News Briefs

Lululemon most popular employer for students | Employees expect benefits in retirement | Canadians not prepared for health-care costs
|Canadian HR Reporter|Last Updated: 07/17/2012

Lululemon most popular employer for students

TORONTO — The most desirable workplace for students in Canada is lululemon athletica, according to LinkedIn. In looking at student activity on the site — including job search behaviour, the companies they follow and their views on company pages — LinkedIn found lululemon came out on top. Rounding out the list are Ubisoft, Facebook, Holt Renfrew, Cossette, Aritzia, Labatt, Nexen, Mosaic and CBC.

Employees expect benefits in retirement

LAVAL, QUE. — One-half (51 per cent) of Canadians expect health-care benefits after retirement, which may not necessarily be the case, found the latest Sanofi Canada Healthcare Survey. Expectations are especially high among plan members aged 55 and older (69 per cent) and those who work for large companies (67 per cent). Respondents in Atlantic Canada are the most likely to expect retirement benefits (60 per cent), while those from Alberta are least likely (41 per cent).

Canadians not prepared for health-care costs

TORONTO — Three-quarters of Canadians (74 per cent) have no financial plan to pay for long-term care, according to a survey by the Canadian Life and Health Insurance Association (CLHIA). It will cost almost $1.2 trillion to provide long-term care for baby boomers and the government will only cover about one-half of that, said CLHIA. The resulting $590 billion funding shortfall is the equivalent of 95 per cent of all individual registered savings plans in Canada today.

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