Employee turnover is taking a significant financial toll on Canadian companies, with nearly one in five (17 per cent) hiring managers saying it costs their organization more than $100,000 annually, according to a new survey by the Harris Poll on behalf of Express Services Inc. The survey, which polled more than 500 employers, found the […]
Every June, rainbows pop up across corporate Canada — it’s a sign that Pride Month is in full swing. But when the calendar flips to July, many of those gestures quietly and abruptly disappear, prompting employees to ask: Was that a meaningful commitment or just another seasonal marketing moment? “The purpose of Pride or Mental […]
Scotiabank is bringing many of its corporate employees back to the office at least four days a week starting this September, reinforcing a post-pandemic push to rebuild in-person culture and collaboration. According to a report by Bloomberg, the change was outlined in an internal memo sent last week to Canadian banking employees in the Greater […]
Following its win in the Future of Work Strategy category at the 2024 Workplace Benefits Awards, TMX Group Ltd. is advancing its hybrid-first approach with a continued focus on flexibility, inclusion and employee well-being. The organization was recognized for its data-driven approach, shaped by a year-long pilot that analyzed employee feedback, turnover, performance metrics and […]
After receiving the 2024 Workplace Benefits Award in the Drug/Benefits Plan Innovation category, Admiral Insurance is strengthening its commitment to employee well-being with a comprehensive and evolving approach to workplace wellness. The insurance company was recognized for its inclusive, flexible and highly valued wellness program that adapts to meet the changing needs of its workforce. “Winning the award […]
For employers that are designing a financial wellness program, it’s important to provide a user-friendly, educational, and flexible offering that reflects the diversity of employees’ life stages, says Diana McLachlan, chief people officer at Wealthsimple. “Financial security is at the core of people’s lives, and when companies recognize that and invest in it meaningfully, it […]
For more than six million working Canadians, caregiving isn’t just part of life — it’s part of the workday. Yet despite juggling these responsibilities, most employees receive little to no formal support from their employers. That’s more than a third (35 per cent) of the workforce, according to a new report from the Canadian Centre […]