Recognition of dedicated, long-term service is the most prevalent type of rewards and recognition program in place among Canadian employers. However, a Conference Board of Canada study published in June 2017 suggests that these programs may not appeal to younger generations who typically have shorter tenures. The Power of Appreciation: Rewards and Recognition Practices in Canadian Organizations summarizes the findings of a survey conducted between June and August 2016
The cost of medical care will continue to rise, according to Willis Towers Watson’s annual Global Medical Trends Survey for 2017, published in June 2017. The survey points out that while the trend has slowed in some countries, it is still mostly above inflation. It can be attributed to the overall cost of hospital and inpatient services, basic medical and outpatient services, provider and employee behavior, new medical technology,
Workers are getting better at balancing work and home life, according to a Robert Half Management Resources survey published in June 2017 that revealed that the majority of professionals (52 percent) believe their work-life balance has improved from three years ago. Employers and employees alike are emphasizing work-life balance, and managers contribute by giving their teams more freedom over where and when they work, if possible, and providing greater
Zurich’s International business (Zurich International) in August 2017 launched its Target Date Funds (TDFs) as part of the investment proposition available with the International Pension Plan (IPP), and International Corporate Investment Plan (ICIP). Zurich International claims it is the first financial services group to offer a US Dollar TDF solution in the International Pensions & Savings market. With their focus on simplicity, value for money and positive retirement outcomes