The gender wage gap in Canada continues to persist, with women earning 23 per cent less in total income than men in 2020, according to a report by ADP Canada Co. Surveyed Canadian working men were significantly more likely to make more than $80,000 in pre-tax salary, while working women were more likely to make between […]
Ahead of International Women’s Day next week, the European Union Commission announced it’s imposing new rules to make pay levels public in order to make it easier for women to challenge wage imbalances and close the gender pay gap. “For equal pay, you need transparency. Women must know whether their employers treat them fairly,” says […]
A series of legislative changes to Canada’s labour code aiming to make workplaces healthier, safer and fairer took effect as of Jan. 1, 2021. The changes include new pay transparency regulations for federally regulated, private sector employers with 100 or more employees. According to a press release, the move makes Canada the first country to […]
The federal government is introducing new pay transparency regulations for federally regulated, private sector employers with 100 or more employees. The legislative amendment to the Equity Act, which will take effect on Jan. 1, 2021, aims to help address equality and inclusion issues in the workplace. With the move, Canada will be the first country to make wage […]
In recent years, investing with a gender lens has become far more popular among institutional investors. “Part of it is awareness and part of it is some of the performance,” said Jackie VanderBrug, managing director and head of sustainable and impact investment strategy at Bank of America Corp., during a webinar hosted by the Forum for […]
Women are in a worse position than men when it comes to pension savings, thanks to several systemic factors. So how can plan sponsors bridge the gender pension gap and help women prepare for retirement? The gender pension gap continues to be a real and pressing issue. Globally, the World Economic Forum estimates that women’s […]
Around International Women’s Day, many Canadian employers are once again talking about the importance of equality in the workplace. However, a new survey by Mercer, which polled senior leaders, human resources executives and employees around the globe, found there are many areas where companies could be doing more to make work more equitable for all. It found slightly more […]
A substantial wage gap between men and women continues to exist in Canada, according to a new study commissioned by ADP Canada Co. Based on self-reported numbers, the study found women earned an average pre-tax salary of $51,352 in 2019, while men reported an average pre-tax salary of $67,704 — a gap of 24 per cent. […]
Although Canada has a wide range of federal and provincial legislation intended to ensure Canadians can benefit from the labour market equally, gender wage gaps continue to persist along gender and race lines, according to a new report by the C.D. Howe Institute. In good news, the gender wage gap, on an hourly basis, is starting to […]
Men and women will have pay equality in 257 years, according to a new report by the World Economic Forum. The estimate is 55 more years than the estimates from past reports. This year’s report found a two per cent increase in the number of women in senior roles, but noted that women’s participation in the […]