The national average retirement age is pegged at 62, but recent trends in labour force estimates reflect a growing shift to delayed retirement. This tide is not enough to dramatically lift the average, but clearly this trend is visible in certain white and grey sectors of the workforce. At the same time, employment rates for [...]
November is National Diabetes Awareness Month in Canada. Take the Risk Assessment - It's Worth it! Did you know that more than two million Canadians have diabetes and about a third don't even know it? 90% of those with Diabetes have Type 2 Diabetes. What is diabetes and what are the risks? Diabetes is a [...]
Top 4 findings (from the Manulife/Ipsos Reid Health & Wealth Wellness Study - 2014) Based on the theory that health is wealth, Manulife Financial conducted research with Ipsos Reid to help their clients connect the dots between workplace productivity, health and financial wellness. Below, they summarized the research into a few key findings: 1. Financially [...]
One of the most frequently asked questions by Plan Sponsors is the following. We have an employee who is on our health and dental benefits plan and is not actively at work, what is our obligation to this member? Unfortunately, when a plan sponsor asks this question, we know that it is too late as [...]
What benefits should be included in severance packages and how can an employer mitigate its costs? There are many factors to consider when terminating an employee – is it a layoff or for just cause, what are the statutory rules regarding proper notice or pay in lieu of notice? Also, what benefits should be included [...]
