While eight in 10 (82 per cent) Canadian generation Z employees believe they merit a raise next year, just 53 per cent anticipate they’ll receive one from their employer, according to a new survey by Employment Hero. The survey, which polled more than 800 employees, found while 62 per cent of gen-Zers feel they deserve […]
Global employers are shifting their approach toward the use of diversity, equity and inclusion metrics in their executive compensation plans amid growing politicization of DEI, according to a new report by WTW. The report analyzed filings from companies listed on the S&P 500, the TSX 60, the FTSE 100 and other major indices in Europe. […]
The Caisse de dépôt et placement du Québec and Investissement Québec are each acquiring a minority stake in Quebec-based steelmaker the Honco Group. The transaction consolidates the company’s Quebec-based ownership while accelerating its Canadian and international expansion, according to a press release. “This milestone marks an important step in our approach to value creation and […]
The world’s 500 largest asset managers’ assets under management reached US$139.9 trillion at the end of 2024, a 9.4 per cent increase from the previous year, according to a new report by WTW’s Thinking Ahead Institute. It found this increase was driven largely by North American asset managers, which reported an average increase of 13 […]
While earlier generations of Canadian retirees fared well despite limited financial literacy thanks to simpler pension systems, today’s employees face a more complicated journey through a self-directed financial landscape, according to a new report by the C.D. Howe Institute. It found Canadian employees, especially those in the private sector, are partially left to their own […]
The union representing workers at Loblaws Inc.’s distribution centre in Ajax, Ont. have ratified a new five-year collective agreement that includes benefits and wage gains. Employees with 15 or more years of service will now have their top-tier benefits plan fully paid by the employer, eliminating the previous monthly costs of $50 for single coverage […]
Almost half of global organizations say employee productivity would increase by at least 10 per cent if their performance management process was optimized, according to a new survey by WTW. The survey, which polled nearly 500 employers, found while their employees expect clear goals and priorities, regular feedback, fair ratings and strong ties to rewards, […]
An article on one of Pratt & Whitney Canada’s wins in Benefits Canada’s 2025 Workplace Benefits Awards 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. Pratt & Whitney Canada’s winning well-being program centres around four pillars of […]
In its 2025 budget, the federal government announced several initiatives to incentivize institutional investors to back domestic infrastructure and business ventures. The budget proposed $1 billion on a cash basis over three years, starting in 2026, for the Business Development Bank of Canada to launch a venture and growth capital catalyst initiative, a fund-of-funds that […]
An article on recent private equity investments by the Canada Pension Plan Investment Board 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. CPPIB increases stake in environmental services firm, receives approval for energy provider takeover 2. Solvency […]