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News
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Four in Ten Canadian Companies Planning Workforce Reductions and Merit Payment Revisions, Watson Wyatt Survey Finds
As the global financial crisis takes a tighter grip on the economy, some Canadian employers are bracing themselves for the looming economic slump. More than four in ten companies either have made or are planning layoffs or reductions (44%) and revising merit payments (42%) over the next year. According to the survey conducted in November 2008 by Watson Wyatt, a leading global consulting firm, employers are also ramping up employee communications and halting new staffing. The survey also indicates that while many companies are considering changes, less than 20% consider such changes to be significant.
[12/10/2008]
Financial Turbulence Hits Canadian Pension Funds Hard, Watson Wyatt Finds
The current financial crisis is creating extreme uncertainty and potentially huge increases in 2009 contribution requirements for Canadian sponsors of defined benefit plans, according to a recent analysis conducted by Watson Wyatt Worldwide, a leading global consulting firm.
[11/14/2008]
Wild Ride for Pension Plans Continues, Watson Wyatt Finds
Plan Sponsors Should Stay Focused on Managing Risk.
[7/9/2008]
Concerns Diminishing About Pension Risk as a Long-Term Crisis
Perceived change allows HR executives to play an increasing role in plan design,
according to Watson Wyatt/Conference Board of Canada.
[4/28/2008]
Top Canadian Economists Uncertain About 2008
Watson Wyatt survey finds no consensus on magnitude of rate cuts or long-term value of the Canadian dollar.
[1/21/2008]
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