A quarter (26 per cent) of Canadians say work factors are their primary sources of stress, according to LifeWorks Inc.’s latest mental-health index. Among this group, the leading sources of stress were volume of work (25 per cent), performance demands (14 per cent) and lack of support (12 per cent). Three-quarters (74 per cent) of all […]
The Public Sector Pension Investment Board is appointing Deborah Orida as president and chief executive officer, effective Sept. 1. Most recently, Orida was senior managing director, global head of real assets and chief sustainability officer at the Canada Pension Plan Investment Board. Read: CPPIB taps Deborah Orida as chief sustainability officer Orida will succeed Neil Cunningham […]
Global employee engagement is decreasing amid turbulent world events, such as the ongoing coronavirus pandemic, falling to 61 per cent in the first quarter of 2022, according to a new survey by Kincentric. The survey, which polled 12 million employees in 125 countries, found in the last two years, employee engagement peaked at 73 per […]
The Public Sector Pension Investment Board is selling a portion of its stake in a talent agency expanding into the marketing advisory sector. Controlling interest in the United Talent Agency Inc., which represents film and television actors, musicians, athletes and podcasters, will pass to the EQT Group’s private equity fund. A portion of the equity […]
Nearly two-thirds (63 per cent) of employees say their current benefits package makes them at least somewhat more likely to remain with their employer, according to a new survey by LIMRA. It found 61 per cent of employees who receive more than six benefits reported being satisfied with their benefits package, whereas only a third […]
Black, Latinx and Asian American-Pacific Islander employees feel less comfortable engaging in mental-health conversations in the workplace than their white colleagues, according to a new survey by the Hartford Financial Services Group Inc. and the National Alliance on Mental Illness. The survey, which polled more than 2,300 U.S. workers, found 48 per cent of white employees are […]
The percentage of Canadians participating in an employer-sponsored pension plan continues to rise, with roughly 6.6 million plan members in 2020, up 57,000 from 2019, according to a new report from Statistics Canada. It found more than 4.4 million Canadians were covered by a defined benefit pension plan in 2020, up 1.7 per cent from 2019, noting the majority (72 […]
The European Central Bank is expected to raise interest rates for the first time since 2011. In a statement, the bank said it plans to raise interest rates by 25 points on July 21, from negative 0.5 per cent to negative 0.25 per cent. The decision comes in response to inflationary pressures, which hit 8.1 […]
The Alberta Investment Management Corp. is part of a joint venture acquiring a portfolio of U.K.-based residential apartment assets under construction. In a deal reached with Angelo, Gordon and Co., the joint venture, which also includes Ridgeback Capital Management, will secure five under-construction apartment complex properties. The portfolio includes properties in Birmingham, Cardiff and Sheffield, […]
Cigna is focusing on ‘purposeful presence’ in its return-to-work strategy, amid the ‘Great Resignation’ and employees increasingly choosing roles that align with their values. The strategy stems from the company’s core belief that performance is based on outcomes instead of physical presence, according to a press release, which noted the approach is applied to all […]