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Hi there, we hope the new year brings forth growth and prosperity for you. Take some time to catch up on top industry news in the February edition of the Smart Benefits Newsletter. Find out about the
latest SEB news, how to elevate productivity and wellbeing in the workplace, and what's been going on in the benefits industry lately.
SEB Administrative Services to
Launch Data Lab
SEB Administrative Services is pleased to announce that it is set to launch it's new Data Lab, an innovation centre for data, to harness opportunities within the field of data science. Initially, the Data Lab will be focused internally, to accelerate data experimentation and educate employees on the field of data science, the limitless possibilities of data applications and to stretch the application of data.
This Forbes article explores a longitudinal study conducted by researchers Colicev and team with over 9,000 participants to identify how many projects the brain can effectively handle and it's lower than you think. Explore the top 3 tips to help you stay productive this year.
As more and more companies require hybrid arrangements, it is important to note that employees with disabilities are navigating a world not designed for them including transportation, infrastructure, equipment, and ease of access. Explore considerations and support practices for employees with disabilities to ensure a flexible and seamless re-integration into office spaces.
On January 3, 2023, Co-operators Financial Services Limited and SEB entered into an arrangement agreement in which Co-operators will acquire all issued and outstanding shares of SEB.
During a recession, benefits are often not classified as a top priority, but reducing employee benefits can result in alarming long-term damage. This article dissects the harm that can be caused by reducing benefits as well as how to budget when maintaining benefits packages in a declining economy.
Everyday HSA was launched in downtown, Toronto on November 30th, 2022, with a focus on providing flexible benefits solutions for employers and employees alike. The event was an attraction for employee benefits and financial services executives who witnessed firsthand the product unveiling and presentation. See how Everyday HSA can be used in your firm today!
Expert Panel: How Employers Can Support Employee Mental Health in 2023
How important is mental health for you and your organization? Healthcare and benefit trends in 2022 placed great emphasis on mental health coverage for employees, and the demand is expected to surge in the coming year. Through this article, examine how employers can support employee mental health and well-being in 2023.
This article, published in the Globe and Mail, investigates an RBC Insurance survey revealed that 73% of workers aged 18-34 are willing to leave their jobs in order to receive a better mental health plan elsewhere. Failure to catch up to this market trend can lead to a loss of attraction and retainment of talent as well as increase a company's turnover rate. This article investigates a variety of ways through which Canadian companies can integrate mental health solutions to their already existing benefits plans.
The right amount of benefits coverage needed is unique to each employee's personal situation, but such personalized recommendations are not often feasible for employers. It is important to give employees access to intuitive decision support tools that consider the available benefit plan options and can provide tailored recommendations for the appropriate amount of coverage.
The Canadian Labor Code has been amended to now include a maximum of 10 sick days per year for federally regulated employees. This change is expected to impact 945 000 employees across Canada.