of employers are planning to hire new permanent, temporary or contract staff in the next 6 months.
of professionals plan on looking for new roles in the first half of 2023.
of employers think they will lose staff to other organisations with higher earning potential.
When consumer demand spikes again, it’s hard to see any other outcome than a hiring surge - especially for companies heavily backed by venture capital.
- Ian KinsellaManaging Director, Morgan McKinley Canada
This is your opportunity to Go Beyond all expectations.
How can you increase your hiring success rates?
1. Top 5 reasons professionals want to move roles.
of professionals intend to look for new jobs in the first half of 2023. Here are the main reasons for wanting to move...
- Higher salary
- Meaningful and impactful work
- Better culture and leadership
- Better manager and team
- Organisational financial stability
2. Key benefits to offer.
Employers in Canada seem to be quite flexible in the range and choice of benefits that they offer their employees - 53% of professionals say they can choose their benefits from a selection. This is positive and could give those organisations that are not in such a strong position to offer higher salaries more of a chance to compete for top talent in 2023.
In terms of benefits that professionals in Canada actually desire and value, the top 5 are:
- Health insurance
- Pension
- Dental and vision insurance
- Flexible working hours
- Work where you want policy (remotely/overseas for a period of time)
3. Flexibility in working patterns.
Offering flexibility around working hours and location is paramount for successful talent attraction. According to our research, the preference for the number of days in the office when applying for a new role is as follows:
Clearly, giving the workforce more freedom around where and when they do their work should be a focus.
The state of salaries in Canada...
Even with a market correction and a potential global recession, tech salaries in Canada will continue to increase. But in what is likely to be a less competitive market, you stand a much higher chance of actually landing the top talent.
70%
of employers have had to offer higher than anticipated salaries to attract new employees.
90%
of employers have had to increase salaries to retain existing staff in the last year.
60%
of employers think salaries in their specific sectors will rise again in 2023.
2023 Canada salary guide.
Explore salaries to find out how much you should be paying your employees or how much you could be earning this year.
Compare salaries
Download your salary guide for 2023.
Salary data, insights and advice to guide your talent strategies. Benchmark what you are paying your teams against the industry averages for roles in your location.
Get your copyA full range of Talent Services...
Whether you need new people to scale up your teams, or you’re looking for specific skills to help your business react fast, our full range of talent services will deliver. We Go Beyond to find you the right people.
Advice for successful hiring.
Recruitment process: How to make better hires in 7 steps
In a tough hiring climate, it is important that your recruitment process is as good as it can possibly be if you are going to hire the most talented people.
How to make a job offer that will get accepted
After days, weeks or even months of sourcing, shortlisting and interviewing candidates,
Why an effective candidate experience matters to your hiring
People love to talk about when they’ve had a good experience. They love - even more - talking about bad experiences.
