More than half (55 per cent) of Canadian employees say their employer-sponsored health benefits don’t fully meet their needs and two-fifths (42 per cent) say a lack of timely access to their health-care provider may be negatively impacting their health, according to Telus Health’s latest mental-health index. The survey, which polled 3,000 employees, found the […] The post 55% of Canadian workers say employer-sponsored health benefits don’t meet their needs: survey appeared first on Benefits Canada.com ..read more

While menopause impacts more than half of the workforce, there’s a critical lack of support in the workplace for women employees experiencing health issues related to menopause, according to a new report by McLean & Co. Menopause is a natural stage of life with symptoms that can vary greatly, including emotional symptoms like anxiety and […] The post Report finds critical lack of workplace support for menopausal employees appeared first on Benefits Canada.com ..read more

The Canada Pension Plan Investment Board is selling 2.78 per cent of its stake in India-based supply chain and logistics operator Delhivery Ltd. The total value of the deal is roughly $110 million. Following the transaction, the CPPIB still holds a 3.18 per cent stake in the firm. The transaction also appeared in block deal […] The post CPPIB sells 2.78% stake in India logistics firm appeared first on Benefits Canada.com ..read more

A majority (90 per cent) of U.S. workers have “rage applied” for a new job in the last six months, according to a new survey by Bold Ltd. The survey, which polled more than 1,200 employees, found nearly nine in 10 (88 per cent) said they’ve experienced burnout, with roughly a quarter noting they think about quitting their job every […] The post 90% of U.S. workers have ‘rage applied’ for a job in the last 6 months: survey appeared first on Benefits Canada.com ..read more

As more insurers turn to preferred pharmacy networks to decrease costs, their efforts are being met with some resistance by plan members who may be finding it difficult and inconvenient to switch pharmacy providers. In January, Manulife Financial Corp.’s move to a preferred pharmacy network with Loblaw Cos. Ltd.’s Shoppers Drug Mart was met with […] The post More private payers seeking to reduce costs turning to preferred pharmacy networks: expert appeared first on Benefits Canada.com ..read more

The funded ratio of U.S. corporate defined benefit pension plans declined to 98.5 per cent in fiscal 2023 from 99.4 per cent in 2022, according to a new report by Milliman Inc. The report, which reviews the financial disclosures of the 100 largest U.S. public corporate DB plans, found their average return on investments was […] The post Funded ratio of 100 largest U.S. corporate DB pension plans declines to 98.4% in fiscal 2023: report appeared first on Benefits Canada.com ..read more

Two-fifths (40 per cent) of U.S. workers with employer-provided health benefits reported delaying care due to cost, which negatively impacted their mental health, workplace culture and productivity, according to a new survey by research group Nonfiction on behalf of health-care provider Paytient. The survey, which polled more than 1,500 U.S. workers with health insurance through […] The post 40% of U.S. workers with employer-provided health benefits delayed care due to costs: survey appeared first on Benefits Canada.com ..read more

Even though it has been two years since the U.S. Federal Reserve started rapidly hiking interest rates, hedge fund managers aren’t more likely to have a hurdle rate in place now than they were during the zero interest-rate policy era. Yet institutional investors are pushing for change. There’s a strong carry component to many hedge […] The post Expert panel: Have hedge funds budged on hurdle rates? appeared first on Benefits Canada.com ..read more

Hundreds of Albertans turned out for a meeting in Edmonton last week to hear officials from the Canada Pension Plan Investment Board discuss the state of the national retirement plan, while acknowledging Alberta’s ongoing discussion about leaving it, according to reporting by the Edmonton Journal. The meeting attracted a crowd of about 400 people, during […] The post Public meeting in Edmonton attracts hundreds amid talk of province’s CPP withdrawal appeared first on Benefits Canada.com ..read more

Is your organization leading the way in transforming policies and programs to meet the evolving needs of employees? Are you stepping up your financial wellness initiatives to help employees through today’s difficult economic reality? Are you going the extra mile to support your employees’ mental health or implementing an award-worthy diversity, equity and inclusion strategy? […] The post 2024 Workplace Benefits Awards now open for entries appeared first on Benefits Canada.com ..read more