While 72 per cent of institutional investors are currently integrating environmental, social and governance factors into their investment strategies, 29 per cent are placing greater emphasis on ESG considerations as a result of the coronavirus pandemic, according to a new survey by RBC Global Asset Management. The survey, which polled 800 global institutional investors, found […]
More than eight in 10 (83 per cent) U.S. organizations are implementing diversity, equity and inclusion initiatives in 2021, according to a new survey by WorldatWork. Among the 83 per cent, almost a third (29 per cent) said they took their first action on DEI initiatives during the past 12 months. Nearly all (97 per […]
While more than half (58 per cent) of Canadian employers provide top-up pay for maternity leave benefits, just 33 per cent offer top-ups for parental leave benefits, according to a new survey by Aon. The survey, conducted among 207 Canadian employers, found 53 per cent provide income replacement of 95 per cent to 100 per […]
Canadians reported slightly higher levels of financial well-being in the summer of 2021, with many focusing on saving for retirement, according to a new survey by LifeWorks Inc. The survey, conducted among 3,000 respondents, found a financial well-being index score of negative 1.6 compared to the pre-coronavirus pandemic benchmark, up slightly from negative 2.8 in […]
More than 20 financial organizations in Quebec, including the Caisse de dépôt et placement du Québec and the Public Sector Pension Investment Board, are joining forces to tackle the climate emergency. The initiative, the Statement by the Quebec Financial Centre for a Sustainable Finance, aims to affirm Quebec’s leadership in sustainable finance and the financial institutions’ […]
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 […]