While many employees say they’re open to using employer-provided financial wellness assistance, some are hesitant, citing lack of trust and a need for employers to be transparent, according to a new study by the U.S.-based Defined Contribution Institutional Investment Association. The DCIIA’s Retirement Research Center, which conducted focus groups that explored low- and moderate-income workers’ […]
Arthur J. Gallagher & Co. is acquiring Montreal-based compensation consultancy PCI-Perrault Consulting Inc. PCI advises organizations in the design and integration of their compensation and business strategies. According to a press release, the company will continue to operate from its current location under the direction of Melanie Jeannotte, chief executive officer of Gallagher’s benefits and human resources consulting division […]
The majority (75 per cent) of Canadians believe it’s a priority for their employers to address mental-health problems in the workplace, according to a new survey by software company Capterra. However, among Canadian small- and medium-sized employers, only 39 per cent said they offer mental-health services to their employees, such as flexible scheduling and wellness […]
Assets under management by private infrastructure investors are forecast to reach a record $1.19 trillion in 2022, according to a new report by Boston Consulting Group and EDHECinfra. Interest in the asset class is being fuelled by significant increases in government infrastructure spending in China, the European Union and the U.S. A few areas are […]
More than half (55 per cent) of Canadians employers say they want their employees to work onsite full time as coronavirus pandemic restrictions ease, according to a new survey by Robert Half. The survey, which polled more than 800 senior managers, found 44 per cent said they support long-term hybrid schedules and employees’ ability to […]
Zillennial employees’ needs are going beyond traditional benefits to include a greater interest in an employer’s stance on environmental and ethical issues (45 per cent), as well as diversity, equity and inclusion (40 per cent), according to a new survey by MetLife Inc. The survey, which defined zillennials as a micro-generation born between 1993 and […]
Compared to their global peers, Canada’s asset managers are more confident in their organizations’ data analysis abilities and less confident in their data management platforms, according to a new report by BNY Mellon Asset Management Canada Ltd. The report, based on the results of a survey of 200 asset managers across the globe, found almost […]
The Association of Canadian Pension Management is calling on Prince Edward Island’s pension regulator to amend the Employment Standards Act to facilitate auto-enrolment and auto-escalation features in workplace pension and savings plans. The current legislation includes language that would prohibit pension plan administrators from introducing automatic features in workplace plans, including capital accumulation plans such […]
As the coronavirus pandemic continues, a third (30 per cent) of Canadians have altered their career goals, with workers aged 40 and younger more likely to report their goals have changed, according to LifeWorks Inc.’s latest mental-health index. In addition, the survey, which polled 3,000 working Canadians, found that, although more than two-thirds (68 per cent) […]
While a majority (75 per cent) of Canadians are making their financial wellness a priority in 2022, only 52 per cent expressed confidence about the retirement plan they have in place and fewer (43 per cent) were confident they’re saving enough to retire how and when they want, according to a new survey by the Canadian […]