Since Aug. 26 is National Dog Day, Talk Shop Media thought it would be the perfect time to roll out its new ‘pawrental leave’ policy. The benefit allows employees to take time off around the adoption of a new pet to focus on ownership duties, bond with their new “fur babies” and get them settled. […]
While right-to-disconnect legislation provides employees with a clear definition of their expected work hours, governments have to be careful they aren’t overly regulating because people have different ways of working productively, says Elaine Gringauz-Yedlin, chief operating officer of corporate benefits at Johnston Shaw Inc. “I have two young children and sometimes during the day I get […]
Since Caary Capital Ltd. was founded during the coronavirus pandemic, it had to adapt quickly to the unpredictable hiring market using techniques like flexible working arrangements and an employee stock ownership plan to help attract and retain employees. “We’re a child of the pandemic so for us it was just a matter of getting used […]
The union representing roughly 3,000 Canadian Pacific Railway Ltd. employees across Canada has ratified a two-year collective agreement that includes pension enhancements and increased benefits. Read: Arconic, Unifor agreement protects workers’ DB pension plan The agreement will allow members of the Teamsters Canada Rail Conference to join CP Rail’s pension improvement accounts and includes a 3.5 per […]
In the midst of historically high inflation and ahead of a possible recession, it’s important for employers to offer benefits like financial counselling and flexible spending accounts to support employees’ financial and mental well-being. Mercer Canada predicts a 40 per cent chance of heading into a recession, according to feedback from investment managers and relevant data. […]
When it comes to communicating with employees, it can be challenging for employers to create subject matter that’s engaging enough to ensure staff properly absorb all of the information. In 2021, the City of Toronto decided to try a new strategy by adding an animated video to its benefits communications campaign. “People are busy. We […]
3M Canada’s benefits specialist discusses absence management, the ‘Great Resignation’ and rock painting. Q: What new programs or initiatives are you looking to implement? A: We recently launched an absence management platform that serves as a one-stop shop for our leaders to refer employees regarding disability leave and to stay informed on the status of […]
Pension spending alone supported more than 41,000 jobs across Alberta and contributed more than $4.4 billion to the province’s gross domestic product in 2021, according to a new report by the Canadian Centre for Economic Analysis. This is equivalent to $14.40 of GDP for every $10 of retirement benefit payments received in 2021. The report […]
New Brunswick is amending its Pension Benefits Act to allow for enhanced communications with plan members, exempt compulsory membership for religious beliefs and allow for reserve accounts and the statutory discharge of annuity buyouts. The amendments will also provide the Financial and Consumer Services Commission with the authority to address overpayment errors and grant rule-making, according to […]
The union representing nearly 800 employees at Calgary and Vancouver airports has ratified a first contract that includes retirement and benefits gains. The contract cements the continuation of the airline’s employee savings plan, which permits contributions to either a cash savings plan, a group registered retirement savings plan or a group tax-free savings account. Employee contributions […]