Slightly more than half (51 per cent) of hybrid or remote workers say they’d leave their job if they were mandated to return to the office, according to a new survey by software company Workhuman. The survey, which polled 1,000 full-time employees in the U.S., found although two-thirds (67 per cent) of respondents reported their working […]
Benefits Canada is pleased to announce the finalists of the 2022 Workplace Benefits Awards. This year’s awards program welcomed 115 entries across 11 categories, all highlighting how Canada’s leading employers are supporting their employees’ physical, mental and financial well-being. The winners will be announced on Tues., Oct. 18 in Toronto at the 2022 Healthy Outcomes Conference, an in-person event intended for employers […]
Nearly half (48 per cent) of U.S. workers say inflation is making it difficult for them to pay for their employee benefits, according to a survey by the Hartford Financial Services Group Inc. The survey, which polled 900 employees, found although more than a third (39 per cent) said their overall health has improved thanks to […]
Goldman Sachs Group Inc. is lifting most coronavirus vaccination requirements for employees returning to the office. In a company memo, the bank informed employees that starting next week, they can work onsite regardless of their vaccination status, with no requirements to participate in regular testing or wear face coverings, according to a report by Bloomberg. […]
The Ontario Municipal Employees’ Retirement System is reporting a net investment return of negative 0.4 per cent — or a loss of $500 million — for the first half of 2022. During the period, the OMERS earned a net investment return of six per cent — or a gain of $6.7 billion — after reporting […]
Apple Inc. is making sudden changes to its return-to-workplace strategy for office-based workers. The policy, set to first take effect at the company’s Silicon Valley headquarters on Sept. 5, will require employees to work from the office on Tuesdays, Thursdays and a regular third day that will be determined by individual teams, according to a […]
The Canada Pension Plan Investment Board is entering a joint venture focused on the hospitality sector. The new scheme, which also includes Hamilton Pyramid Europe, a subsidiary of the Pyramid Global Hospitality Group, aims to acquire operating hotels in European gateway cities and resort destinations. The investment organization has committed €475 million (about $624 million) […]
The projected solvency ratio of Ontario’s defined benefit pension plans declined in the second quarter of 2022, according to a new report by the Financial Services Regulatory Authority of Ontario. In its quarterly report, the FSRA found the median projected solvency ratio reached 110 per cent on June 30, 2022, down two per cent from […]
While nearly three-quarters (74 per cent) of small- and medium-sized employers say cost is the biggest hurdle to offering employee benefits, a majority of SME workers say low-cost benefits or perks are most important, according to a new survey by software company PeopleKeep. It found 93 per cent of respondents said paid time off is […]
The Ontario Teachers’ Pension Plan is reporting a total fund net return of 1.2 per cent for the six-month period ended June 30, 2022. The 12-month total fund net return was 8.3 per cent while net assets grew to $242.5 billion, according to a press release, which noted the five- and 10-year annualized total fund […]