Sun Life deepens commitment to employee
well-being with expanded benefits offerings
TORONTO, Dec. 6, 2022
/CNW/ - Sun Life is enhancing its employee benefits in 2023 with
more comprehensive and inclusive family planning and well-being
coverage. Sun Life will be adding adoption and surrogate expense
coverage, care days and an extended bereavement policy. This is on
top of its existing family planning benefits, which include
fertility services and an increased combined lifetime maximum
coverage amount for fertility drugs and services of $15,000, and up to 14 weeks maternity,
parental and adoptive leave top-up, regardless of the employee's
path to parenting.
"People need flexibility and support for the moments in life
that matter most – whether it's building a family, taking time for
self-care, caring for others, or grieving a loss," says
Helena Pagano, EVP, Chief People and
Culture Officer, Sun Life. "We have a culture that is caring
and values flexibility and inclusivity – and we know these are
qualities people are increasingly seeking out when looking for new
roles. Helping our people through life's big moments is essential
to supporting their well-being journey."
As an extension of the company's focus on offering a flexible,
hybrid work environment, Care Days will empower employees to take
time off for self care, care of others, personal appointments, days
of significance and more. The company's extended bereavement policy
will now also include those who are grieving the loss of a
pregnancy (miscarriage or stillbirth) or person of significance
outside of family (roommate, close friend, etc.).
These enhancements build on the existing benefit offerings Sun
Life provides their employees across Canada, including:
- No mandated days in office and support for work from home
(guided by business and client needs).
- Partially-paid Sabbatical Leave program which offers employees
the opportunity to take up to six weeks off every five years of
- Industry leading mental health coverage of $12,500 per year.
- Lumino Health Virtual Care for employees and their family to
connect virtually with a doctor or nurse from home, and access
support through the Employee & Family Assistance Program,
providing holistic digital care.
- Virtual Mental Health Coach to help employees navigate the
mental health resources available to them through their benefits
plan, helping them create a personalized action plan and find the
right ongoing support.
Sun Life has recently been recognized as a leading employer in
the Top 50 Best Workplaces in Canada list by Great Place to Work, followed
by Best Workplaces for Mental Wellness, Best Workplaces for
Inclusion, Best Workplaces for Hybrid Work and Best Workplaces for
Professional Development. In addition, Sun Life received the Canada
Award for Excellence in Mental Health at Work from Excellence
About Sun Life
Sun Life is a leading international financial services
organization providing asset management, wealth, insurance and
health solutions to individual and institutional Clients. Sun Life
has operations in a number of markets worldwide, including
Canada, the United States, the United Kingdom, Ireland, Hong
Kong, the Philippines,
Japan, Indonesia, India, China,
Australia, Singapore, Vietnam, Malaysia and Bermuda. As of September 30, 2022, Sun Life had total assets
under management of $1.27 trillion.
For more information please visit www.sunlife.com.
Sun Life Financial Inc. trades on the Toronto (TSX), New
York (NYSE) and Philippine (PSE) stock exchanges under the
ticker symbol SLF.
Note to editors: All figures in Canadian dollars
Media Relations Contact:
Manager, Corporate Communications
416.275.9904 | email@example.com
SOURCE Sun Life Financial Canada