Generation Z – Benefits Canada.com

Expert panel: How to get, keep top talent amid labour crunch

mdunne — Tue, 30 Nov 2021 14:00:17 +0000

For months, Canadian employers have been creaking under the strain of a labour crunch. Finding top talent has always been one of leaders’ most pressing issues and there has often been a shortage of talent for key roles. In addition, Canada — as a whole, in my opinion — has never fully unlocked the skills […]

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Expert panel: Six ways to incorporate green initiatives into benefits offerings

mdunne — Tue, 02 Nov 2021 13:00:39 +0000

The Council of Parties to the United Nations’ climate convention, known as COP26, which is currently underway in Glasgow has put climate change on the global stage and top of mind for many employers and employees. There are many elements an employer can take into consideration when crafting a benefits strategy — competitiveness in the […]

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Employers raising wages, offering bonuses amid labour shortages: surveys

bwolfe — Wed, 29 Sep 2021 19:00:45 +0000

Canadian employers are using bonuses to attract and retain employees in a difficult labour market, according to a new survey by Mercer. Half (50 per cent) of respondents said they’re providing sign-on bonuses for select new non-executive hires. And while 55 per cent aren’t offering retention bonuses, 35 per cent said they’re being provided for […]

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Pandemic changing ‘must have’ perks for U.S. millennial managers: survey

mdunne — Fri, 24 Sep 2021 19:00:36 +0000

The coronavirus pandemic is changing what perks millennial managers consider “must haves,” according to a new survey by MetLife Inc. It found millennial managers (ages 26 to 40) are significantly more likely to describe pet insurance (up 58 per cent), legal services (up 50 per cent) and financial planning tools (up 40 per cent) as “must […]

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68% of Canadians making retirement a financial goal: survey

lbailey — Fri, 10 Sep 2021 13:00:26 +0000

Almost two-thirds (63 per cent) of Canadians cited retirement as a financial goal compared to last quarter (58 per cent), according to a quarterly survey by Ipsos for the Bank of Montreal. The survey, which polled more than 3,000 adults aged 18 and older, found 67 per cent of respondents said they’re continuing to set […]

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Canadian employees opting for hybrid work, thriving less than global peers: survey

bwolfe — Wed, 21 Jul 2021 13:00:16 +0000

Nearly two-thirds (61 per cent) of Canadian employees said they prefer a hybrid or remote working arrangement, according to a new survey by Accenture. It found 37 per cent of Canadian respondents said they feel they can be productive and healthy primarily while working remotely, while another 41 per cent said they can be productive […]

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Age shaping Canadians’ opinions of remote working: survey

bwolfe — Wed, 09 Jun 2021 19:00:31 +0000

Canadian employees’ remote working experiences vary across different generations, according to a new survey by Angus Reid on behalf of ADP Inc. It found while 44 per cent of respondents said they work longer compared to pre-coronavirus pandemic times, 48 per cent of millennials and just 31 per cent of generation Z are clocking extra […]

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Canadians becoming more optimistic about finances, retirement savings: survey

bwolfe — Wed, 19 May 2021 19:00:10 +0000

Canadians are becoming more confident about their financial situations and are setting more personal financial goals, according to a new survey by BMO Financial Group. It found 37 per cent of survey respondents said they believe their finances have improved recently, with Montreal residents the most likely to express financial optimism (42 per cent), ahead […]

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61% of Canadian employers worrying about employee retention amid pandemic: survey

lbailey — Tue, 04 May 2021 13:00:26 +0000

Almost half (49 per cent) of Canadian employers said they’ve put promotions on hold due to the coronavirus pandemic and, as a result, 61 per cent are worried about staff retention, according to a survey by Robert Half Canada Inc. The drop in promotions hasn’t gone unnoticed by some employees, as a separate poll from […]

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Six employees discuss their personal roads to retirement

ANNA CAMPION — Fri, 19 Mar 2021 04:57:15 +0000

While 65 has long been considered the traditional retirement age, younger employees face the possibility of working longer. Plan sponsors can learn much from the unique financial journeys taken by different generations toward their eventual golden years. A 2019 Scotiabank investment poll revealed that 68 per cent of Canadians are currently saving for retirement, but […]

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