MORNEAU SHEPELL - CORPORATE

Improving lives and communities: Morneau Shepell releases annual CSR Report

Retrieved on: 
Tuesday, October 20, 2020

TORONTO, Oct. 20, 2020 /CNW/ -Morneau Shepell, a leading provider of total wellbeing, mental health and digital mental health services, today released its annual Corporate Social Responsibility (CSR) Report.

Key Points: 
  • TORONTO, Oct. 20, 2020 /CNW/ -Morneau Shepell, a leading provider of total wellbeing, mental health and digital mental health services, today released its annual Corporate Social Responsibility (CSR) Report.
  • Morneau Shepell is a leading provider of technology-enabled HR services that deliver an integrated approach to employee wellbeing through our cloud-based platform.
  • Morneau Shepell employs approximately 6,000 employees who work with some 24,000 client organizations that use our services in 162 countries.
  • Morneau Shepell is a publicly traded company on the Toronto Stock Exchange (TSX: MSI).

Morneau Shepell announces new appointment to Board of Directors

Retrieved on: 
Monday, October 19, 2020

TORONTO, Oct. 19, 2020 /CNW/ -Morneau Shepell is pleased to announce the appointment of Robert Courteau to its Board of Directors, effective today.

Key Points: 
  • TORONTO, Oct. 19, 2020 /CNW/ -Morneau Shepell is pleased to announce the appointment of Robert Courteau to its Board of Directors, effective today.
  • "On behalf of the Board and the Company, it's a pleasure to welcome Robert," said Jill Denham, Chair of the Board.
  • Mr. Courteau is a member of the Board of Directors of Kinaxis, and a past member of the Board of Real Matters.
  • The Company also announces that Michele Trogni has stepped down from the Board of Directors, effective September 30, 2020.

Almost 4 in 10 employees are less motivated at work since the pandemic

Retrieved on: 
Wednesday, October 14, 2020

The Mental Health Index score is -10, highlighting an uneven pattern since the start of the pandemic.

Key Points: 
  • The Mental Health Index score is -10, highlighting an uneven pattern since the start of the pandemic.
  • The Mental Health Index also tracks sub-scores against the benchmark, measuring financial risk (3.1), psychological health (-1.9), isolation (-9.7), work productivity (-10.8), anxiety (-11.5), depression (-11.8) and optimism (-12.3).
  • If Canadians' mental health and wellbeing needs are not addressed, the resilience of our country will face a significant long-term threat."
  • Morneau Shepell employs approximately 6,000 employees who work with some 24,000 client organizations that use our services in 162 countries.

Morneau Shepell launches unified telemedicine solution to enhance Canadians' total wellbeing

Retrieved on: 
Wednesday, October 7, 2020

"Today millions of employees and their families turn first to Morneau Shepell for support on a wide range of wellbeing issues.

Key Points: 
  • "Today millions of employees and their families turn first to Morneau Shepell for support on a wide range of wellbeing issues.
  • We have a unique opportunity to support their needs with a new generation of unified telemedicine solutions.
  • Morneau Shepell is a leading provider of technology-enabled HR services that deliver an integrated approach to employee wellbeing through our cloud-based platform.
  • Morneau Shepell employs approximately 6,000 employees who work with some 24,000 client organizations that use our services in 162 countries.

Pandemic-related uncertainty leads one third of Canadian organizations to freeze salaries in 2020

Retrieved on: 
Tuesday, September 29, 2020

According to Morneau Shepell's 38th annual Salary Projection Survey, more than one third (36 per cent) of Canadian organizations froze salaries in 2020, compared to a pre-COVID forecast of just two per cent.

Key Points: 
  • According to Morneau Shepell's 38th annual Salary Projection Survey, more than one third (36 per cent) of Canadian organizations froze salaries in 2020, compared to a pre-COVID forecast of just two per cent.
  • For 2021, employers in Canada anticipate a slight recovery, with base salaries expected to increase by an average of 1.9 per cent, including salary freezes.
  • With salary freezes and promotional adjustments excluded, employers are projecting salaries to increase by 2.5 per cent in 2021 down from the actual 2.6 per cent in 2020, excluding freezes.
  • Morneau Shepell employs approximately 6,000 employees who work with some 24,000 client organizations that use our services in 162 countries.

OSFI lifts freeze on commuted value transfers and buy-out annuity purchases

Retrieved on: 
Wednesday, September 23, 2020

TORONTO, Sept. 23, 2020 /CNW/ - Morneau Shepell released the September 2020 issue of its monthly newsletter, News & Views , in which the company looks at the following topics:

Key Points: 
  • TORONTO, Sept. 23, 2020 /CNW/ - Morneau Shepell released the September 2020 issue of its monthly newsletter, News & Views , in which the company looks at the following topics:
    OSFI lifts freeze on commuted value transfers and buy-out annuity purchases The Office of the Superintendent of Financial Institutions (OSFI) has lifted the freeze on commuted value transfers and buy-out annuity purchases effective as of August 31, 2020, suggesting a renewed confidence in the economic recovery.
  • In its place, OSFI has introduced restrictions on portability transfers and buy-out annuities that are broadly similar to those that were in place prior to the freeze, with some adjustments.
  • The case highlights the potential challenges that can be made to beneficiary designations by other heirs and the potential delays in distributing death benefits that may result.
  • A graph shows the changes in the financial position of a typical defined benefit plan since the end of 2019.

Canadians' mental health declines in August, reversing the trend of improvement since April

Retrieved on: 
Wednesday, September 9, 2020

The score measures the improvement or decline in mental health from the pre-2020 benchmark of 75.

Key Points: 
  • The score measures the improvement or decline in mental health from the pre-2020 benchmark of 75.
  • The Mental Health Index found the mental health scores of individuals with one (-15.2) or two (-13.0) children are significantly lower than those with none (-9.9).
  • The mental health of those working in the education sector declined to -11.6 from a score of -11.1 in July.
  • The Mental Health Indexis published monthly, beginning April 2020, and compares against benchmark data collected in 2017, 2018 and 2019.

Morneau Shepell opens crisis line for those affected by tropical storm and hurricane in the Gulf of Mexico

Retrieved on: 
Thursday, August 27, 2020

When calling the crisis line available through LifeWorks by Morneau Shepell, individuals receive crisis counseling support and/or referral to community resources.

Key Points: 
  • When calling the crisis line available through LifeWorks by Morneau Shepell, individuals receive crisis counseling support and/or referral to community resources.
  • Anyone affected by the tropical storm and hurricane can reach the free crisis support line at1.877.757.7587.
  • "It's devastating to face loss of homes and loss of life anytime, as people in the Gulf are facing now.
  • Morneau Shepell employs approximately 6,000 employees who work with some 24,000 client organizations that use our services in 162 countries.

Federal government issues draft tax relief for pension plans

Retrieved on: 
Thursday, August 27, 2020

TORONTO, Aug. 27, 2020 /CNW/ -Morneau Shepell released the August 2020 issue of its monthly newsletter, News & Views , in which the company looks at the following topics:

Key Points: 
  • TORONTO, Aug. 27, 2020 /CNW/ -Morneau Shepell released the August 2020 issue of its monthly newsletter, News & Views , in which the company looks at the following topics:
    Federal government issues draft tax relief for pension plans The federal government has released new draft tax regulations aimed at providing temporary relief from various rules applicable to registered pension plans.
  • Quebec publishes draft COVID-19 relief regulations The Quebec government has released a draft regulation providing for temporary measures intended to reduce the effects of the current economic slowdown on employers, plan administrators and plan funds.
  • Ontario COVID-19 deemed leave of absence raises pension issues Morneau Shepell examines the impact on pension plans of the new deemed leave of absence for temporarily laid-off non-unionized employees.
  • Tracking the funded status of pension plans as at July 31, 2020 Morneau Shepell describes the funded status of pension plans since December 31, 2019 based on three typical investment portfolios.

Morneau Shepell opens crisis line for those affected by wildfires in western United States

Retrieved on: 
Wednesday, August 26, 2020

When calling the crisis line, individuals receive crisis counseling support and/or referral to community resources.

Key Points: 
  • When calling the crisis line, individuals receive crisis counseling support and/or referral to community resources.
  • Anyone affected by the wildfires in California, Oregon and Colorado, can reach the free crisis support line at 1.877.757.7587.
  • Morneau Shepell is a leading provider of technology-enabled HR services that deliver an integrated approach to employee wellbeing through our cloud-based platform.
  • Morneau Shepell employs approximately 6,000 employees who work with some 24,000 client organizations that use our services in 162 countries.