Do you use nudges in your organization? You probably do, even if you are not aware of them. If you are not aware of the nudges that your organization is providing, you also may not be nudging in a strategic direction. A recent business book has opened my eyes to the strategic use of nudges in various human resources functions, both for the betterment of employees and the organization.
In the recent decision of IBM Canada Limited v. Waterman 2013 SCC 70 (CanLII), the Supreme Court of Canada confirmed that an employee’s pension benefits should not be deducted from his/her common law entitlement to pay in lieu of notice arising from a wrongful dismissal.
With recent changes to Canada’s old age security pension, Canadians and retirement have been in the spotlight. According to Scotiabank’s annual investment poll, over 30 percent of Canadians plan to retire later, up from 27 percent in 2011. It’s not news that Canadians are retiring later than they did a decade ago, but why?