strategic advisor […]
Lafarge Eastern Canada’s new employee wellness program is highlighting the importance of mental and physical health amid the ongoing coronavirus pandemic. “It was always my intention to promote wellness through my communications, but when the pandemic happened, it was really the time to focus on this,” says Jessica Assaf, manager of corporate communications for Lafarge […]
The Universities Academic Pension Plan is withdrawing control of its $2.7-billlion public equities portfolio from the Alberta Investment Management Corp. The withdrawal comes following ongoing discussions at the UAPP about the AIMCo’s public equities strategy and the investment manager’s volatility trading program that was wound down in 2020, says Geoffrey Hale, chair of the UAPP’s […]