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Live Well, Work Well – October 2018 Edition

Live Well, Work Well – October 2018 Edition

In this month’s Live Well, Work Well newsletter, you’ll read about Workplace Bullying, Superfoods and The Importance of Eye Exams. More Common Than You’d Think: Workplace Bullying Workplace bullying is a common concern in workplaces across Canada. Generally, workplace bullying is defined as the use of intimidation through power, influence, tone or language to affect a person negatively. Often, bullying is intentional, but sometimes the bully is not aware of their hurtful actions or words. Workplace bullying affects safety, productivity, trust and workplace culture. Some common signs of workplace bullying include: Ignoring, isolating or excluding an employee Reprimanding or humiliating an employee publicly Name-calling or insulting an employee Workplace bullying is a serious issue, and if you feel like you’re being bullied or witness inappropriate behaviour, it’s critical to take steps to address it. Above all, it’s important to work…read more →

International Insurance Newsletter – October 2018 Edition

International Insurance Newsletter – October 2018 Edition

International Insurance Newsletter | October Edition   Recent Successes: Placed local admitted Property & General Liability policies in China as part of a controlled master program for an investment consultancy with a healthcare industry focus. Placed broad form Management Liability coverage in Australia for a multinational behavior change media and technology company. Global Terrorism More than half of all terrorism attacks in the world in 2017 took place in four countries: Iraq (23%), Afghanistan (13%), India (9%), and Pakistan (7%), according to the Global Terrorism Database. More than half of all deaths took place in three countries: Iraq (24%), Afghanistan (23%), and Syria (8%). In 2017, there were 10,900 terrorist attacks around the world, which killed more than 26,400 people, including 8,075 perpetrators and 18,488 victims. 2017, though, marks the third consecutive year of declining numbers of terrorist attacks and…read more →

Ontario Government Cancels Planned Minimum Wage Increase

Ontario Government Cancels Planned Minimum Wage Increase

Ontario Government Cancels Planned Minimum Wage Increase The Ontario government says it will not proceed with a planned increase to the minimum wage that was to kick in next year. The minimum wage will remain at $14 an hour rather than rising to $15 as planned. The increase, which would have taken effect on January 1, 2019, was announced back in May of 2017 as part of then-Premier Kathleen Wynne’s Fair Workplaces, Better Jobs Act, known as Bill 148. Current Premier Doug Ford is working to repeal Bill 148. The bill mandates equal pay for part-time and temporary workers doing the same job as full-time employees and increases vacation entitlements to three weeks after a worker has been with their company for five years. It also requires employees to be paid for three hours if their shift is cancelled within 48…read more →

Five Challenges That Are Affecting The Aerospace Industry

Five Challenges That Are Affecting The Aerospace Industry

There are challenges in every industry sector, but with the aerospace industry having a larger international footprint than any other sector, it is understandable that it is facing a multifaceted and complex future. From some points of view, the skies may seem encouraging. We have seen high demand for air travel, a backlog of new aircraft orders, innovative technology and a resurgence in the business aircraft sector and much more. As technology and other factors change, develop and grow the following 5 challenges are expected to play a significant role in shaping the future of the Aerospace Industry. 1. SUPPLY CHAIN AND DIGITALISATION The aerospace supply chain often spans the entire globe, and which incorporate closer collaboration than ever, tight deadlines and an extreme high level of digitalization. A recently published study has revealed another side to this in fact….read more →

Four Reasons Why Business Owners Should Consider Life Insurance

Four Reasons Why Business Owners Should Consider Life Insurance

1. DEATH OF A KEY PERSON The smaller your business, the more critical you’re likely to be to the success of the business. What if you were gone tomorrow? What if you’re a large company and an employee – perhaps your most important employee – dies suddenly? Having insurance on the lives of key people in your business will provide cash to the business that could be critical to smoothing over a rough period, or even keeping the business afloat, while the rest of the team looks to find a successor. No wonder many lenders, and investors, require companies to carry key-person insurance. You’ll be glad to know that if the insurance is required as a condition of borrowing money, a portion of the premiums will be deductible for tax purposes. But if you buy a $500,000 policy to pay…read more →

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