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Sun Life to look at effectiveness of pharmacogenetics on plan members

Sun Life Financial will be offering plan members on short- and long-term disability leave for depression or anxiety the chance to take part in a study on the impact of pharmacogenetic testing.

The insurer is participating in a study that examines the effectiveness of the technology in partnership with the Centre for Addiction and Mental Health and personalized medicine provider Assurex Health Inc.

Workers would take pay cut, reduced vacation to work flexibly: survey

Nearly a third (29 per cent) of employees would take a pay cut to work flexibly, while 22 per cent would take reduced vacation time and 19 per cent would give up employer-matched retirement contributions, according to a new survey by online service FlexJobs.

The survey, which polled more than 5,500 employees, also found 79 per cent of respondents believe the availability of flexible working options would increase their loyalty to their employer, while 73 per cent said remote working would help strengthen their relationships with their colleagues.

Tips for boosting employee acceptance of benefit changes

The irony of pensions and benefits is that employees tend to ignore them until they need them or until their employer changes them. And whether it’s good news or bad news, there are almost always trade-offs.

Changing pensions or benefits can be a tough sell to employees. When employers say “change,” employees often hear “change for the worse” and are likely to react defensively. So what can plan sponsors do to ease employees’ anxiety and help ensure the change goes smoothly?

Which health benefits do employees really want?

Just 11 per cent of employees are completely satisfied with the coverage levels for all five of the major areas of their health benefits plan, according to the 2017 Sanofi Canada health-care survey.

Members are especially keen to boost their coverage for…

Employers take creative approach to wellness programs on ‘shoestring’ budgets

When employees are young and often working remotely, and when the wellness budget is non-existent, human resources managers have to be creative to ensure employees get a healthy balance at work.

The vehicle history company Carproof, for example, began its wellness program in 2012 with a weight-loss contest, said Heather Coy-Robinson, the company’s human resources manager, at the 2017 Benefits and Pension Summit in Toronto on Tuesday.