Recognized as one of Waterloo Area's Top Employers
By Richard Yerema and Kristina Leung, Mediacorp Canada Inc. staff editors (Nov 23, 2017)
Here are some of the reasons why Equitable Life Insurance Company of Canada, The was selected as one of Waterloo Area's Top Employers (2018):
- Equitable Life Insurance Company of Canada recognizes exceptional employee performance through a number of initiatives, including the President's Award for top employees (who are invited to join senior leaders for a performance at the Stratford Festival) and the Equitable Life Award for both managerial and non-managerial staff (awarded up to $5,000 in gift cards)
- Equitable Life Insurance Company of Canada helps employees prepare for the future with a defined contribution pension plan and health benefits that extend to retirees (with no age limit)
- As part of the organization's health benefits plan, Equitable Life Insurance Company of Canada provides employees with a health spending account of up to $1,500, allowing employees to top up existing levels of coverage depending on their needs

Equitable Life Insurance Company of Canada employees participating in the 2017 Autism Speaks Canada Walk campaign
Highlights
Industry | Insurance and Financial Services |
Established in Canada | 1920 |
Major Canadian hiring locations | Vancouver BC, Toronto ON, Waterloo ON, Markham ON, Calgary AB |
Full-time employees in Canada | 582 |
Part-time employees in Canada | 34 |
Average age of employees in Canada | 43 years |
Longest serving employee | 40.7 years |
Long-term savings | defined-contribution (DC) pension |
Health plan premium | as part of the health plan, the employer pays up to 100% of the premiums |
Health spending account | up to $1,500 each year |
Alternative work options | flexible work hours |
Vacation allowance | new employees receive 3 weeks of paid vacation after their first year on the job |
Outside survey period | outside consultant surveys are held every 24 months |
Employee performance reviews | employees receive individual performance reviews every 6 months |
Scope of charitable involvement | national |
Employee charitable involvement | employees are involved in selection of charities, employees receive paid time off to volunteer, (up to 1 paid day) |