The Caisse de dépôt et placement du Québec is investing $125 million in a Quebec-based software developer best known for products supporting digital workplaces. The investment in GSoft Inc. follows the company’s launch of two digital software suites aimed at supporting work-from-home business models. ShareGate aims to improve information technology services and Officevibe seeks to […]
The Public Sector Pension Investment Board is reporting a net return of 4.4 per cent for fiscal 2023. As of March 31, 2023, the investment organization had $243.7 billion in net assets under management, up 5.7 per cent from $230.5 billion at the end of the previous fiscal year. It also reported a 10-year annualized […]
An amendment to Manitoba’s Beneficiary Designation Act allows a pension plan member’s legal representative to now make a beneficiary designation on behalf of the member if they can’t make the designation themselves. However, the representative can only designate a beneficiary if the plan renews, replaces or converts a plan made by the participant and the same […]
More than a third (38 per cent) of U.S. employees say benefits are the No. 1 reason they’ve stayed with their current employer, followed by pay (35 per cent) and job security (24 per cent), according to a new survey by Grant Thornton International. The survey, which polled more than 5,000 full-time employees, also found three-quarters (74 […]
Facebook parent company Meta Platforms Inc. is asking office-based employees to come in three times a week beginning in September. The move is part of the company’s broader push to work more efficiently, said an employee familiar with the matter and who asked not to be named, according to a report by Bloomberg. Employees who […]
Two-thirds (67 per cent) of North American men say they earn $55,000 or more, compared to just 39 per cent of women, according to a new survey by the Robert Walters Group. The survey, which polled more than 6,000 employees, found 44 per cent of non-binary employees reported feeling underpaid, followed by 40 per cent […]
Roughly half of U.S. employees say rising costs (49 per cent) and recent financial crises (46 per cent) have caused them to reduce or stop their retirement savings, according to a new survey by Allianz Life Insurance Co. of North America. The survey, which polled more than 1,000 employees, found more than half (56 per […]
The Healthcare of Ontario Pension Plan is recognizing the property managers of nine Canadian buildings among the winners of its Leadership in Environmental Advancement Program awards. The LEAP awards, which were launched in 2011, recognize property managers of buildings in the pension organization’s property portfolio for efforts related to energy conservation and greenhouse gas emission […]
The Caisse de dépôt et placement du Québec is appointing Yana Watson Kakar as managing director and head of Americas. In the new role, she’ll be a part of the investment organization’s global management team, contributing to its global strategy and implementation, the development of key relationships across the public, private and civil sectors and the […]
Just half (50 per cent) of employees say they’re able to completely disconnect from work while on vacation, according to a new survey by the Harris Poll and Ceridian HCM Inc. The survey, which polled more than 600 employees — including more than 300 who work remotely in some capacity — found 45 per cent said they […]