Three-quarters (76 per cent) of Canadian capital accumulation plan sponsors say employees’ financial resilience and retirement readiness are the main reasons they’re modernizing their plan, up from 41 per cent in 2020, according to a new survey by WTW. The survey, which polled more than 150 Canadian employers, found two-thirds (64 per cent) are also […]
Fewer than half (45 per cent) of Canadian employees say they’re satisfied with their employer’s benefits plan, according to Telus Health’s latest mental-health index. The survey, which polled roughly 3,000 employees, found the average mental-health score was 63.5 in December, virtually unchanged from November (63.4). Anxiety (56.8) continued to be the lowest mental-health sub-score, followed […]
Friendship among employees can yield several benefits for employers, including supporting their attraction and retention strategies, according to a new survey by the Harris Poll on behalf of Express Services Inc. The survey, which polled more than 500 Canadian employees and more than 500 employers, found more than eight in 10 (85 per cent) employers […]
An article on a series of court cases dealing with remote working arrangements in Quebec was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Quebec’s approach to remote workers’ rights holds lessons for other provinces: lawyer 2. How […]
The Workplace Insurance and Safety Employee Trust is reporting a net return of 11.3 per cent for fiscal 2024, with the WSIB Employees’ Pension Plan’s net assets increasing to $4.46 billion. The trust attributed the result to its collaborative partnership with the Investment Management Corp. of Ontario, which acts as the trust’s exclusive investment manager […]
John Deere & Co.’s shareholders are reaffirming the company’s commitment to diversity, equity and inclusion, voting overwhelmingly against a resolution targeting its DEI efforts, according to a report by USA Today. The resolution was filed by the National Legal and Policy Center, a conservative-leaning Washington think tank, said the report. The vote makes the farm […]
Nearly two-thirds (60 per cent) of employees say commuting expenses are the most crucial costs to have subsidized by employers, according to a new survey by Robert Walters Canada. The survey, which polled 2,500 white-collar workers in Canada, found a similar percentage (60 per cent) prioritized this benefit over tech equipment, food and health or […]
When designing an optimal menu of defined contribution investment options, it’s important for plan sponsors to maintain a documented rationale for the investment lineup and to continually monitor the lineup’s performance amid external factors, according to a new report by the Defined Contribution Institutional Investment Association. It found while plan sponsors typically take one of […]
An article on the Ontario Municipal Employees’ Retirement System’s 2024 financial results was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. OMERS returns 8.3%, grows net assets to $138.2BN in 2024 2. Fewer millennials, gen Z employees on […]
While a quarter (26 per cent) of Canadians say they don’t face any barriers and are on track to saving for their ideal retirement, only 15 per cent of millennials and 10 per cent of generation Z say the same, according to a new survey by Edward Jones Canada. The survey, which polled more than […]