88 per cent plan on, or are considering acquiring new skills, according
to Hays Canada survey
TORONTO, Oct. 21, 2013 /CNW/ - While corporate Canada grapples with the challenges associated with
Canada's ongoing skills shortage, Canadian employees see a silver
lining. According to Hays Canada's survey What People Want 2013, which collected data from more than 3,000 working and non working
Canadians, 88 per cent plan on, or are considering acquiring news skills to
capitalize on skills shortages in other industries.
Canadians are well aware that many industries face a talent gap. Seventy-five per cent believe there is a moderate to extremely high
skills shortage and a corresponding number (78%) experience moderate to
extremely high workplace pressures because of it.
The Hays Canada survey complements Hays' second annual Global Skills Index (created in partnership with
Oxford Economics), released today, which reveals that the talent
mismatch is widening in Canada. Canada scored 5.9 on a 10 point scale (up from 5.6 in 2012) because of
perceived tightening immigration legislation, and an increase of
working age Canadians entering the labour market.
"Canadian businesses have options when it comes to dealing with skills
shortages," said Rowan O'Grady, President Hays Canada. "When the
perfect candidate does not leap off the page they can invest in those
who come across as smart, with related education and work experience,
someone who can be trained for the position. Making this investment in
an employee allows for career progression and brings rewards in terms
of loyalty and retention."
Additional statistics from Hays Canada's What People Want 2013 survey:
56% of the Canadian labour force doesn't know what the federal
government's Canada Job Grant program is; of the ones that do 44% don't
believe it's a good solution to the skills shortage issue.
38% of the Canadian labour force is likely to highly likely to relocate
for the right opportunity, and 70% rank their level of mobility within
Canada as moderate to extreme.
The Hays Global Skills Index 2013 measures several key indicators that
determine a country's skill shortages including strength and resilience
of its economy, labour market health, quality and flexibility of
education, and the demand and supply of labour (particularly in
high-skills industries and occupations). A score above the mid-point of
5.0 suggests that employers are witnessing difficulties finding the key
skills they need and are suffering market friction. Canada's 2013 score
indicates an intermediate degree of elevated wage pressures.
Hays Canada's What People Want 2013 report collected data from more than 3,000 Canadian professionals, from
16 industries and 20 functional departments ranging from administration
to C-level executives. To download a free copy visit www.hays.ca.
The Hays Global Skills Index 2013 reviewed data from 30 countries to
help employers, employees, and policy makers understand the dynamics of
their labour markets, and to make comparisons across geographies.
Interested parties can download the report here www.hays-index.com.
Hays is an international recruitment consultancy with a strong Canadian
presence with offices in Vancouver, Calgary, Toronto, Mississauga and
Ottawa. Hays has more than 150 specialized consultants offering a broad
range of corporate recruiting expertise, with particular
specializations in serving the oil and gas, Information Technology,
finance and accounting, and construction and property, and mining and
About Hays Canada:
Hays Specialist Recruitment Canada is a wholly owned subsidiary of Hays
plc, which has been at the forefront of the global recruitment industry
for over thirty-five years. With annual revenues of over £2.1 billion,
Hays Specialist Recruitment is the largest specialist recruitment
consultancy in the world.
SOURCE: Hays Canada
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