Seven in 10 U.S. workers between the ages of 40 and 80 with at least $100,000 in investable assets say they’d be “very” or “somewhat” likely to select an in-plan annuity option if it were available within their employer-sponsored retirement savings plan, according to a new report by LIMRA. It also found younger plan participants […]
Jordan Fremont is joining Stikeman Elliott LLP’s pensions and benefits group as a partner. His practice focuses on pensions, benefits and compensation plan design, as well as compliance, governance, administration, regulatory investigations, disputes and business transactions. Fremont previously practiced at Bennett Jones LLP and prior to that, at Hicks Morley Hamilton Storey Stewart LLP. Read […]
The City of Philadelphia is ordering all 26,000 municipal employees back to the office five days per week, according to a report by National Public Radio. While several unions representing the city’s workers argued that change in work arrangements must be negotiated, a Philadelphia County judge ruled in favour of city officials, who have maintained that […]
The most prevalent minimum employee benefits that are offered by multinational companies are employee assistance programs and life insurance (73 per cent), maternity leave (70 per cent) and paternity leave (69 per cent), according to a new survey by Aon. The survey, which polled nearly 300 employers from across 31 countries, found these standard offerings […]
On June 6, Benefits Canada hosted its annual Mental Health Summit, the industry’s most popular and well-known conference in this space. Designed for employers and the advisors who consult with them, this virtual event covered key areas including links to disease impacts, treatment options and much more. Here’s what you missed! How plan sponsors can support employees’ […]
Nearly half (49 per cent) of executive leaders say financial stress often or very often prevents their frontline workers from doing their best work, according to a new survey by Dayforce Inc. The survey, which polled more than 6,900 workers, managers and executives from companies with frontline workers across the globe, found 62 per cent of […]
Nearly three-quarters (70 per cent) of U.S. employers say their company’s benefits package is critical to attracting and retaining the best workers, according to a new report by LIMRA. It found half (51 per cent) of employers believe their company will be offering more benefits in the future than it does today and another six […]
Sales of U.S. workplace supplemental health products totalled nearly US$1.3 billion in new annualized premiums in the first quarter of 2024 ― a three per cent increase year over year, according to a new report by LIMRA. It found major product lines of accident, critical illness and hospital indemnity insurance combined grew four per cent from […]
An article on the benefits of tailoring an individual’s work schedule around their circadian rhythm and optimum times of productivity 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. How ‘Chronoworking’ is helping boost employee productivity, recruitment 2. FSRA releases final […]
Roughly a third (34 per cent) of employers in the U.S. are providing coverage for glucagon-like peptide-1 medications for both diabetes care and weight-loss management in 2024, up from 26 per cent in 2023, according to a new survey by the International Foundation of Employee Benefit Plans. However, the survey, which polled more than 270 U.S. employers, found more […]