Many have pointed out that the emphasis should instead be on
increasing workplace pension coverage and educating those still not covered to save more and save more effectively, using lower - fee options such as exchange - traded funds.
Not exact matches
According to a 2015 Glassdoor survey, 31 percent of workers valued a
workplace retirement account, such as a 401 (k) or
pension plan, over an
increase in pay.
Watch out for a cut in your income as the
workplace pension contribution
increases next tax year
The premium hikes would be spread over at least five years (Addition — the CLC has proposed seven), and those employers already offering generous
workplace pensions will likely reduce their
pension costs to reflect
increased CPP benefits.
«Scott was among the first to call for a ban on private placement agents for City
pension investment and also worked to advance shareholder initiatives to align corporate executive pay with long - term performance, promote
workplace diversity,
increase transparency and sustainability, and disclose corporate political spending.»
On April 6, the minimum contribution rate for workers automatically enrolled in qualified
workplace pension plans under the auto - enrollment (AE) program
increased from 2 percent (split equally among employers and employees) to 5 percent of covered earnings (2 percent is paid by employers and 3 percent by employees).
Additional highlights • 63 per cent of resource and mining employers are not actively hiring new graduates despite reports of a growing skills shortage • 2016 salary
increases for resource and mining professionals are more modest than the previous year, with 21 % reporting no
increases compared to eight per cent in the previous year • Almost three quarters (73 %) of oil and gas employees experience moderate to extreme
workplace pressure due to the lack of employees and skills present • Work from home options,
pension / RRSP contributions and flexible work hours are the top - three incentives oil and gas employers want to add in an effort to attract talent About Hays Canada: Hays Specialist Recruitment Canada is a wholly owned subsidiary of Hays plc, which has been at the forefront of the global recruitment industry for over thirty - five years.