TORONTO, April 25, 2014 /CNW/ - If you're like most Canadians, you start
to think about the second-half of your career after you've moved
through your first entry-level job or two. After you paid your dues
and contributed a significant portion of your working life to an
employer, many Canadians wonder what kind of benefits they can expect
to receive. The answer, it turns out, is reassuring - provided that
you work for one of this year's "Top Employers for Canadians Over 40",
announced this morning.
"Many job-seekers don't realize that retirement-related benefits can
easily double your effective compensation your career," says Richard
Yerema, Managing Editor of the Canada's Top 100 Employers project,
which organizes the competition. "The CPP and self-funded pension
schemes fall short when it comes to providing a comfortable retirement,
so Canadians increasingly look to their employers to see how they treat
employees in the second-half of their careers."
Published annually since 2001, the "Top Employers for Canadians Over 40"
recognizes organizations that outperform their peers based on eight
criteria: (1) they offer interesting programs designed to assist older
workers; (2) they actively recruit new workers aged 40 years or older;
(3) their HR policies take into account the unique concerns of older
workers, such as by recognizing work experience at previous employers
in determining vacation entitlement; (4) they offer a pension plan with
reasonable employer contributions; (5) they assist older employees with
retirement and succession planning; (6) they create opportunities for
retirees to stay socially connected to former co-workers through
organized social activities and volunteering; (7) they extend health
coverage and similar benefits to employees after retirement; and (8)
whether they offer any programs, such as mentorship and phased-in
retirement, to ease the emotional challenges of retirement and ensure
older employees' skills are transferred to the next generation.
This year's list of winners and the editors' Reasons for Selection were
released this morning at: http://www.CanadasTop100.com/over40
Image with caption: "Top Employers for Canadians Over 40 (2014) (CNW Group/Mediacorp Canada Inc.)". Image available at: http://photos.newswire.ca/images/download/20140425_C5032_PHOTO_EN_39600.jpg
SOURCE: Mediacorp Canada Inc.
For further information:
Kristina Leung, Editor: 416-964-6069 x1464