Among the 36 per cent of Canadian employers that say they’ve made changes to their initial 2024 salary budgets, more than half (56 per cent) decreased their budget, according to a new survey by Normandin Beaudry. The survey, which polled more than 400 employers, found the average Canadian salary increase budget for 2024 remained steady […]
The adoption of environmental, social and governance measures in executive incentive plans continues to increase across markets, especially in North America, according to a new report by WTW. The report, which reviewed public disclosures from more than 1,100 global companies, found metrics related to human capital remained the most popular across all ESG categories, used […]
A majority (89 per cent) of Canadian employers are expecting to face hiring challenges in 2024, according to a new survey from Express Employment Professionals. It found difficulty in finding qualified candidates (45 per cent) was the No. 1 obstacle cited by employers, followed by increased job market competition (25 per cent), uncompetitive pay (24 […]
Fewer than half (42 per cent) of U.S. employees who worked remotely full time in 2023 say they received a promotion, compared to those who worked in office (55 per cent) or in a hybrid arrangement (54 per cent), according to a new survey by ResumeBuilder.com. The survey, which polled more than 1,100 full-time workers, also […]
A recent Canada Industrial Relations Board decision has raised questions about the threshold that individuals must meet to be considered dependent contractors who are therefore entitled to reasonable notice on termination without just cause. Dependent contractors, while not formally considered employees because of the degree of control and independence they enjoy, are workers who offer […]
Three-quarters (74 per cent) of U.S. employers say they plan to give employees raises in 2024, while 18 per cent are undecided and eight per cent say they won’t offer pay increases, according to a new survey by ResumeBuilder.com. However, the survey, which polled 600 employers, found among respondents planning to give out raises, just […]
Meridian Credit Union Ltd. is continuing to support employee financial wellness by raising its guaranteed hourly wage to $23.74. In 2022, the financial company became the largest employer to be certified by the Ontario Living Wage Network and is adjusting its compensation to reflect new guidelines that were updated last month. Current economic conditions and […]
Nearly half (47 per cent) of Canadian employees say they feel happy with their current job and responsibilities, according to a new survey by ADP Canada. The survey, which polled more than 1,200 employees, found that, on a scale of one to 10, workers reported an average happiness score of 6.8, up from 6.7 in […]
Two-thirds (65 per cent) of U.S. employees rank flexible work options as the No. 1 component of compensation beyond salary, down from 71 per cent in 2022, according to a new report by the Conference Board Inc. The survey, which polled more than 1,500 workers, found employees in hybrid (68 per cent) and fully remote […]
British Columbia is introducing new protections for ride-hailing and food delivery app workers including a minimum wage, compensation for expenses and other standards. A minimum hourly wage of $20.10, which is $3.35 more than the current general minimum wage, would apply for a gig worker’s ‘engaged time,’ beginning when they accept an assignment to the […]