It's bad. Employers know they're fukking employees. Just look at benefits and perks. Employers should have 401K/RRSP...some match 1:1 (ideal) many do not. That should be automatic for every employee at every company. If they're not going to offer pensions, step up the pay. I fear a lot of us are going to hit 65 and not be able to retire because there's no money.
That's the only good thing I say about government jobs is the pension. I get HOOPP as I work for a hospital, pension is matched. Also I've been working from home since march 2020 but no year end bonus, lucky to get a 3% raise but still thankful.
My mom is getting 3,500 a month from HOOPP and then 1,200 from CPP and then 700 from old age
And yeah my dad was a welder for over 40 years, no company pension. He got sort of lucky as the company closed when he was 63 and he got 150k severance. If not he would have retired with just what he had in the bank and CPP