Health, Safety and Well-Being
The health, safety and well-being of our workforce is important to us, helping promote employee satisfaction, enhances our appeal as an employer, and ensure we attract and retain motivated and productive people.
As a company with major holdings in the life insurance business, we are especially sensitive to the day-to-day stressors our employees experience in both their personal and professional lives. We are committed to creating a workplace that allows people to perform and develop in a safe and healthy environment. We believe our employees must have the necessary support to reduce their stress at work and at home, and to improve their health and personal performance.
Our approach to workplace health and wellness focuses on providing a wide range of preventative health and well-being services for our people.
Health, Safety and Well-Being
Health Assistance and Support
Access to an Employee and Family Assistance Program. This program provides support and assistance to employees and their families facing sensitive issues related to work, health and life including: workplace challenges, nutrition and health, physical health, addiction concerns, stress, depression and anxiety, family and parenting, relationships, and other situations.
Access to Dialogue, a front-line telemedicine service that operates through a mobile app and gives our employees direct and confidential access to health specialists via an online platform or a phone and/or video call, as needed.
Access to the Best Doctors Program, which provides our employees with a free and confidential access to a global database of 50,000 peer-ranked medical specialists who can help understand medical conditions and treatment options.
Employer paid life insurance, short-term and long-term disability, medical, vision, and dental care coverage for its employees and retirees.
Access to on-site flu vaccinations or reimbursement of fees for a flu vaccine provided by a doctor or a pharmacy.
While most of our employees were working from home during the COVID-19 pandemic, additional sanitary measures were put in place to protect our employees’ health and safety in the workplace for those who come to the office.
Wellness Programs and Incentives
We provide employees with a yearly, flexible Wellbeing Allocation, which can be used by employees towards a gym membership, to purchase gym equipment or subscribe to on-line fitness classes, as well as for the purchase work-related equipment.
We ensure our building meets all requirements related to occupational health, including ergonomic considerations.
Highlights from our Group Companies
Nurturing Healthy Lifestyles
Power Corporation invests in other businesses that promote health and wellness. For instance, Dialogue, Canada’s premier virtual healthcare and wellness platform, in which we invest through Portage Ventures. Through its team of health professionals, Dialogue serves employers and organizations who have an interest in the health and well-being of their employees, members and their families. The company’s Integrated Health Platform™ is a one-stop healthcare hub that centralizes all of its programs in a single, user-friendly application, providing access to services 24 hours per day, 365 days per year from the convenience of a smartphone, computer or tablet, for on-demand access to quality care.
Improving the financial, physical and mental well-being of Canadians, including customers and employees, is Great-West Lifeco’s commitment and guide. It invests in its employees and helps make it easier for them to take a more proactive approach to their financial, physical and mental well-being through comprehensive programs.
To support its employees and their well-being during the COVID-19 pandemic, Canada Life updated its Lifestyles benefit program to provide more mental health coverage for each employee and their dependents. Each employee now has $5,000 of coverage for registered psychologists, social workers, psychotherapists and clinical counsellors.
To support its employees’ retirement savings and long-term financial goals, Canada Life introduced enhancements to their defined contribution pension plan. With a shared accountability approach, employees will receive increased company contributions phased in over 2022 and 2023.
As part of its benefits plan, Canada Life employees have access to Health Connected, a hub for information on fitness, nutrition, sleep, medications, and much more.
Launched in 2020, Table Talk sessions continued strong in 2021. Featuring industry experts and Canada Life leaders, some sessions were focused on supporting leaders while others were for all employees. Five sessions were held this year with more than 5,200 employees tuning in.
In 2020, Canada Life became the first insurer in Canada to make virtual health care a standard benefit for all its group health plans with up to 400 plan members. Through Dialogue’s Consult+™ virtual health service, plan members and their dependents can access qualified medical professionals for non-urgent health conditions, medical advice, prescriptions and more. In December 2021, Dialogue’s Internet-based cognitive behavioural therapy (iCBT) was made available to all Consult+ users in Canada. Through Dialogue’s iCBT, plan members can access self-led mental health support for mild to moderate depression and anxiety where and when they need it.
The aim of IGM Financial’s four-pillar approach to employee health and wellness is for everyone to be physically thriving, emotionally balanced, financially secure and socially connected, by providing easy-to-access programs and resources, and flexible, real-time solutions. Relaunched in 2021 as Wellness Watch, the program focuses on where employees are within the spectrum of wellness. In 2020 and 2021, the emphasis was on stress and resilience support, sleep, work-life balance, and financial resources and planning – areas that were identified in the company’s wellness surveys as being most important to its people. Other new programs added in 2021 included: financial wellness webinars led by the company’s internal financial planning professionals on topics such as financial planning, mental health training, Wellness 101 education sessions, a wellness fair held during Canada’s Mental Health Week, and mental health awareness training for employees.