Let's Review the Top Companies
That You Can Work for in 2020
By Virgis Eva
In recent months, competition in the labor market has stiffened as companies strive to offer exceptional workplaces to employees. While it might be demanding for employers, it's advantageous to most workers who now enjoy working in conducive environments.
It is no doubt that every company would claim that it’s the best. When you perform a quick search on the internet, you’ll find thousands of employers claiming to be the best even if they are not. That’s why we came up with this list to help you find the best place to work.
In this review, we look at some of the best companies to work for in 2020 in Canada. We've evaluated their employee performance based on the following factors:
- Accessibility of the physical workplace
- Number of employees at the headquarters
- Health, family, and financial benefits
- Training and skills development
- Employee performance and communications
1. Canadian Imperial Bank of Commerce (CIBC)
CIBC is one of the top companies with many charitable donations in Canada. It organizes several national initiatives that help the community. CIBC headquarters is in Toronto, and it has over 40,000 employees across Canada.
Employees at CIBC Banks enjoy numerous financial perks, including interest-free loans of up to $5,000 for purchasing home computer equipment, waived banking fees and rates on some financial products. It also provides corporate rate discounts on travel expenses.
2. Toronto-Dominion (TD) Bank Group
TD Bank Group is one of the best employers in Canada as it offers numerous employee benefits, including parental or maternal leave with a 100 per cent salary for three months. It also offers flexible work options that allow employees to work with their schedules.
Like other companies, the TD Bank Group also manages several initiatives that contribute to global development. It recognizes and rewards exceptional employees, making it the best place to work. Its headquarters is in Toronto with over 58,000 employees in Canada.
3. Shopify Inc.
Shopify is one of the best companies that offer exceptional employee benefits in Canada. It provides maternal leave to new mothers of up to 34 weeks with 85 per cent of salary as top-payments. Besides, fathers and parents going for parental leave are also eligible for a top-up payment of 85 per cent of their salary for up to 18 weeks.
Each employee is also eligible for a health benefit plan worth CA$5,000 that they keep in their health and wellness accounts or retirement savings account. The company has over 4,000 employees across Canada with its headquarters in Ottawa. In most cases, it hires employees with skills in Information Technology and Software Engineering.
4. Knowledge First Financial (KFF) Inc.
Knowledge First Financial (KFF) is the largest company providing RESPs to Canadians. With the head office situated in Mississauga, Ontario, it has between 100 and 250 employees. The company's starting salary ranges from CA$35,000 to CA$40,000 yearly.
Employees at KFF enjoy many benefits, including subsidized training and professional accreditation, health benefits for recruits, flexible work hours, paid time-off for volunteer work. The company also pays for a 3-week vacation for recruits after their first year of duty. You can read the knowledge first financial employer reviews to find more about KFF.
5. Bell Canada
Bell Canada is a telecommunication company headquartered in Montreal, Quebec. It has family-friendly employee benefits, including favorable top-up payments for parental and maternal leave. One can get maternity leave of up to 36 weeks with a 70 per cent salary.
Bell Company organizes many social events each year to promote the employees' social skills. Such activities include sleigh ride, baseball, hockey, and soccer. It also offers health benefit plans to workers. Currently, the company has over 52,000 employees in Canada.
6. TELUS Communications Inc.
TELUS, headquartered in Vancouver, is a telecommunication company with over 53,600 employees across Canada. The company prioritizes on its workforce health and wellness by using health risk analytics for personalized employee support.
The company’s training and skills development, employee engagement, and community involvement are exceptional. In every year, it mobilizes thousands of volunteers to take part in TELUS Days of Giving. It also offers monetary donations to vulnerable youths.
7. Loblaw Companies Limited
Loblaw’s headquarter is in Brampton, Ontario, and currently has over 200 employees in entire Canada. It promotes employee development through its Loblaw Virtual Learning Centre and also provides tuition subsidies of around $1.2K - $2.5K per year to workers.
One good thing about Loblaw Company is that it awards scholarship opportunities worth $1,500 to its employees’ children enrolled in post-secondary education. Loblaw Company also participates in charitable practices to help the community.
Many companies in Canada provide different terms of employment as well as employee benefits. When searching for a company to work for, you should evaluate your needs first and then compare the additional benefits of each company to find the best deal.