Canada Compensation Webcast

Burnout, Productivity and Pensions

Free to International Foundation and ISCEBS members

While inflation is slowly coming back down, the financial pain for workers and employers remains significant. Many workers—especially women—nearing retirement don't have enough saved amid rising costs of living and housing anxiety. Despite inflationary pressures, workers remain willing to pay for a pension. Conversely, employers are generally in a stronger position as the labour market softens, with confidence in profitability and high growth. Amid wide agreement that Canada is facing a productivity crisis, the employers that are investing in employee retirement benefits report higher productivity and fewer negative impacts from burnout. Burnout will not burn itself out. As workers and productivity suffer, offering new or enhanced retirement benefits can improve recruitment, retention and financial wellness.