Just over half (55 per cent) of Canadians said flexible or hybrid work arrangements are more important to them than career progression (24 per cent), while 21 per cent said neither were of value, according to LifeWorks Inc.’s latest mental-health index. The survey, which polled 3,000 working Canadians, found the overall mental-health score for January […]
A pair of stories on employee burnout and the ‘Great Resignation’ took the top spots over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. Expert panel: How employers can help employees struggling with burnout 2. How can employers turn the ‘Great Resignation’ tide? 3. Employers expanding equity compensation programs to […]
The Canada Pension Plan Investment Board is entering a joint venture to develop multifamily residential communities in high-growth metropolitan areas of the U.S. The institutional investor has allocated US$979 million for a 96 per cent share in the venture. Its partner, LMC, a real estate management business and wholly owned subsidiary of Lennar Corp., will be […]
The California Public Employees’ Pension Retirement System is appointing Nicole Musicco as its new chief investment officer, effective March 28. She joins the CalPERS from RedBird Capital Partners, where she led the firm’s Canadian investment business. Previously, she managed the private markets investment program at the Investment Management Corp. of Ontario. She also spent 16 years […]
A consortium including several of Canada’s largest institutional investors is acquiring an Australian energy network. The Alberta Investment Management Corp., the Healthcare of Ontario Pension Plan, the Investment Management Corp. of Ontario and the Public Sector Pension Investment Board have joined a consortium acquiring AusNet Services Ltd. The company, which has infrastructure assets worth about […]
While 68 per cent of employers said they’ve enhanced their well-being value proposition as a result of the coronavirus pandemic, only 51 per cent of employees believe their employer is focused on supporting their total well-being, according to a new survey by Buck. The survey, which polled nearly 700 U.S. employees and more than 200 […]
The Canadian Association of Pension Supervisory Authorities is establishing a new committee with a mandate to develop a risk management guideline for pension plans. The committee has been established in response to the International Monetary Fund’s call to regulators to strengthen their oversight of large pension plans and gain a greater understanding of vulnerabilities in […]
A story on KPMG in Canada helping staff refresh and recharge by making every weekend a long weekend this summer took the top spot over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. KPMG is turning every weekend into a long weekend for employees this summer 2. University Pension Plan […]
Nearly a third (31 per cent) of employees believe flexible hours and more sick days are the support tools they need most from employers as they endure the ongoing coronavirus pandemic, according to a survey by Pollara Strategic Insights in partnership with Canadian Imperial Bank of Commerce, Enterprise Canada and Prosperity Project. The survey, which […]
Almost half (46 per cent) of employers say their organizations currently lack clear benefits, recognition and rewards strategies, according to a new survey by Arthur J. Gallagher & Co. The survey — which polled more than 1,300 employers globally, including almost 600 in North America and around 100 in Canada — found, while 54 per cent said they […]