Business
Canadian small businesses boost wages and extend employee perks to fill talent gap
Canadian small businesses boost wages and extend employee perks to fill talent gap ...
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[{"type":"text","content":"\n \n \n \n Canadian small businesses boost wages and extend employee perks to fill talent gap\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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n 46% of those surveyed say they've struggled to find and retain employees\n \n \n \n \n TORONTO\n \n ,\n \n Nov. 9, 2021\n \n /CNW Telbec/ - As organizations struggle to attract and retain workers, an ADP Canada commissioned survey, conducted throughout Small Business Month by Maru Public Opinion, finds 46 per cent of small businesses owners and operators who say hiring in the current environment is difficult have increased wages, over a quarter (27%) have increased benefits, like additional vacation time, and close to a fifth (19%) have introduced a shorter work week.\n \n \n \n \n \n \n \n \n \n \n Small Businesses Bounce Back\n \n \n \n According to the survey, the majority (79%) of small businesses who had to reduce their workforce in response to the pandemic have been able to re-hire employees. However, one third (33%) stated they have trouble finding workers, with nearly half (46%) indicating the talent shortage grew because of the pandemic.\n \n \n In addition to attracting new employees, challenges also exist in keeping the ones that small businesses already have on hand.  According to small business owners surveyed, they're seeing staff leave for a better salary (32%), wanting to make a career change (29%) and to take on a more senior role (17%).\n \n \n \"The survey findings highlight the strength of small business – after weathering an unprecedented storm, they are making a comeback,\" says\n \n Helen Vesce\n \n , division vice president, service delivery, ADP Canada. \"As recovery continues, businesses who are able to adapt to the changing demands of this new labour market are poised to come out ahead in the search for top talent.\"\n \n \n \n Work Life Balance and Flexibility Top Benefits of Working at a Small Business\n \n \n \n Small business owners surveyed believe that better work life balance (53%) and more flexible schedules (48%) are some of the key b...