The Empowered Employee
Canadian workers are calling for a new kind of total compensation deal, one marked by greater flexibility and accommodation. This isn’t simply a Gen-Z phenomenon.
According to a People Corporation-sponsored study conducted in 2023, 88 per cent of working Canadians say that the pandemic changed the way they work. Thirty-seven per cent are more conscious of work-life balance. Eighty-two per cent say that programs that accommodate flexible work schedules, sabbaticals and other non-traditional work arrangements would make them more likely to work for their employer. Seventy-nine per cent said the same about discount/perk programs to help employees save money on day-to-day expenses. Seventy-eight per cent said the same about savings plans to help employees save for short-term financial needs.
This session will discuss the evolving expectations of Canadian workers, and what it now means to be an employer of choice. There’s reason for optimism. Group benefit and savings plan sponsors have an opportunity to gain an advantage in the war for talent with creative plan design.