- Close to one-third of employers have plans to add headcount in the
third quarter -
TORONTO, July 9 /CNW/ - CareerBuilder.ca, a leading online job site in
Canada, released the results of its midyear survey, tracking projected hiring
and job search activities for the remainder of 2008. The survey, titled "2008
Midyear Canadian Job Forecast," was conducted from May 22 to June 13, 2008,
within Canada among 523 workers and more than 225 hiring managers.
"Job growth is expected to continue at a healthy pace through the end of
2008, with 30 per cent of employers saying they plan to increase headcount,"
says Remy Piazza, managing director of CareerBuilder.ca. "Close to
four-in-ten employers say they currently have open positions for which they
can't find qualified candidates to fill. In fact, employers say the shortage
of labour is having the greatest influence on hiring, followed by the state of
the economy, consumer spending and rising energy costs."
Over the past 12 months, employment in Canada has risen by 339,000
(+2.0%), according to the latest Labour Force Survey. Thirty per cent of
employers expect to continue the momentum by adding full-time workers in the
second half of 2008, up from 23 per cent at the same time in 2007. Ten per
cent of employers, however, say they will be decreasing headcount before the
end of the year, down from 15 per cent at the same time last year.
Temporary recruitment is also expected to continue through the end of
year, but at a slower pace from last year. More than a quarter (27 per cent)
of employers indicate that they plan to increase the number of temporary staff
at their locations, down from 32 per cent at the same time in 2007. Eighteen
per cent of employers say they expect to add temporary staff in the third
quarter, while 15 per cent plan to do it between October 1st and December 31st
2008. Close to one-in-five (19 per cent) have not yet decided if they will
bring temporary workers onboard.
HIRING AND COMPENSATION IN THIRD QUARTER OF 2008
Three-in-ten employers (29 per cent) plan to add to their headcount over
the next three months. Fifty-eight per cent anticipate no change in staff
levels between now and October 1st, while 9 per cent say they will actually
decrease headcount, and 4 per cent are undecided.
Thirty-nine per cent of employers say they currently have open positions
for which they cannot find qualified candidates to fill. In light of the
labour shortage, employers are re-examining their recruitment strategies. When
asked what recruitment tools are the most critical to their company, employers
-- Referrals (65 per cent)
-- Online job sites (55 per cent)
-- Newspapers/trades (48 per cent)
-- Staffing/recruiting firms (33 per cent)
-- Professional associations (33 per cent)
Employers continue to offer larger salaries to secure top talent. Among
those involved in salary planning, 70 per cent of employers expect their
full-time employees to have higher salaries in the third quarter of 2008
compared to third quarter 2007. Forty-four per cent of employees can expect
to see salaries up to 3 per cent higher, while 15 per cent of workers will see
5-10 per cent increases. Another 5 per cent are undecided.
"As employers struggle with a large number of baby boomers leaving the
work force and the lack of available talent to fill open positions, they are
implementing new retention strategies to keep their top talent happy and in
their current positions," said Piazza. "From our data, their efforts may be
paying off. Sixty-six per cent of employees say they are satisfied with their
current jobs, up from 61 per cent at the same time in 2007."
While employees say they are happier in their current positions, the next
great opportunity is weighing on their minds. On par with last year, 11 per
cent of employees say they plan to leave their current job within the next six
months. Nearly a quarter (24 per cent) will be leaving within one year and 39
per cent will be gone by the middle of 2010.
More than half (51 per cent) of workers say they are satisfied with their
work/life balance and 44 per cent are satisfied or very satisfied with their
career progress. But employees are expressing concern with their workloads.
Forty-six per cent of workers would characterize their workloads as heavy or
too heavy; more than half (52 per cent) say their workload has increased or
greatly increased over the last six months.
Close to a quarter (23 per cent) of workers say they are not loyal to
their current employer. Of the 80 per cent of workers who say they are not
actively looking for a job, 83 per cent say if they came across the right
opportunity, they would take it.
When asked why they don't feel loyal to their current employer, workers
-- Don't feel their employer values them (70 per cent)
-- Employer doesn't pay enough (62 per cent)
-- Their efforts are not recognized or appreciated (60 per cent)
-- Not enough career opportunities (50 per cent)
-- Benefits are not good (35 per cent)
-- Don't like the work culture (33 per cent)
This survey was conducted online within Canada by Harris Interactive on
behalf of CareerBuilder.com among 225 hiring managers and human resource
professionals (employed full-time; not self-employed; with at least
significant involvement in hiring decisions); and 532 Canada employees
(employed full-time; not self-employed) ages 18 and over between May 22 and
June 13, 2008, respectively (percentages for some questions are based on a
subset of Canada Employers or Employees, based on their responses to certain
questions). With a pure probability sample of 225 and 532 one could say with a
95 per cent probability that the overall results have a sampling error of
+/- 6.5 percentage points and +/- 4.3 percentage points, respectively.
Sampling error for data from sub-samples is higher and varies.
CareerBuilder is a leading job site in Canada, with more than 1.1 million
unique visitors(*). Owned by Gannett Co., Inc. (NYSE: GCI), the Tribune Company,
The McClatchy Company (NYSE: MNI) and Microsoft Corp. (NASDAQ: MSFT),
CareerBuilder.ca powers the career centers for more than 120 Canadian partners
that reach national, local, industry and niche audiences. These include
leading portals such as AOL Canada and Mcleans.ca. Job seekers visit
CareerBuilder.ca every month to search for opportunities by industry,
location, company and job type, sign up for automatic e-mail job alerts, and
get advice on job hunting and career management. For more information about
CareerBuilder.ca products and services, visit http://www.careerbuilder.ca.
(*) comScore Media Metrix, CareerBuilder LLC property UVs, April 2008
+1 773 527 3637
For further information:
For further information: Michael Erwin for CareerBuilder.ca,
+1-773-527-3637, Michael.Erwin@careerbuilder.com, Web Site: