The hiring binge is over

HRIA releases HR Trends Report indicating that Alberta's hiring index is down

CALGARY, March 9, 2015 /CNW/ - Human Resources Institute of Alberta ('HRIA') today released the results of its HR Trends survey. A valuable tool for employers and HR practitioners, the Alberta HR Trends Report contains practical information on what is occurring in Alberta workplaces.

"Based on the latest benchmarking data for Alberta's labour market, it's evident that while it's not all doom and gloom, the hiring binge is over. Despite decreased hiring confidence across all organizations, Alberta employers are still looking to hire the right person for the right position." said HRIA CEO, Chris McNelly.

The report provides a snapshot of current labour market information, including the challenges and opportunities facing Alberta's employers and HR professionals. Report highlights:

The hiring binge is over - The Hiring Confidence Index is way down across Alberta organizations regardless of their size or sector. Filling vacancies took longer because organizations became more choosy about who they hired. Learn more…

Turnover has a big impact - The cost of turnover has increased slightly in the last six months and in particular with larger organizations. Learn more…

Fewer TFWs needed - When it comes to the changes to the TFW program reactions are mixed. Only 16.5% will keep using the program – which means the changes may drive as much as a fifth of firms currently using the program to stop using TFWs. Learn more…

This is the third Alberta HR Trends Report commissioned by HRIA as part of a regular series to help fill the labour information void for HRIA members and Alberta employers. The Alberta HR Trends research initiative was started in December 2013 in collaboration with Abingdon public opinion research firm.

"There is still a lot of confidence in the job market among Alberta's HR managers. The perceived economic softening means that employees are less likely to jump for a better opportunity and more likely to hang onto the good job they have right now," Hamish Marshall, Chief Research Officer, Abingdon Research.

A full copy of the Alberta HR Trends report is available online at hria.ca. If you have questions about this initiative or the research results, please contact Tom Kmiec, Director, Regulatory Affairs and Research, by email at tkmiec@hria.ca or by phone at (403) 541-8714.

About Human Resources Institute of Alberta:
HRIA is the leading professional association for human resources practitioners in Alberta dedicated to the advancement of the HR profession. As Alberta's exclusive granting body for the Certified Human Resources Professional (CHRP) designation, HRIA plays a critical role in establishing professional standards within the industry. HRIA connects over 6,000 HR practitioners, including over 3,100 CHRPs across the province through various professional development, networking, and community initiatives.

SOURCE Human Resources Institute of Alberta

Image with caption: "Human Resources Institute of Alberta logo (CNW Group/Human Resources Institute of Alberta)". Image available at: http://photos.newswire.ca/images/download/20150309_C6858_PHOTO_EN_12956.jpg

For further information: Media contact: Kari Whipple, Manager, Marketing & Communications, HRIA, e: kwhipple@hria.ca, t: 403-541-8700

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Human Resources Institute of Alberta

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