Sentences with phrase «cent of employers plan»

Based on Hays Canada research, 65 per cent of employers say business activity will increase, and approximately 40 per cent of employers plan to increase permanent headcount.

The employment picture is looking strong as 40 per cent of employers plan to increase their permanent headcount in 2014 and 60 per cent will hire on temporary and contract employees.

Not exact matches

NEARLY 40 per cent of employers across the nation plan to increase permanent staff numbers in the next three months, according to the latest Morgan & Banks Job Index.

In the 23rd Actuarial Report on the Canada Pension Plan (OCA, 2007), the Office of the Chief Actuary (OCA) certified that, in spite of the substantial increase in CPP benefit payments that would result from the retirement of the baby boom generation, the current legislated contribution rate of 9.9 per cent for employers and employees combined would be more than enough to pay for benefits through 2075.

Only a small minority (roughly 15 to 20 per cent) of middle - income Canadians retiring without an employer pension plan have saved anywhere near enough for retirement and the vast majority of these families with annual incomes of $ 50,000 or more will be hard pressed to save enough in their remaining period to retirement (less than 10 years) to avoid significant fall in income.

Many employer - sponsored 401 (k) plans match contributions up to a set percentage — for example, the employer may contribute 50 cents for each dollar you put in, up to 6 % of your salary.

As of 2019, non-Quebec employees and employers will contribute a matching 5.1 per cent to the national plan, followed by similar increases over the next four years — 2020 (5.25 per cent), 2021 (5.45 per cent), 2022 (5.7 per cent) and 2023 (5.95 per cent), as part of a gradual one per cent rise.

Canada Pension Plan (CPP) and Quebec Pension Plan (QPP) enhancements will come into effect next year, yet only 17 per cent of employers have taken action to prepare, according to an Aon survey.

Most of it would come from rolling back corporate subsidies and the George W. Bush tax cuts, taxing employer - based health benefits that exceed the average plan, and imposing a hefty (60 cents per gallon) gasoline tax.

That same study reported that over a third of Canadians believe the travel insurance offered through their credit card (37 per cent) or their employer benefits plan (37 per cent) is all that's required.

The previous government had planned to increase employer national insurance contributions by one per cent as part of its deficit reduction strategy (Alistair Darling, the then chancellor, has subsequently stated that he would have preferred to have increased VAT instead), and after taking office the coalition government only partially reversed this decision.

A similar poll of 100 HR directors working in the private sector revealed 21 per cent of employers across the UK fail to undertake succession planning.

Enhancement to CPP / QPP on earnings between 50 per cent and 100 per cent of the year's maximum pensionable earnings threshold, with the ability for employers to provide a comparable workplace retirement plan in lieu.

His job provides a basic 5 per cent contribution by his employer to his plan plus a variable match of contributions up to 4 per cent of gross income with a 50 per cent (2 per cent in this case) match.

For example, your employer may match your contributions to the QRP at a rate of fifty cents per dollar for the first 6 % that you contribute to the plan.

For example, Dick earns $ 50,000 and Jane earns $ 30,000, and their employers match fifty cents on the dollar for the first 6 %, the first step is to contribute that 6 % to each of their plans.

About 40 percent of employers that offer a retirement plan have a fixed match of 50 cents per $ 1 up to a specified percentage of pay, usually 6 percent.

Meanwhile, that confident minority of 25 per cent «are in a position where they have pensions or a group plan where they have an incentive to save because their employers help them,» Bezaire said in a phone interview.

Let me guess: The 25 per cent who do feel confident are likely members of those increasingly rare (especially for younger workers) employer - sponsored defined - benefit pension plans.

Meanwhile, in addition to the average salary increase remaining relatively steady year over year, the survey found that the percentage of employers who plan to freeze salaries appears to have stabilized at eight per cent — in the same percentages as was projected in 2014.

-- Defined contribution plans are defined as comparable with a minimum annual contribution rate of eight per cent and employers must match at least 50 per cent.

There is no set amount that employers contribute to 401k plans, but it might be along the lines of 25 cents to 50 cents for every dollar you contribute, up to a set maximum of perhaps 3 percent to 6 percent of your salary.

Comparable DC plans must have a minimum contribution rate of eight per cent with at least 50 per cent contributed by the employer.

Defined contribution (DC) plans — must have a minimum total contribution rate of 8 per cent, with employers contributing at least half that amount (voluntary contributions would not be applicable for the purposes of the ORPP comparability test)

An employer should be cautious of any plan that requires employees to pay for more than 25 per cent of treatment costs, or which charges co-insurance for medical expenses in excess of $ 10,000.

In a typical matching contribution plan, an employer will put 50 cents into your retirement fund for every dollar you contribute out of your paycheck for, up to six percent of your total salary.

Positive signs on the horizon Despite unpredictable markets worldwide, responses from Canada's employers show that just under a third (32 %) percent of employers plan to increase salaries by up to six per cent in 2015 and half (49 %) believe that the country's economy will continue to strengthen throughout the next 6 - 12 months.

Similar to oil and gas employers, more than one quarter of employers have attributed shortages to a lack of training, yet only three per cent plan to add it to their recruitment and retention strategies for 2016.

This year in Hong Kong, nearly half of employers (49 per cent) plan to award increases of between 3 - 6 per cent while another 24 per cent expect to increase salaries by up to three per cent only.

More than half (55 %) of employers surveyed said salaries will increase by a nominal three per cent or less, one - third plan to increase headcount and half plan to stick with their current staff numbers.

Despite an increasingly stronger economy in Japan in 2018, many employers are planning to take a conservative line on salaries with over half planning increases of up to three per cent only, according to recruiting experts Hays.

According to the 2018 Hays Asia Salary Guide, nearly half of all candidates surveyed in Hong Kong plan to change employers within the year and 41 per cent are currently open to an offer.

In terms of the action employers have taken to counter skill shortages, 37 per cent are up - skilling existing employees, 26 per cent are improving attraction strategies such as increasing their recruitment budget and 16 per cent plan to use internal transfers.