EY Canada increases mental health benefit to $5,000

All employees and their dependents now have 100% coverage

  • Share

(Toronto, 5 December 2018) EY Canada now covers 100% of mental health services up to $5,000 each for all employees and their dependents annually. Mental health is a significant challenge faced by many Canadians and this increase will provide greater support for our people and their families.

“EY wouldn’t exist, let alone thrive, without our people,” says Stephen Shea, EY Canada Managing Partner, Talent. “And we believe it’s our responsibility to support them and help them live their best professional and personal lives. That means offering meaningful mental health benefits that allow them to take care of themselves and their families.”

The new plan also includes an expanded roster of mental health professionals. In addition to psychologists or registered social workers, EY people can now claim the costs of psychoanalysts, psychotherapists, clinical counsellors and marriage or family therapists.

“The way we live is always changing, shifting our priorities and putting pressure on different parts of our lives,” says Shea. “That’s why we keep re-examining what’s most relevant to our people’s overall wellbeing and adapt to provide meaningful benefits.”

According to the Centre for Addiction and Mental Health, in any given year, 1 in 5 Canadians experiences a mental health or addiction problem and by the time Canadians reach 40 years of age, 1 in 2 has – or has had – a mental illness.

EY is committed to offering a complete total rewards package, which includes benefits and salary, as well as other perks like flexibility, professional development, fitness reimbursement program and more.

-30-

About EY
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

For more information, please visit ey.com/ca. Follow us on Twitter @EYCanada.

EY refers to the global organization and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.