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Interac Corp.
An employee at Interac Corp. works in one of the office's collaborative spaces   (Photo credit: Tanvi Madkaiker)

Recognized as one of Greater Toronto's Top Employers (2022):

Here are some of the reasons why Interac Corp. was selected as one of Greater Toronto's Top Employers (2022):

  • Interac Corp. has supported employees over the course of the pandemic, offering a $700 stipend to help employees with home office set up, launching weekly programming for employees and their children (yoga, mindfulness sessions, arts and crafts and storytime), and doubled its mental health coverage (including additional coverage for virtual counselling and stress reduction training)
  • Additionally, Interac Corp. helps employees balance work and their personal commitments with flexible work hours, a 35-hour workweek option (with full pay), and reduced summer hours (early office closures at 3 p.m. every Friday) from Victoria Day to Labour Day)
  • Interac Corp. maintains a peer-to-peer recognition platform, enabling colleagues to recognize others for going above and beyond (rewards ranging from $10 to $50) and encourages managers to submit award nominations for exceptional work (with rewards ranging from $100 to $1,000)

Highlights

Industry Financial services
Established in Canada 1984
Major Canadian hiring locations Ottawa ON, Toronto ON
Full-time employees in Canada 437
Part-time employees in Canada 23
Average age of employees in Canada 35 years
Longest serving employee 23 years
Long-term savings non-matching RSP
Health plan premium as part of the health plan, the employer pays up to 100% of the premiums
Health spending account up to $300 each year
Mental health practitioner benefit up to $1,000 each year
Flexible work options flexible work hours, 35-hour work week (with full pay), shortened work week (fewer hours with less pay), telecommuting, reduced summer 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 6 months
Employee performance reviews in-house training, online training, paid internships
Related tuition subsidies employees receive paid time off to volunteer

COVID-19

Pandemic response offered a $700 stipend to help employees with home office set up, launched weekly programming for employees and their children (yoga, mindfulness sessions, arts and crafts and storytime), doubled its mental health coverage (including additional coverage for virtual counselling and stress reduction training), implemented no-meeting "quiet hours" to encourage staff to disconnect and manage family responsibilities

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