A decision by a British Columbia labour arbitrator on how a drug cost-control program violated a collective agreement was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Implementation of drug cost-control program violated collective agreement: arbitrator 2. Employers seeking to withhold termination entitlements must prove […]
Half (53 per cent) of employees who believe their work isn’t authentically recognized by their employer are actively looking for a new job, compared to 27 per cent who believe their employer’s recognition is authentic, according to a survey by Gallup Inc. for software company Workhuman. The survey, which polled more than 7,000 U.S. employees, […]
The Ontario Municipal Employees Retirement System is entering a partnership to acquire a Dutch energy firm. The Algemene Pensioen Groep, a Dutch pension plan, and the infrastructure arm of the OMERS have reached an agreement to jointly acquire Groendus Group from NPM Capital Partners. Based in the Netherlands, Groendus is an energy transition platform created in […]
Three-quarters (77 per cent) of employees believe remote and hybrid working has improved their overall well-being, according to a survey by Cisco Systems Inc. The survey, which polled 28,000 full-time employees across the globe, found six in 10 employees who switched to remote working during the coronavirus pandemic reported improvements in their quality of work (61 […]
The Pension Fund Coalition is publishing a set of generic contracts aimed to help plan sponsors in establishing minimum environmental, social and governance criteria with asset managers. The model contracts are designed to be flexible across a range of scenarios, approaches and asset classes, according to a press release, which noted although the coalition is […]
The Alberta Investment Management Corp. is appointing Krista Pell as its chief human resources officer. In the new role, Pell will lead the AIMCo’s HR functions, which will involve advancing its global recruitment strategy to attract and retain top talent, according to a press release. She’s also responsible for supporting the institutional investor’s diversity, equity […]
Half (51 per cent) of knowledge workers who quit their job in the last two years believe a relocation opportunity is a must for new job offers, according to a survey by Wakefield Research for Graebel Companies Inc. The survey, which polled 1,500 employees in 11 global markets, found 70 per cent may have stayed with their […]
The Pension Investment Association of Canada is urging the Office of the Superintendent of Financial Institutions to ensure its guidance on pension investment risk management is flexible enough to be appropriate for plans of all sizes. In an open letter, PIAC chair Sean Hewitt addressed 15 points posed by the OSFI to the pension investment sector related […]
While two-fifths (42 per cent) of U.S. employees believe the culture at their workplace has improved over the past two years, 23 per cent believe it has declined, according to a survey by software company Quantum Workplace. The survey, which polled more than 32,000 employees, found 35 per cent said the culture at their workplace has […]
The percentage of Canadians who worked exclusively from home decreased from 24 per cent in January 2022 to 19 per cent in April, while just six per cent said they’re in a hybrid work arrangement, according to a survey by Statistics Canada. The survey, which polled 49,000 working Canadians, found nine in 10 (88 per cent) […]