When it comes to career decisions, Canadian workers are split between exploration and stability, said Deborah Bottineau, managing director at Robert Half Canada, in an emailed statement to Benefits Canada. “Those seeking a change aren’t only chasing higher pay — in fact, for the first time since we began tracking worker sentiment, better benefits and […]
Employers can support workers impacted by this summer’s wildfires through flexible working arrangements, mental-health resources and clear communication, says Kim Siddall, national vice-president of client strategy at People Corporation. “Employers are looking at different ways to support people, both on the mental health and physical health side, because of disruption and displacement [from evacuation] as […]
A preference for in-office work among generation Z employees isn’t surprising, given that many of their cohort began their careers during lockdowns, missing out on organic learning opportunities and team-bonding moments, says David Song, a branch director at Robert Half Canada. “In-person time enables them to absorb workplace culture in real time — things like […]
One expert encourages employers to avoid a ‘use it or lose it’ approach, while another emphasizes the value of encouraging benefits usage as an attraction and retention strategy. Richelle Feddema, senior manager, anti-fraud member management, the Canadian Life and Health Insurance Association Employers play a crucial role in providing their employees with access to health […]
While workplace savings programs have traditionally focused on retirement, there has been a shift in recent years to facilitate employees’ changing financial priorities and savings journeys. Benefits Canada’s 2025 Employee Savings Survey (formerly known as the CAP Member Survey) found three-quarters (73 per cent) of Canadian employees ranked paying for day-to-day expenses among their top […]
While legal requirements around pay transparency vary across different jurisdictions, employers that offer context around pay decisions can build trust with employees by providing clearer visibility into compensation expectations and signalling a commitment to fairness, says Kelly Voss, head of rewards and career for North America at Aon. “Those that embrace transparency as part of […]
Canadian people managers who have left or are planning to leave their role say factors such as lack of fulfilment or advancement (49 per cent), inadequate compensation (41 per cent) and mental-health issues (31 per cent) influenced their decision, according to a new survey by the Harris Poll on behalf of Express Services Inc. The […]
Half (50 per cent) of Canadian generation Z workers say they’d prefer a senior role that doesn’t involve people management, compared to 44 per cent of generation X, 42 per cent of millennials and 19 per cent of baby boomers, according to a new survey by Robert Half Canada. “It may reflect the fact that […]
The implementation of variable payment life annuities in Quebec will support employee financial well-being and retirement readiness, while providing a model for other Canadian jurisdictions, says Louis-Bernard Désilets, an associate at Normandin Beaudry. “Currently, there’s approximately $1.5 trillion in retirement savings accumulated in [registered retirement savings plans] and [defined contribution] plans in Canada, with likely […]
The Canadian pension risk transfer market reached record-breaking demand in 2024 with $11 billion in deals at the end of the year, eclipsing the $7.8 billion combined total of annuities transactions in 2023 and 2022. Indeed, the fourth quarter of 2024 alone saw $5.2 billion of overall transactions, split between $1.5 billion in buy-ins and […]