from MEDIACORP CANADA Survey Oct. 2010
At $1500 a year forced payment CPSO takes in approx $50,000,000 yearly.
Helps employees prepare for retirement through a defined contribution pension plan and phased-in retirement working options.
Over 65% of management employees are women
Provides tuition subsidies (to $3,000 each year) for courses at outside institutions as well as opportunities for internal and external secondments
Provides new mothers with generous top-up payments to 100% of salary for the first 2 weeks of their leave, followed by a 75% top-up for 26 weeks.
Provides parental leave top-up payments (to 26 weeks) for new fathers and adoptive parents
Offers employees generous referral bonuses when they successfully refer a new candidate ($1500)
Industry: ProfesEstablished: 1866. Full-time employees in Canada: 252. Part-time employees in Canada: 23. New jobs created in Canada last year: 3. Voluntary employee turnover last year: 1.2%. Longest serving employee: 47 years. Workforce engaged on a contract basis: 8%. Number of applications received at this location last year: 1,500. Percentage of employees who are women: 81%. Of managers: 67%. Of directors: 26%. Average age of all employees: 42.
Originally constructed in the 1960s the newly renovated head office features an onsite fitness facility (with subsidized memberships, stationary bikes, shower facilities, walking and running clubs); employee lounge (with comfortable seating, daily newspapers and board games); nap room; religious observance room; secure bicycle parking; free parking; subsidized on-site yoga and pilates classes; free coffee/tea.
Employees at their head office enjoy business casual dress; casual dress Fridays; can listen to music while working; employee sports teams; organized social events. The company-subsidized social committee organizes an annual year-end formal, an annual employee appreciation day, an annual lunch to celebrate its long-serving employees, and a special Christmas party for employees' children. In addition, employees and their families can kick-off the Christmas season watching the city's famous Santa Claus parade from the comfort of the head office building, which is conveniently located directly on the parade route -- with the College providing everyone with free parking, hotdogs and drinks.
Individual salaries are reviewed every 12 months. CPSO also provides new employee referral bonuses (to $1,500 for some positions); defined contribution pension plan with employer contributions (up to 10% of salary); life & disability insurance; retirement planning assistance; discounts on home computers; an interest-free computer purchase plan.
Their health benefits plan is managed by Great West Life. As part of the health plan, the employer pays 100% of the premiums. Employees who work 28 hours per week receive coverage. The waiting period for new employees is 90 days. Employees receive full family coverage on the health benefits plan. The health plan also includes retiree coverage with no age limit. The basic plan includes routine dental; restorative dental; eyecare ($350 every 2 years); traditional medicine coverage; alternative medicine coverage; massage therapy; medical equipment and supplies; homecare; employee assistance (EAP) plan; travel insurance. Lunchtime wellness workshops; small healthcare spending account. The College's family-friendly benefits include maternity and parental leave top-up payments to 100% of salary for the first two weeks, followed by: maternity top-up payments (to 75% of salary for 26 weeks); parental leave top-up for new fathers (to 75% of salary for 26 weeks); parental leave top-up for adoptive parents (to 75% of salary for 26 weeks); health benefits during maternity and parental leave. Additional family-friendly benefits include: flexible working hours; telecommuting; 35-hour work week (with full pay); shortened work week (fewer hours with less pay); reduced summer hours program; compressed work week; earned days off (EDO) program; phased-in retirement.
New employees receive 3 weeks of vacation allowance after their first year. Vacation increases after 5 years on the job. Long-serving employees receive a maximum of 6 weeks of vacation each year. Employees can schedule 2 personal days off each year, as needed. During the Christmas to New Year's holiday break, employees receive an additional 4 days off. Employees receive 12 paid sick days every year. Employees can also apply for an unpaid leave of absence.
Top performing employees may receive personally tailored non-monetary gifts, such as afternoon lunches, flowers, evening dinners and movie passes.
Employees receive tuition subsidies for courses related to their position. (Employers pay up to $3,000 in subsidies). Employees may also receive tuition subsidies for courses unrelated to their current position. (Employers pay up to $3,000 in tuition subsidies for non-related courses). The College also supports ongoing employee career development with: subsidies for professional accreditations; job exchanges; opportunities for internal and external secondments.
Employees receive paid time off to volunteer with their favourite charitable organizations. Employees also receive 2 paid days off to volunteer.
(Club Paradiso)
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