Younger generations are more likely to expect their employers to provide training and development programs, according to a new survey by getAbstract. Almost all (93 per cent) survey respondents across generational cohorts said it was at least somewhat important for employers to provide these opportunities. But 84 per cent of generation Z employees and 74 […]
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 […]
Two-thirds (65 per cent) of Canadian millennials said they worry if they buy a home and delay their savings, they won’t have enough for retirement, according to a new survey by KPMG. However, among millennial survey respondents who do own a home, 42 per cent said they’re putting their retirement savings on hold to pay […]
As social media becomes increasingly pervasive, employers should consider adding the tool to their communications arsenal. Indeed, David McArthur, principal and creative director at Morello Communications Inc., says it’s too big a phenomenon for plan sponsors to ignore. “It’s something we’re certainly seeing a lot more of,” notes Cameron McNeill, senior vice-president and Canadian business […]
Millennials appear to understand how to use fixed income as part of investing for retirement better than older generations, according to a new survey by BNY Mellon Investment Management. The survey, which polled more than 2,000 American adults about the appropriate time to add fixed income to an investment portfolio, found 45 per cent of baby […]
The recent federal election highlighted interest in climate change, as well as the potential impacts on communities and the population, with the issue No. 1 or 2 in priority for most voters. Climate change is one of a broader set of environmental, social and governance issues percolating through the investment world right now. ESG, or […]
With cohorts in the workforce behaving differently as they prepare for retirement, it’s important for plan sponsors to consider these differences along gender and generational lines. At Benefits Canada’s 2019 Defined Contribution Investment Forum in Toronto on Sept. 27, Jean Young, senior research associate at the Vanguard Center for Investor Research, shared a survey that […]
As of 2018, there was one Canadian worker over the age of 55 for every worker between the ages of 25 and 34, according to a new report by Statistics Canada. This ratio is down significantly from 1996, when there were 2.7 workers between the ages of 25 and 34 for every worker aged 55 and […]
A third of generation Z measure success by manager recognition and colleague support, according to a new survey by the Workforce Institute at Kronos Inc. The survey, which polled 3,400 members of gen Z (those aged 16 to 25) from 12 countries on their employment preferences, also found the newest generation to enter the workforce values traditional markers of […]
More than four out of five (83 per cent) Canadian workers are satisfied with their work, according to a study on the Canadian workplace by office supplies, technology products and furniture distributors Novexco Inc. The majority (90 per cent) of employee respondents said they’re very engaged, 81 per cent are motivated by their job and 75 per […]