Roughly two-thirds (65 per cent) of Canadians are seriously considering leaving their job because of issues such as compensation, declining job satisfaction and overall well-being, according to a new survey by Hays Specialist Recruitment Canada Inc. The survey, based on responses from more than 4,200 employers and employees, found roughly 40 per cent of employers […]
As inflation hits a record high in Canada, employers are helping workers weather the storm through various benefits and compensation offerings, according to several experts. In October, the Canadian inflation rate increased year over year by a record 4.7 per cent, the largest increase since February 2003, according to Statistics Canada. The Bank of Canada […]
Roughly two-thirds (63 per cent) of women said the shift toward gender equality in the workplace isn’t taking place fast enough and, despite more societal awareness, they still aren’t being offered the same opportunities as men, according to a new survey by Randstad Canada. The survey, which polled more than 1,000 working Canadian women, found […]
The Ontario Court of Appeal has overturned a Superior Court decision that allowed an employee to receive his stock option awards throughout his 24 months of reasonable notice on the grounds that the employer had failed to provide adequate notice of termination. “The decision gives important guidance to employers about what will be appropriate in […]
Almost half (46 per cent) of small businesses that are currently experiencing hiring difficulties have increased wages, while 27 per cent have increased benefits and 19 per cent have introduced a shorter work week, according to a new survey by Maru Public Opinion for ADP Canada Co. It found while 79 per cent of small […]
More than four in 10 (43 per cent) employers have implemented, started to implement or are considering climate metrics for their executive incentive plans, while another 27 per cent may consider these in the future, according to a new survey by Willis Towers Watson. The survey, which polled more than 90 North American companies, found nearly half […]
Employees at several Indigo Books & Music Inc. stores across Canada are unionizing, as the ongoing coronavirus pandemic has “highlighted the precarity of retail work in general and how little say workers have in rapidly changing work environments. “Joining [United Food and Commercial Workers Canada] provided security and gave workers a voice without fear of retaliation,” […]
More than eight in 10 (83 per cent) U.S. organizations are implementing diversity, equity and inclusion initiatives in 2021, according to a new survey by WorldatWork. Among the 83 per cent, almost a third (29 per cent) said they took their first action on DEI initiatives during the past 12 months. Nearly all (97 per […]
The average national salary increase in Canada rose to 2.8 per cent (excluding freezes), similar to pre-coronavirus pandemic levels, signalling that rising vaccination numbers, low unemployment rates and a tight labour market are having an effect on employers’ compensation practices, according to a new survey by Normandin Beaudry. While 20 per cent of Canadian companies said […]
Wages are going up in Canada, with employers projecting an average annual pay increase of 2.5 per cent for next year, according to a new survey by LifeWorks Inc. When excluding organizations that are planning salary freezes, the poll found average salaries are expected to rise 2.7 per cent in 2022. It demonstrates growing confidence […]