she-cession – Benefits Canada.com

How will another term for the Liberals impact employers, workers?

lbailey — Thu, 23 Sep 2021 13:00:52 +0000

A third term for Prime Minister Justin Trudeau means some significant promises with the potential to impact employers and employees may soon become reality. During its campaign, the Liberal Party pledged to support workplace coronavirus vaccination mandates, a national childcare program, expanded public mental-health offerings and a right-to-disconnect policy. On vaccination mandates, the Liberals promised […]

The post How will another term for the Liberals impact employers, workers? appeared first on Benefits Canada.com.

Women in Canada’s benefits, pension industries discuss gender equity, reversing pandemic-fueled ‘she-cession’

lbailey — Fri, 17 Sep 2021 12:55:03 +0000

Early in Shannan Corey’s pension career, many of the boards she worked with were dominated by men over the age of 50. Corey, now executive director of the Saskatchewan Pension Plan, recalls one particular board meeting she attended when her company’s actuary, also male, wasn’t able to attend. “I was in my 30s and still […]

The post Women in Canada’s benefits, pension industries discuss gender equity, reversing pandemic-fueled ‘she-cession’ appeared first on Benefits Canada.com.

How can pension plan sponsors help women hit their retirement readiness stride?

mdunne — Fri, 17 Sep 2021 12:54:45 +0000

Preparing financially for retirement is a marathon filled with many obstacles along the way to a constantly shifting finish line. Even in 2021, female employees tend to have more obstacles and subsequently lag well behind their male counterparts when it comes to retirement savings. Women retire 30 per cent less wealthy than men, according to […]

The post How can pension plan sponsors help women hit their retirement readiness stride? appeared first on Benefits Canada.com.

L’Oréal Canada using onsite daycare to support working parents, essential staff

mdunne — Fri, 13 Aug 2021 12:58:57 +0000

Mélanie Perreault knows firsthand how hard it can be for employees to juggle raising children while simultaneously building a career. The onsite daycare at L’Oréal Canada’s distribution centre in Saint-Laurent, Que. has been key to balancing these priorities for the beauty company’s director of management and development of human resources, operations, information technology, sourcing and […]

The post L’Oréal Canada using onsite daycare to support working parents, essential staff appeared first on Benefits Canada.com.

National childcare program ‘first step’ in getting women back to work: expert

lbailey — Fri, 23 Apr 2021 13:00:42 +0000

Amid mounting pressure from both the public and private sectors for an action plan that provides affordable childcare for Canadian working parents, on Monday, the federal government unveiled its 2021 budget proposal for a national community-based childcare system. Once partisan policy, many business and union leaders have been aligned on the issue of affordable childcare in […]

The post National childcare program ‘first step’ in getting women back to work: expert appeared first on Benefits Canada.com.

Scotiabank CEO calling on feds to increase childcare spending

bwolfe — Wed, 14 Apr 2021 13:00:04 +0000

The head of the Bank of Nova Scotia is urging Ottawa to top up the annual Canada Child Benefit and increase childcare expense deductions, ahead of the federal budget announcement slated for April 19. During the bank’s annual general meeting on April 13, Brian Porter, chief executive officer of Scotiabank, said he wants the benefit […]

The post Scotiabank CEO calling on feds to increase childcare spending appeared first on Benefits Canada.com.

Feds must quickly build national childcare system on existing format: report

bwolfe — Thu, 01 Apr 2021 19:00:14 +0000

The federal government should embrace “aggressive incrementalism” on their promised path toward a national childcare system and quickly build on what’s already there rather than push wholesale change, according to a new report by the C.D. Howe Institute. The report suggests that trying to revamp how childcare is delivered in Canada by moving responsibility to […]

The post Feds must quickly build national childcare system on existing format: report appeared first on Benefits Canada.com.

Working moms reporting more mental-health issues as pandemic drags on: survey

bwolfe — Wed, 17 Mar 2021 05:00:51 +0000

Canadian working mothers are reporting increased mental-health concerns one year into the coronavirus pandemic, according to a new survey by The Prosperity Project and CIBC. The survey found more than half of working mothers felt stressed, while 47 per cent felt anxious and 43 per cent felt depressed. Working mothers worried about their children’s safety […]

The post Working moms reporting more mental-health issues as pandemic drags on: survey appeared first on Benefits Canada.com.

Women retiring two years later, with 30% less wealth, than men: report

lbailey — Wed, 10 Mar 2021 13:37:39 +0000

Although women must work two years longer than men to be retirement ready, they still retire with 30 per cent less wealth than their male counterparts, according to a Mercer Canada retirement readiness report. The report found women enter retirement with lower retirement savings than men and they also must work longer to achieve retirement […]

The post Women retiring two years later, with 30% less wealth, than men: report appeared first on Benefits Canada.com.

Liberals considering national childcare program to combat ‘she-cession’

lbailey — Tue, 09 Mar 2021 11:00:01 +0000

The Liberal Party is considering a major spend to build a national childcare system as an economic measure to help more women return to the workforce. The idea has garnered backing from business groups and was recommended by the House of Commons finance committee in its pre-budget report. Employment among women remains about 5.3 per […]

The post Liberals considering national childcare program to combat ‘she-cession’ appeared first on Benefits Canada.com.