Business
Aim to Retain: Nearly a quarter of Canadians changed jobs recently - how can employers ensure they stay?
Aim to Retain: Nearly a quarter of Canadians changed jobs recently - how can employers en...
About this update from Adelphi Metals Inc.
[{"type":"text","content":"\n \n \n \n Aim to Retain: Nearly a quarter of Canadians changed jobs recently - how can employers ensure they stay?\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n From the great resignation to retention, new ADP survey reveals key factors to retaining employees\n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n July 27, 2022\n \n \n /CNW/ - A new survey by ADP Canada, conducted with Maru Public Opinion, reveals many working Canadians took a chance on a new career opportunity in recent months. According to the survey, nearly a quarter (24%) of respondents indicated they were new to their current role or position.\n \n \n \n \n \n \n \n \n \n \n Compensation and flexibility are paramount to employee retention\n \n \n \n The survey highlights compensation, flexibility and job satisfaction as key factors in retaining employees. In a tight talent market, employers who proactively evaluate their retention strategies may have the opportunity to outpace their competitors to attract and retain top talent.\n \n \n While workplace flexibility has remained a core priority for Canadians, 88 per cent of Canadian workers who are considering changing jobs in the next six months reported compensation as their most important determinant, according to the survey. As market conditions evolve, it will be important for employers to revisit compensation models to ensure they remain competitive. It appears some organizations have already adjusted compensation models to help retain employees: over a quarter of respondents (27%) said they received a non-performance related pay raise in the last six months, and over a third (37%) said these raises were above 5 per cent.\n \n \n \n Job satisfaction is high, and it's up to employers to keep it that way\n \n \n \n According to the survey, Canadian workers appear to be satisfied with their job and workplace environment. When asked why they would stay in their current positions, 93 per cent of respondents said they are happy in their current role, and nine-in-ten indicated they ...