People rely on their employer-sponsored benefits plans for services they might not otherwise have access to. For example, 62% of Canadians with life insurance have a policy through their employer. Among those, more than half rely only on this coverage (PolicyMe,...
When an employee or dependent is facing a mental health challenge, the journey to treatment can be confusing. It can also be frustrating, as employees may submit claims for “counsellors” who are not eligible for coverage. In a nutshell, core benefits plans (not...
With attrition levels well above the norm in many sectors, total rewards are coming into their own. “Three to five years ago, total rewards still meant compensation for most people, maybe with a couple of bells and whistles attached. Today, total rewards include...
Has the war for talent ushered in a golden era for health benefits plans and wellness programs? The 25th annual Benefits Canada Healthcare Survey appears to suggest that. While “golden” may be too strong a word, given competing pressures for sustainability, today’s...
Across Canada, investors want to use the power of their savings by choosing investments that not only have strong returns but also help make a positive difference in society. ESG (environment, social, governance)-focused or sustainable investing is one way to do that....
As pandemic restrictions ease globally and employees start travelling again, it’s important for employers to make sure they’re protecting business travellers and reminding all travellers to build flexibility into their arrangements. “Canadians underestimate the cost...
