More than one-fifth (22 per cent) of Canadian companies say they’ll adjust the pay of remote workers who move to a different location, according to a recent survey. Staffing firm Robert Half Canada Inc. surveyed 500 employees and 180 human resources managers. The survey found 44 per cent of staff said they’d consider relocating, but […]
As a new decade revs up, is it time for capital accumulation plan sponsors to revisit the investment vehicles they offer? According to a recent whitepaper from Sun Life Global Investments, the aggregate capital in defined contribution plans in their largest markets — Australia, Canada, Japan, the Netherlands, Switzerland, the U.K. and the U.S. — […]
Canadian businesses are grappling with how they’ll handle the vaccination of staff, and for some that means allowing workers to get the shot on company time. At least 35 tech companies in the country, including SkipTheDishes, Borrowell and FreshBooks, signed a pledge Friday from the Council of Canadian Innovators vowing to let their staff slip […]
While the rollout of vaccines has the world cautiously optimistic about an economic recovery, a Scotiabank survey shows the coronavirus pandemic has Canadians concerned about their retirement future. According to the survey, 72 per cent of Canadians said they’re worried they’re not saving enough for retirement, while one-third (32 per cent) said they won’t be able to […]
Environmental, social and governance factors are continuing to influence company strategy, financing and operating environments in 2021, according to a new report by Fitch Ratings Inc. It found financial institutions will likely continue to enhance ESG due diligence and exclusionary policies to cover a broader set of ESG issues and entities, as the quality and […]
With President-elect Joe Biden officially becoming the 46th U.S. president today, institutional investors are preparing for a return to traditional governance and increased market stability. While markets don’t often respond favourably to a change in administration, the return to “normality and transparency” in Biden’s policy and governing style will act as a counterbalance, says Matthew […]
Walmart Canada Corp. is partnering with Thrive Global’s employee well-being program. The program will offer behaviour-change resources and solutions to Walmart Canada’s 100,000 employees, ranging from frontline store associates and associates to C-suite executives and senior management leaders. Read: Walmart Canada rolls out free virtual health care to all staff The Huffington Post co-founder, Ariana Huffington, created Thrive Global to equip […]
Confusion as to what constitutes family status discrimination in Canada continues to vex employers. “The Supreme Court of Canada had an opportunity to create a uniform test across the country in 2019 but chose not to hear the case,” says Gary Clarke, the Calgary and Vancouver-based national co-head of Stikeman Elliott LLP’s employment and labour group. […]
Ontario Premier Doug Ford is continuing to feel heat from opposition politicians calling for the provincial government to reinstate paid sick days on the heels of a new lockdown aimed at flattening the coronavirus pandemic’s second wave. While the federal government currently offers paid sick leave via its Canada Recovery Sickness Benefit program, critics argue […]
Employees of a U.S.-based chain of discount stores will get four hours of regular pay after they’ve received the coronavirus vaccination. Dollar General Corp. is giving frontline, hourly team members the one-time payment to compensate them for the time taken away from the store to get vaccinated. Meanwhile, salaried team members will get additional store labour hours to […]