Canadian employers disconnected from what employees value
Studies show job security ranked high for hires, much lower for companies.
TORONTO — More than half of Canadian employers are having trouble attracting employees in key workforce segments, and many are out of sync with what potential hires want, according to recent global employer and employee studies.
Willis Towers Watson, a global advisory company, surveyed employers and employees around the world, including Canadian samples, which show that despite a reshaping of the workplace, Canadian employees remain focused on fundamentals when deciding to leave or join an organization. These include a fair and competitive base pay, opportunities for advancement and job security.
However, the surveys show a disconnect between how employers and employees see the value of job security. Employees cite it among the top three reasons for why they join or leave a company, while employers ranked it ninth for joining and eighth for leaving.
Communication and effective supervision were found to be very important to foster attachment to a company, but only 39% of Canadian companies indicate their employees are highly engaged.
The Global Workforce Study shows senior leaders need to work on communication. Less than half of employees say that the senior leadership in their organizations has a sincere interest in employee wellbeing (43%) or that they have trust and confidence in the job being done by the leadership (46%).
The Global Talent Management and Rewards Survey was conducted from April to June and includes responses from 2,004 companies worldwide, including 88 companies from Canada.
The Global Workforce Study covers more than 31,000 employees in large and midsize organizations across a range of industries in 29 markets around the world. It was fielded online during April and May. The Canadian sample includes 1,003 employees and has a margin of error of ±1%.