As multinational companies expand into new markets, services such as employee assistance programs are taking off on a global level as well. “At a macro level, there is a general trend towards globalization, especially in the multinational segment,” says Richard Albert, vice-president of global business development at Morneau Shepell, following the announcement of a strategic alliance with one of India’s […]
IMAX Corp. has extended its long-term incentive plan to all of its employees and managers. The company has extended the program, which had previously been available to those at the director level and above, to all employees can be a shareholder in the company. “We want all our employees to feel like owners of the company, […]
In recent years, Canada’s largest companies have struggled with the inherent ups and downs of managing risk in their defined benefit pension plans. Two employer-sponsored pensions in particular — despite experiencing similar types of labour strife, government intervention and plan redesign — have so far embarked on very different investment strategies to suit their businesses […]
With Ontario Premier Kathleen Wynne vowing to implement major reforms to political fundraising in Ontario, what has the pension and benefits industry been up to when it comes to donations to political parties? According to the Elections Ontario database of political donations, the Ontario Municipal Employees Retirement System (OMERS) and the Ontario Teachers Insurance Plan […]
The Toronto Transit Commission has hosted its first diabetes screening campaign, making the onsite screening available to its 12,000 employees in December. Dr. Alain Sotto, occupational medical consultant at the TTC, said the campaign was introduced after the organization had seen a higher frequency of type 2 diabetes and its related complications among its employees. […]
GE Canada is embarking on the third stage of its mental-health strategy with a focus on leadership behaviour and helping employees to better cope with stress. “We’ve talked about the fact that we’ve done the hardware and now we need to do the software,” said Diana McNiven, manager of compensation and benefits at GE Canada, at Benefits […]
Global catalogue and internet retailer The Bradford Group/Hammacher Schlemmer added a number of new options to its voluntary benefits program during its latest enrolment in a bid to attract and retain employees, customize its benefits and fill in gaps in its previous offering. The company, which has 700 eligible U.S.-based employees, recently added critical illness, accident […]
Tax preparation firm Ryan has been named to the top of Fortune‘s inaugural 50 Best Workplaces for Flexibility. The inaugural list surveyed more than 209,000 employees in the U.S. to find out which employers are embracing a range of flexible working options, such as job sharing, telecommuting, compressed workweeks, flexible scheduling and phased retirement options. At […]
From the role of technology in drug plan management to how to create an action-oriented mental health strategy, the group benefits stream at Benefits Canada‘s 2016 Benefits and Pension Summit will cover a range of important topics for plans sponsors. Read: Alternative investments among the DC topics at 2016 Benefits and Pension Summit The annual event, which takes place March 31 and April 1 […]
I’m told I’m a member of the so-called sandwich generation of those in their 30s and 40s with the dual responsibilities of bringing up their own children and caring for their aging parents. In reality, I won’t be facing these pressures any time soon as I’m 35 and childless with parents in their 60s who […]