Should I stay or should I go? That’s the question employees are asking regarding their retirement, but they’re getting mixed answers from their employers. In a survey by MetLife Inc., half (55 per cent) of U.S. employers said they’d prefer older workers to retire to make room for the advancement of younger employees. The other 45 […]
Employers promote competition, interactive booths and benefits information to engage employees in their wellness offerings. “Someone lasted seven minutes,” says Stephanie Enright, the Mississauga, Ont. company’s director of talent management and administration. “Our employees really like the competitiveness, and these activities help draw people to the health fair.” Over the last decade, the organization’s health […]
CSA Group’s vice-president of total rewards talks mental health, well-being programs and travelling with her family. Q. What top challenges do you face in your role? A. We’re in 13 countries and we have some global programs — our employee assistance program and business travel accident [insurance] — but then we also have to develop […]
Canadian workers don’t think they’ll have enough savings for their retirement, according to two new surveys. While 68 per cent of respondents said they’re currently saving for retirement, 70 per cent are worried they aren’t saving enough, according to a Scotiabank survey. Of the 32 per cent who aren’t saving for retirement, almost half (45 per […]
More than three-quarters (76 per cent) of Canadians said the support offered by their employer around mental health is critical to how they view their workplace, according to a new survey by Morneau Shepell Ltd. Speaking at Morneau Shepell’s annual mental-health summit in Toronto on Wednesday, Paula Allen, the organization’s senior vice-president of research, analytics and […]
As holiday bills come due, resolutions to save more are forgotten and Blue Monday — touted as the most depressing day of the year — arrives, new research has found financial wellness among working Canadians is about more than just the size of their paycheque. The survey, by the Canadian Payroll Association and the Western-Laurier […]
Financial well-being benefits are on the rise in North America, according to a new survey by WorldatWork. Among the companies surveyed, 70 per cent said they currently offer financial well-being benefits, more than half said they intend to expand these benefits and 35 per cent said they’ve increased spending in this area. “Financial benefits play a critical […]
Strong competition to attract and retain talent will drive employers to adopt holistic employee wellness strategies in 2020, according to the Workforce Institute at Kronos Inc.’s global workforce predictions for the year. “We have these war for talent issues going on everywhere,” says Joyce Maroney, executive director at the Workforce Institute. “One of the ways […]
More than half (56 per cent) of people in the world’s 10 fastest growing economies have retirement goals at roughly twice the size of what they’re actually likely to have accumulated by age 60, according to a new report by multinational financial services company Standard Chartered. In the top 10 fastest growing economies — which include China, […]
In November 2018, Niagara Casinos set up a pop-up coffee shop, called NC Café, across its three locations for a week. It was part of the company’s annual pension communications strategy, which also includes messaging on the employee intranet, seminars, targeted mailings and plan updates on fee reductions, contribution increases or investment fund changes. “This […]