How to become an employer of choice and win the race for talent

Job seekers expect a workplace pension

"…80% [of Canadians] say a retirement plan is a critical company benefit. In fact, sixty per cent report they would be unlikely to work for a company which doesn’t provide one..."

(Manulife Investment Management, Manulife Canada Retirement Study: Stress, Finances, Well-being, 2022)

Innovative organizations require innovative solutions

With an innovative vision to harmonize and improve access to digital tools and services for Canadian researchers, Digital Research Alliance of Canada wanted to also extend its innovation to enhance their value proposition and offer to employees a strong, secure and valuable pension.

By joining CAAT’s DBplus, the Alliance can provide their growing team with a pension plan that delivers on what employees want – predictable lifetime retirement income with inflation protection, early retirement features, and survivor benefits – while helping the organization become an employer of choice for new job seekers in the industry.

The CAAT Advantage

• DBplus offers secure, predictable lifetime pension income with early retirement features and inflation protection enhancements, which are highly desirable to the Alliance’s employees.
• Employees have peace of mind while working, knowing CAAT is expertly investing their contributions. They’ll also have peace of mind in retirement, knowing CAAT will provide them with lifetime retirement income.
• With DBplus, there is no balance sheet risk for employers. Employers can account for contributions on the same basis as a defined contribution plan.
• The contribution rate is set by the employer and stays fixed for them and their employees.

"[the Alliance] is a new organization and is keen to be an employer of choice. Joining the CAAT Pension Plan is a strategic move to ensure that we are a sought-after employer for our growing team."

- Nizar Ladak, CEO, Digital Research Alliance of Canada

With CAAT’s expert team managing everything pension-related, the Alliance can focus on developing Canada’s highly qualified researchers and enabling global innovation through Canadian research.

Become an employer of choice

To learn more about how CAAT’s DBplus plan design can meet the needs of your organization, visit our Pension Solutions page or contact us at [email protected].