Hiring appears to be on the upswing at mid-size Canadian companies.
The inaugural American Express Multinational Survey of Mid-sized Companies finds that 59% say they currently have more employees than they did one year ago.
Among those currently planning to add staff, nearly half (47%) say they need to hire to support business volume.
Additional reasons for hiring include the following:
- seasonal help needed (36%);
- new business ventures (32%);
- the company finally found the right candidate/positions that they had been trying to fill for some time (26%); and
- the company needed more people to delegate to (25%).
Among those who plan to add staff over the next six months:
- 47% plan to hire only full-time employees;
- 27% plan to hire only part-time employees; and
- 12% plan to hire both full- and part-time employees.
The survey results point to additional optimism for those considering employment at mid-size firms. Almost one-third (31%) of companies surveyed say the main reason they are able to retain employees is their compensation package (including competitive salary and stock options).
Related articles: