Sun Life Assurance Co. of Canada’s group benefits and Lumino Health platform are rebranding as Sun Life Health, a new business unit focused on empowering Canadians to live their healthiest lives no matter where they are in their wellness journey. “Sun Life Health brings these areas of expertise together, providing Canadians with a partner on their […]
Canadian employers are using bonuses to attract and retain employees in a difficult labour market, according to a new survey by Mercer. Half (50 per cent) of respondents said they’re providing sign-on bonuses for select new non-executive hires. And while 55 per cent aren’t offering retention bonuses, 35 per cent said they’re being provided for […]
As the Canada Pension Plan Investment Board’s head of international leaves the organization for a global private equity firm, Geoffrey Rubin will assume oversight for international operations on an interim basis. After nearly 14 years with the CPPIB, Alain Carrier, senior managing director and head of international, is joining Bregal Investments Inc. as global chief executive […]
When employees are financially stressed, they’re distracted and less productive at work and more likely to leave their jobs, according to a new survey by the Canadian Payroll Association. Though the survey found personal finances have improved for many Canadians in 2020 and 2021, 30 per cent of respondents who indicated they experience financial stress […]
The union representing employees at the Globe and Mail has ratified a new three-year contract that will provide a $1,500 mental-health benefit. Howard Law, director for the media sector at Unifor, says the mental-health benefit was increased from $850 and won’t be subject to the overall paramedical cap of $1,500. Read: Reliance Home Comfort, Unifor […]
While 53 per cent of employees said their employer has provided good support during the coronavirus pandemic, 40 per cent reported difficulty in accessing mental-health care through their workplace benefits plan, according to a new survey by Mercer. The survey, conducted among 14,000 employees across 13 countries, found access to quality mental-health care was more […]
More than two-thirds (69 per cent) of U.S. employers plan to differentiate and customize their benefits programs over the next two years, according to a new survey by Willis Towers Watson. As drivers to revamp their benefits strategy, personalize the employee experience and manage the costs of their offerings, survey respondents cited an increased focus […]
Bâtirente is naming Éric Filion (pictured) as chief executive officer, effective Oct. 6. He’ll take over the position from Daniel Simard, who is retiring after 25 years as CEO. Simard will remain with Bâtirente as a special management advisor until June 30, 2022. Read: Bâtirente unveils new plan to optimize investments across all funds Since 2016, […]
The result of the federal election could have a direct impact on working parents. The Liberal Party made a national $10 a day childcare system a key part of its budget in the spring. However, the Conservative Party, if elected, is promising to immediately scrap these plans. In its election platform, the Conservatives set out a plan […]
The Conservative Party is promising, if elected, to extend employment insurance parental benefits to parents experiencing the trauma of a miscarriage, stillbirth or loss of a child. “Every year, thousands of Canadian parents struggle with the loss of a child, but our current benefits system does not provide the proper support for grieving parents,” said […]