February 18, 2014
Research conducted by Sun Life Financial revealed that in 2009, 64% of plan members and 44% of plan sponsors in Canada felt that the enrolment process for employee benefits was not warm and welcoming.
Most employers spend a significant amount of time and effort creating a positive experience for new hires. However, group life, health benefits and pension plans are not top of mind for new employees that are usually focused on meeting new...
February 03, 2014
Since 2009, Canadian workplace stress levels have doubled while financial stress levels tripled according to a 2013 Morneau study that was conducted with Queen’s University. The study revealed that mental health issuse made up one out of four inquiries to a company's employee assistance programs.
Bill Morneua, Executive Chairman of Morneua Shepell, believes that employers should pay attention to how mental health...
January 17, 2014
According to the Hays 2014 Compensation, Benefits, Recruitment and Retention Guide, close to 20% of a candidate’s decision to accept a job offer is based on the benefits being offered. The results demonstrate the importance of benefits in a company’s recruitment and retention strategy.
The Hays report states, "we have seen an upturn in the perception of the importance of additional incentive-type benefits to help make overall benefits...
January 15, 2014
The results of a recent RAND Corp. study reveal that workplace wellness programs lower healthcare costs for workers with chronic diseases. However, the portion aimed at supporting workers in adopting healthier lifestyles may not lower costs or lead to savings.
The study's findings are based on an employee wellness program offered by PepsiCo over a seven year period. Researchers found that the portion of the program...
December 04, 2013
Burnaby, BC, December 3, 2013 – Hub International Limited, a leading global insurance brokerage, is pleased to announce that Tina Osen, Chief Executive Officer, Hub International Insurance Brokers, Greater Vancouver operations, has been named to the list of the Women's Executive Network’s (WXN) 2013 Canada's Most Powerful Women: Top 100 Awards.
The awards will be presented Wednesday, December 4th at the Sheraton Centre Toronto during the Women’s...
November 28, 2013
Many employers who sponsor drug plans are having a tough time getting the associated costs under control, and some of the solutions can seem complicated and overwhelming. The world of prescriptions drugs is certainly complex, with new drugs constantly entering the market while employees age and develop illnesses. Inaction is often the reaction of plan sponsors, but tackling the costs associated with drug plans doesn't have to be a painful task,...