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Desjardins Group / Mouvement Desjardins
Desjardins Group employees at a 48-hour charity bike ride in 2018  

Recognized as one of Canada's Top 100 Employers (2023) and Canada's Top Family-Friendly Employers (2022):

Here are some of the reasons why Desjardins Group / Mouvement Desjardins was selected as one of Canada's Top 100 Employers (2023) and Canada's Top Family-Friendly Employers (2022):

  • Desjardins Group has updated its flexible work policies to offer three flexible work arrangements, including 100 per cent onsite, 100 per cent offsite and combinations of both -- and if their work arrangements include telecommuting for one or more days, employees receive a permanent allowance, to $1,000, to help cover home office expenses (and unused amounts can be carried forward into the following year)
  • Desjardins Group supports new parents with maternity and parental leave top-up payments for new mothers and adoptive parents (to 95 per cent of salary for 18 weeks) and parental leave top-up for new fathers (to 95 per cent of salary for 12 weeks) -- head office employees can also take advantage of onsite daycare when they return to work
  • Along with helping employees save for retirement through a defined benefit pension plan, Desjardins Group encourages employees to prepare for life after work with retirement planning assistance and phased-in work options when nearing retirement -- retirees can remain in the health benefits plan with no age limit (with shared contributions)
Members of Desjardins Group's newcomers team   (Photo credit: Joe Alvoeiro)

Employer Background

Industry Financial institution
Established in Canada 1900
Major Canadian hiring locations Aurora ON, Québec QC, Montréal QC, Toronto ON, Mississauga ON, Ottawa ON, Calgary AB, Lévis QC, Vancouver BC
Full-time employees in Canada 48,129
Part-time employees in Canada 5,588
Full-time employees worldwide 48,195
Workforce engaged on a contract basis 5.85%
Average age of employees in Canada 41 years
Longest serving employee 52 years

Work Environment Rating: A

Hybrid work home office allowance, formal work arrangement policy covers all employees (full and part-time) and includes full-time onsite, full-time offsite and set flexible hybrid work arrangements as determined on an individual basis, introduced a permanent $1,000 allowance for the purchase of needed home office equipment if work arrangements include remote working for at least one day per week
Flexible work options flexible work hours, 35-hour work week (with full pay), shortened work week (fewer hours with less pay), compressed work week, telecommuting
Commuter amenities walk to public transit, transit subsidies, online carpool sign-up, free parking, electric vehicle charging stations, secure/sheltered bicycle parking, nearby bike sharing station, corporate ride-sharing account
Onsite workplace features reserved parking for carpoolers (and a guaranteed ride home), daily shuttle service between Lévis and Montréal locations, head office features an impressive interior living wall, conference rooms, telecommuter workstations, sit-stand workstations, private phone booth, self-serve lunchroom, outdoor patio, discounts at local restaurants
Employee lounge amenities comfortable seating, libraries, small "bubble" rooms for privacy, break rooms
Onsite cafeteria healthy menus, special diet menus, take-home meals, 4 cafeterias that offer a range of options, including pasta, pizza, poke bowls, salad bars and themed menus
Onsite fitness facility for employees only, subsidized membership, treadmills, stationary bikes, stairmasters, instructor-led classes (spin, BodyPump, BodyFlow, yoga, Zumba), elliptical trainers, weights, shower facilities, fitness facility is operated by Énergie Cardio (GoodLife Fitness outside of Québec), allowing employees to use facilities in other cities across Canada

Work Atmosphere & Communications Rating: B

Employee social committee name over 30 active social clubs across the organization (est. 1965)
Past social events continued to host a variety of virtual events to help keep employees in touch, including themed meals delivered to employees' homes (sugar shack, lobsters, Christmas holidays cocktails), virtual magic shows, and a company-wide virtual Christmas party with live-streamed musical performances and entertainment (over 20,000 people tuned in)
Cultural aspects business-casual dress daily, dress-for-your-day policy, casual dress (e.g. jeans) daily, music while working, employee sports teams, organized social activities for retirees
Employee communications intranet site, internal social media
Other in-house communications Skype Enterprise, dedicated Teams app (employees can create chat groups and it helps managers keep in touch regularly), online meetings with the CEO and senior leadership, a variety of Yammer channels to help employees from all levels keep in touch

Financial Benefits & Compensation Rating: A

Outside salary surveys participates in outside salary surveys every 12 months
Employee salary reviews individual salaries are reviewed every 12 months
Long-term savings defined-benefit (DB) pension
Long-term planning retirement planning assistance, phased-in retirement work options, life & disability insurance
Year-end bonuses available to all employees
Signing bonuses available for some positions

Health & Family-Friendly Benefits Rating: A

Health plan premium as part of the health plan, the employer pays up to 100% of the premiums
Flexible coverage health plan is flexible with adjustable premiums and coverage levels
Minimum hours worked for coverage 10 hours per week
Waiting period there is no waiting period for coverage
Family coverage option yes
Dental coverage routine, restorative
Eyecare $60 every 2 years
Paid sick days employees receive 3 days off each year
Health plan includes traditional coverage (e.g. prescription drugs), employee assistance (EAP) plan, semi-private hospital room, medical travel insurance, medical equipment and supplies, virtual healthcare services
Mental health practitioner benefit up to $1,000 each year
Health spending account up to $800 each year
Health spending account (family $) up to $1,100 each year
Fitness club subsidy up to $400 each year
Additional health plan information sleep health program, fall flu campaign, the "Healthy is Cool 360" website to better inform employees of the benefits available to them and help link to health services if needed
Additional health and wellness initiatives quarterly health and wellness awareness campaign that includes tips, presentations and related content around health lifestyle choices, mental health, work-life balance, and friends and family health
Maternity top-up (mothers) up to 95% of salary for 18 weeks
Parental top-up (fathers) up to 95% of salary for 12 weeks
Adoption top-up up to 95% of salary for 18 weeks
Additional family-friendly benefits extended parental leave to unpaid leave, child care onsite
Additional family-friendly information job-sharing (arranged on a case-by-case basis)

Vacation & Personal Time-Off Rating: A

Vacation allowance new employees receive 4 weeks of paid vacation after their first year on the job
Vacation jump vacation increases after 5 years of employment
Maximum vacation allowance employees move to a maximum of 6 weeks of vacation over their career
Unpaid leave maximum 24 months
Self-funded/deferred salary leave maximum 12 months

Employee Engagement & Performance Rating: B+

Employee performance reviews employees receive individual performance reviews every 4 months
Managers receive performance review training yes
Confidential employee feedback employees can also provide confidential feedback on their manager's performance
Exit interview exit interview option is available for departing employees
Performance recognition online recognition platform, individual performance bonuses, long-service awards, long-service awards start at 15 years and are celebrated in 5-year increments thereafter (features gradual financial bonuses from $250 to $1,000 and additional vacation, from 1 week up to 4 weeks)
Outside survey period outside consultant surveys are held every 4 months

Training & Skills Development Rating: A

Career planning in-house career planning services, online employee skills inventory
In-house training initiatives apprenticeship/skilled trades programs, mentoring, in-house training, online training, paid internships, subsidies for professional accreditation, mentoring to transfer retirees' skills
Related tuition subsidies employer covers up to 100% of tuition per year
Unrelated tuition subsidies employer covers up to 50% of tuition per year for courses unrelated to current position
Education leave educational leaves of absence are available
Financial bonuses for course completions yes

Community Involvement Rating: A+

Scope of charitable involvement local, national
Employee charitable involvement employees are involved in selection of charities
Total number of charities supported last year approximately 213 charitable and community organizations were supported last year
Some of the community organizations supported Operation Red Nose, Chemin du Roy Challenge, Desjardins Foundation (post-secondary scholarship and school grant support), Solidarity Kitchens of La Tablée of Chiefs (supporting food banks), L'Appui (supporting caregivers), Send a Helping Solo (initiative to support musical artists who in turn created personalized videos for people needing an emotional lift), Momentum Fund, Opération Enfant Soleil Téléthon, to name a few
Charitable giving matches employee donations, matches employee volunteer hours with company donations
Community highlight Desjardins and its employees are actively involved in initiatives that support youth, education, health and wellness, and co-operative values.

Recognized as one of Canada's Top Employers for Young People (2022):

Here are some of the reasons why Desjardins Group / Mouvement Desjardins was selected as one of Canada's Top Employers for Young People (2022):

  • Desjardins Group manages a Young Intern Director program for individuals between the ages of 18 and 30, allowing them to become familiar with the role of an officer or administrator by completing an internship on the board of directors or the board of supervision at a Desjardins caisse -- participants may have opportunities to share ideas for new services for young members with committees and commissions
  • Desjardins Group maintains a Young Executives Network for managers under the age of 35, which organizes a number of activities for members including an annual conference, a networking cocktail hour, monthly newsletters and community involvement initiatives
President Guy Cormier (centre) with young professionals at Desjardins Group  

Highlights

Industry Financial institution
Major Canadian hiring locations Aurora ON, Québec QC, Montréal QC, Toronto ON, Mississauga ON, Ottawa ON, Calgary AB, Lévis QC, Vancouver BC
Full-time employees in Canada 43,105
Student opportunities summer jobs, co-op opportunities, paid internships
In-house training programs orientation program, in-house training, online training, in-house career planning services, mentoring, leadership training, apprenticeship/skilled trades programs
Related tuition subsidies employer covers up to 100% of tuition per year
Unique training and development opportunities Desjardins Youth Work Experience program to provide summer jobs for participants between the ages of 15 and 18 (developed in a partnership with Carrefour jeunesse-emploi and local businesses), paid training to help new grads transition to member service advisor, personal finance advisor, and business account manager roles
Additional highlights Young Intern Director to provide young people between the ages of 18 and 30 with an internship on the board of directors or board of supervision at a caisse, scholarships for students interested in technical, vocational and post-secondary studies (offered through the Desjardins Foundation), maintains partnerships between call centres and schools (including co-op opportunities at AccèsD for students pursuing their Diploma of Vocational Studies in Sales Consulting at ÉMICA)
Dedicated employee resource group Young Executives Network for managers under the age of 35
Vacation allowance new employees receive 4 weeks of paid vacation after their first year on the job

Recognized as one of Canada's Best Diversity Employers (2022):

Here are some of the reasons why Desjardins Group / Mouvement Desjardins was selected as one of Canada's Best Diversity Employers (2022):

  • Desjardins Group set out to achieve gender parity in senior management as well as across the boards of directors of the caisse by 2024 -- and successfully achieved this in 2020 (women represent 50 per cent of senior management roles across the organization and 44.9 per cent of caisse boards of directors)
  • The organization also recently launched a Canada-wide network called Empowering Women to facilitate networking and professional development (over 3,100 women and 100 allies have joined since the network's launch in 2021)
  • Desjardins Group participates in "Un emploi en sol québécois," a program sponsored by the Fédération des chambres de commerce du Québec to help employ newcomers to the province
Desjardins Group employees and administrators at the Montréal Pride parade  
I just came back from my second maternity leave, and I still can't believe how lucky I am to work for such an amazing employer. Desjardins helps me reach my full potential by offering me lots of flexibility and competitive working conditions. Michelle Lapointe-Dubois, Talent Acquisition Advisor

Highlights

Industry Financial institution
Major Canadian hiring locations Aurora ON, Québec QC, Montréal QC, Toronto ON, Mississauga ON, Ottawa ON, Calgary AB, Lévis QC, Vancouver BC
Full-time employees in Canada 43,105
Management of diversity and inclusion initiatives maintains diversity and inclusion ambassadors for each sector as well as local action plans and initiatives
Performance management and accountability updated equity, diversity and inclusion plan features new targets for leadership representation, including women, employees who are newcomers or represent cultural communities, and young people, workforce indicators and targets are monitored on a quarterly basis
Employee resource groups Empowering Women, a Canada-wide network of women and their allies (membership is over 3,200 since the group's inception in 2021)
Recruitment initiatives hiring program for individuals with autism spectrum disorder, participates in the "Un emploi en sol quebecois" program to support newcomers to the province (sponsored by Fédération des chambres de commerce du Québec)
Retention and development programs female leadership development program offered in partnership with L'effet A
Training and awareness initiatives hosted implicit bias workshops for over 5,000 employees, including managers, talent acquisition advisors, communication advisers, and training designers
Diversity highlights #movingtogetherensemble initiative to address different topics related to diversity and inclusion (events are open to the public), Cooperathon innovation competition for social impact (awarded 3 $2,000 diversity and inclusion grants)

Recognized as one of Canada's Greenest Employers (2022):

Here are some of the reasons why Desjardins Group / Mouvement Desjardins was selected as one of Canada's Greenest Employers (2022):

  • Desjardins introduced an alternative commuting program back in 2010, encouraging employees to use alternative transportation, including public transit with transit subsidies, carpooling with preferred parking, car-sharing through driver matching services, and cycling with secure parking and shower facilities -- and has installed over 225 electric vehicle charging stations
  • Desjardins has financially supported municipal recycling programs across Québec for a number of years, and more recently introduced the formal company-wide RÉCÜP waste management program to ensure the proper recycling of most everything, including office furniture, e-waste, organics, a toner cartridge recycling partnership, construction waste, paper and cardboard, plastics and metal -- the program is managed by a full-time employee
  • Desjardins recently launched an ambition carbon reduction plan in April 2021 with the goal of achieving net-zero emissions by the year 2040 -- the plan includes training employees on the principles of sustainable development, supporting carbon-intensive sectors and increasing support for the renewable energy sector, and working with suppliers and partners to reduce the carbon footprint of its entire supply chain
Coop Week at Desjardins Foundation  

Highlights

Industry Financial institution
Major Canadian hiring locations Aurora ON, Québec QC, Montréal QC, Toronto ON, Mississauga ON, Ottawa ON, Calgary AB, Lévis QC, Vancouver BC
Full-time employees in Canada 43,105
Part-time employees in Canada 5,758
Employee green team Sustainable Development and Responsible Finance Department
Senior executive who oversees initiatives Secretary General and Vice President, Governance and Social Responsibility Division
Formal strategy/policy name Sustainable Development Policy
Publishes sustainability report yes
Green highlights real estate (reduced mortgage rates and discounts for insurance on LEED-certified and environmentally constructed homes), green auto loans and discounted insurance (hybrid and e-cars qualify), business loans (to encourage businesses to invest with the goal of reducing energy consumption), continues to expand its "green" financial investments portfolio, energy efficiency loans for commercial, industrial and agricultural business customers, ongoing support and development of programs to affirm its commitment to shift into a low-carbon economy (includes carbon offset purchases, incorporating environmental, social and governance (ESG) factors into all business decisions), GoodSpark Fund (established in 2016 in support of a range of sustainable development initiatives, investing $250-million from 2016-2024)
Building footprint includes rainwater collection, green roof, geothermal heating/cooling, electric vehicle charging stations, rooftop honeybee apiaries at multiple locations (employees can purchase the final product), a total of 11 facilities are LEED-certified, 10 are BOMA BEST-certified, launched the Desjardins Energy Transition plan in 2019 to minimize its real estate portfolio’s energy consumption and reduce its greenhouse gas emissions (has set the goal to reduce emissions to 20% below its 2018 levels by the end of 2024), bio-wall at head office
Extended recycling launched the company-wide RÉCÜP waste management program in 2018 (managed by a full-time employee) to capture glass, metal, plastics, office furniture, e-waste, organics, a toner cartridge recycling partnership, construction waste, paper and cardboard across all its operations, ongoing Paper Challenge (extended until 2024) strategy to reduce paper consumption and increase use of recycled paper, including paper made from 100% post-consumer waste
Commuter amenities alternative transportation program "A New Route for Your Commute" launched in 2010 (includes transit subsidies, discounts for bike-share programs, locker rooms and showers for bike commuters with over 10,024 users company-wide in 2020), electric car charging stations installed in offices (and for public use in partnership with Hydro Québec), customer discounts for purchase and insurance of electric, hybrid and fuel-efficient vehicles, daily shuttle bus between Lévis and Montréal, walk to public transit, secure/sheltered bicycle parking, online carpool sign-up, transit subsidies
Community partnerships ongoing support for municipal curbside recycling programs (has invested over $7.7-million into initiatives that help fund municipal recycling across the province), Équiterre, Écotech Québec (clean technology cluster initiative) and Fondation québécoise en environnement, signatory to the international Carbon Disclosure Project (has produced annual inventory of greenhouse gas emissions since 2008), Coop Agri-Énergie Warwick (the first Québec agricultural cooperative dedicated to producing renewable biomass energy), École de technologie supérieure de Montréal (committed $2-million to set up a circular economy lab to fast-track innovation and research)

The Career Directory

Desjardins Group / Mouvement Desjardins has been selected for The Career Directory, our guide to entry-level recruitment for recent college and university graduates.
Guy Cormier, president of Desjardins Group, speaks to young employees.

Highlights for New Grads

Industry Financial institution
Full-time employees in Canada 25,000 to 50,000
Major Canadian hiring locations Aurora ON, Québec QC, Montréal QC, Toronto ON, Mississauga ON, Ottawa ON, Calgary AB, Lévis QC, Vancouver BC
Student opportunities paid internships, summer jobs, co-op opportunities
Training subsidies for professional accreditation, orientation program, online training, in-house training, mentoring, in-house career planning services, leadership training
Tuition subsidies (related to job) yes
Typical new grad positions Account Manager, Financial Security Advisor, Product Administration Agent/Technician, Claims Technician/Officer, Advisor, Programmer
Work benefits health benefits for new employees, flexible work hours, telecommuting, transit subsidies
Vacation allowance new employees receive 4 weeks of paid vacation after their first year on the job

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