The majority (80 per cent) of Canadian public companies are using at least one environmental, social and governance factor in their executive compensation plans, with social factors (78 per cent) the most prevalent measure, according to a new report by WTW. The report, which analyzed disclosures from 900 public companies across the globe, found two-fifths […]
The Canadian Coalition for Good Governance is joining the Colleges of Applied Arts and Technology pension plan’s DBplus arrangement. “Our participation in a [defined benefit] plan speaks to our beliefs and values as an organization and demonstrates our commitment to our employees,” said Catherine McCall, executive director of the CCGG, in a press release. “We […]
Half (50 per cent) of Canadian employees say they’re currently looking for a new job or plan to begin their search in the first half of 2023, up from 31 per cent in June, according to a new survey by Robert Half Canada Inc. The survey, which polled more than 1,100 employees, found employees who’ve been […]
The Alberta Investment Management Corp. is appointing Marlene Puffer as chief investment officer, effective Jan. 30, 2023. In the role, she’ll serve as head of both public and private investments, including responsibilities for economics and fund strategy, fixed income, infrastructure, public and private equity, private debt and loan, private mortgages and real estate. Read: AIMCo […]
More than two-fifths (44 per cent) of North American institutional investors say they’re likely to increase allocations to alternative investments, citing high inflation (89 per cent) and expectations of lower returns (86 per cent), according to a new survey by Cerulli Associates. The survey’s respondents said they plan to increase allocations to infrastructure (28 per […]
An article on Thomson Reuters’ new vacation policy was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Thomson Reuters supporting employee well-being with new vacation policy 2. Expert panel: What does it mean for pension plan members to live separate and apart? 3. 42% of Canadian […]
The majority (80 per cent) of Canadian employers say they enhanced their total rewards programs in 2022 to better attract and retain employees, up from 63 per cent in 2020 and 2021, according to a new survey by Arthur J. Gallagher & Co. The survey, which polled more than 450 employers, found 44 per cent […]
Canada’s employment insurance system requires modernization to withstand future economic challenges and to ensure Canadians’ financial security, according to a new report by the Institute for Research on Public Policy. The proportion of unemployed Canadians eligible for EI has decreased from 80 per cent in the 1980s to 40 per cent today, it said, noting […]
The union representing roughly 300 employees at American Airlines in Toronto and Montreal has ratified a new two-year agreement that includes pension and benefits improvements. The agreement includes a 0.5 per cent increase to the matching formula for the defined contribution pension plan — from 5.5 per cent to six per cent — plus an […]
A global four-day workweek pilot program has resulted in positive impacts to employee well-being and productivity, according to a new report by Boston College, Cambridge University and University College Dublin. The report analyzed responses from more than 900 employees and 33 employers participating in the six-month program between February and August. It found the vast […]