Manulife offers new employees a Pension Plan that allows them the opportunity to manage their own investments through a diverse range of investments funds. When employees retire or leave Manulife, they may use the value of the account to purchase a pension or a retirement product with Manulife or another pension provider.
At Manulife, your pension amount is based on mandatory and optional contributions. Each pay period, employees are required to contribute 2% of pensionable earnings, and Manulife is required to contribute 3%.
In addition to this required contribution, employees can also contribute an optional
amount of up to 5% of pensionable earnings. After a member has completed one
year of continuous service, Manulife will match the optional contribution at a rate
of 50%, up to a maximum of 2.5% of the employee’s pensionable earnings.
Confirmé par l'employeur pour les employés situés dans le pays suivant : CA (Modifier le lieu)
pay into it automatically, to young to use it
The company does a bad job at explaining to you what your options are once you are hired - they give you the online documents and aren't really helpful in answering.
An employee only gets 5 paid sick days and the 5 unpaid sick days. Sick days cannot be banked.
Pension plan available to full time staff
Benefits are like any other employer in Canada
covered their employees very well
Great pension plan and profit sharing
The matching contribution is a pretty sweet component of the pension plan.
You pick which funds you want your pension to be invested in.
You pay lot from your pocket and you miss your own savings