Employers can alleviate labour challenges by supporting older employees who want to continue working through training and opportunities, says Lisa Taylor, an associate fellow at Toronto Metropolitan University’s National Institute on Ageing and founder and president of Challenge Factory and the Centre for Career Innovation. A new report by Statistics Canada found among pre-retirees, more […]
There’s never a drought of challenges for employers and 2023 is proving no different. Today, they’re facing inflation, labour shortages, competition for hiring, high turnover and employee burnout, to name just a few. That’s why it’s no surprise the ball is firmly in employees’ courts. Alongside the interminable rise in the cost of living and […]
Many employers are welcoming retirees back to their workforces to counter what some are calling the ‘Great Labour Shift.’ As the coronavirus pandemic shifts the labour market in favour of workers, employees across the globe are taking the opportunity to rethink where and how they work. In 2022, more than 50 million U.S. workers quit […]
Despite an ongoing labour shortage, just a quarter (25 per cent) of Canadian employers offer semi-retirement arrangements, according to a new survey by the Harris Poll on behalf of Express Services Inc. Semi-retirement — or phased retirement — is a period of time during which a person stops working full time and begins working fewer hours. […]
While Canadian employers recognize the value of retirement benefits, the current high inflation environment is driving them to favour wage hikes instead, according to a new survey by the Healthcare of Ontario Pension Plan and Angus Reid Group. The survey, which polled nearly 800 business owners and senior leaders, found employers’ leading concerns are greater […]
Canadian base salaries are set to increase by four per cent in 2023, a percentage that’s comparable to 2022, according to a new survey by LifeWorks Inc. The survey, which polled more than 500 Canadian employers, found while roughly six per cent of organizations froze their base salaries in 2022, fewer than two per cent plan […]
Slightly more than half (51 per cent) of hybrid or remote workers say they’d leave their job if they were mandated to return to the office, according to a new survey by software company Workhuman. The survey, which polled 1,000 full-time employees in the U.S., found although two-thirds (67 per cent) of respondents reported their working […]
With nine in 10 (89 per cent) employers finding it challenging to find skilled professionals, companies are using a range of recruiting tactics to win over skilled workers, according to a new survey by Robert Half Canada Inc. The survey, which polled more than 500 employers, found the most commonly used attraction strategies were increasing salaries […]
While 88 per cent of global executives say their organizations use succession planning, 74 per cent report their organizations often or always hire external candidates for leadership roles as opposed to promoting from within, according to a new survey by Ceridian HCM Inc. The survey, which polled 2,000 global leaders, found a third (35 per […]
Apple Inc. is upping its compensation package and giving its U.S. retail employees a pay increase of 10 per cent or more in a bid to help them combat inflation and stave off a push to unionize across many of its stores. Retail staff will see their wages rise to at least US$22 per hour, up […]