Daily News Alerts
Joe Hornyak
Former editor of Benefits and Pensions Monitor and founder of Joe Hornyak Communications
To register for Benefits and Pensions Monitor's Daily News Alerts, click here
Employees Take Driver’s Seat
With an increasing number of job vacancies and new policies allowing more flexible work arrangements, employees have taken the driver's seat, says a Randstad Canada survey. It shows 43 per cent of working Canadians indicate they are likely to look for a new job in the upcoming year. This desire to move on from their current job was even higher among young people as 62 per cent of respondents who intend to change jobs are aged from 18 to 34, compared to 48 per cent in the 35 to 54 age group. Percentages are equally distributed across blue and white collar industries. As well, while 39 per cent of employers are very confident that the vast majority of their employees will want to continue working for them beyond next year, the overwhelming majority (61 per cent) is anticipating the worst. Nearly half (48 per cent) of those employers who are confident their employees will stay with them cite a sense of company pride stating, "we are a great place to work," and indicate other factors that they perceive as less impactful such as flexible working models (18 per cent), salary and benefits (17 per cent), and hybrid working models (17 per cent). Employers who are not confident that their staff will remain with them cite other jobs having better salaries/benefits (26 per cent), the competitive job market (23 per cent), the prevalence of freelance work (16 per cent), or the fact that some are choosing to reorient their careers in a new direction (14 per cent). A large proportion of employers who are concerned they won't be able to retain their workforce are aware they will need to adopt drastic changes, with 34 per cent intending to pay more than their competitors, while 23 per cent envision revising their entire business model.
领英推荐
Demand For Core-Plus Offices Shapes Markets
Environmental, social, and governance (ESG) factors, demand for core-plus offices, and rising construction costs are some of the key trends that will shape global real estate investment markets in 2022, says Colliers. Its?‘2022 Global Investor Outlook’?says “social and environmental trends are a clear priority, increasingly woven into long-term investment strategies and performance targets,” it says. “We expect environmental attributes and asset performance to drive market turnover as investors re-calibrate their assets under management.” Specifically, environmental-related ESG considerations were prominent for the investors polled, with the report noting that?three quarters were integrating environmental factors into their strategies. Implementation was varied, however, with 21 per cent of respondents saying they were still in the ESG consideration stage.
For details on these stories, visit www.bpmmagazine.com