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Source : hcamag.com Few Canadians looking to go traditional retirement route, finds report The traditional path to retirement in Canada is dying, based on the findings of a recent study.

Source: toronto.citynews.ca Landing a job isn’t as easy as it was a few years ago, especially for younger Canadians, as the labour market continues to loosen. As new graduates enter the workforce over the next few weeks, they are likely to face challenges getting their foot in the door and must be prepared to effectively communicate what they bring to the company.

Source: www.cbc.ca The cost of many goods and services are tied to the availability of these on-demand workers A shortage of qualified people to work in skilled trades is making rising costs of living even worse, economists and trade industry veterans say.

Source: forbes.com When it comes to portraying yourself as a confident leader, you’ve likely heard the saying, “fake it till you make it.” While that advice might work in the short term, you need genuine confidence to make the right decisions, motivate others around you, and be a strong leader.

Source: cnbc.com If you use artificial intelligence to write your resume — or get a bit too creative with the design — you could be hurting your chances of landing a job.

Source: hcamag.com ‘There’s a lot of work to do to increase national AI readiness and Canadians’ understanding of and trust in AI’ With all the talk about the surge of artificial intelligence (AI) adoption across, many Canadians do not know much about it. More than two in five (43%) of Canadians say they know very little or nothing about the topic, reports TECHNATION.

Source: benefitscanada.com Nearly a quarter (21 per cent) of Canadian employees say they don’t perceive their workplace as supportive, according to Telus Health’s latest mental-health index.

Source: dailyhive.com Are you hoping to get a pay raise in 2024? Well, you might be in luck. In September last year, actuarial consulting service Normandin Beaudry released the results of its 13th annual Salary Increase Survey and reported that Canadian organizations were “planning fairly substantial salary increases” in 2024.

Source: benefitscanada.com The Canada Revenue Agency’s guidance for determining a full-time remote worker’s province of employment for payroll deduction purposes, which came into force on Jan. 1, could prove burdensome to employers.

Source: globalnews.ca Nearly half of women and three in 10 men in Canada have reported experiencing some form of harassment or sexual assault in the workplace, according to new data from Statistics Canada.

Source: hcamag.com ‘Organizations need to revisit their communication strategies to enhance employee education and increase use of benefits’ Employers already spend millions for employee benefits. Ensuring employees understand the true value should not be that costly.

Source: www.hcamag.com Expert cites ‘consistent need to upskill across both technological and leadership capabilities’ There is a rising demand for AI, leadership as well as IT certification skills among business, a report by Udemy found.

Source: thestar.com Contrary to popular belief, writes Gleb Tsipursky, remote workers are not besieged by distractions but have routines that foster concentration. In an ever-evolving business landscape, the conventional wisdom surrounding office work is ripe for a thorough reassessment.

Source: www.forbes.com Workplace skills development should be a key priority for leaders and managers, not merely a nice-to-have benefit. The World Economic Forum noted that six out of 10 workers will need to be reskilled or upskilled before the year 2027, while in addition, we are facing a talent shortage due to the enormous skills gap, which makes skills development initiatives even more imperative. But what are the forces that are rocking skills acquisition globally? A closer look uncovers some shocking insights and trends which will impact your work as a leader, as revealed in Springboard’s latest State Of The Workplace report: 1. The Skills Gap Won’t Get Any Better…Yet “Nearly 40% of leaders say that the skills gap at their company has worsened in the last year and more than one in three say the current shelf life of hard skills is under two years,” shares Springboard of their research findings. Additionally, 70% of leaders agree that their organizations are facing a critical skills gap which is negatively impacting business performance, while nearly 40% believe that this gap is getting worse and has worsened over the past year. For the purposes of the study, over 1,000 professionals, including more…

Source: ctvnews.ca Thinking about a career change as the cost-of-living crisis continues to unfold? A career in customer service might be an easy swap, according to recruiters.

Source: ctvnews.ca As the Canadian economy continues to slow, Canada’s job market is changing, and that’s had an effect on the skills that employers are looking for. In 2023, amid record-low levels of unemployment, large swaths of the labour market faced skills and staffing shortages. But 2023 saw the labour market swing back in favour of employers as the unemployment rate ticks up.

Source: hcamag.com ‘These ultimatums can be detrimental to mental health,’ says expert Eight in 10 companies will track employee office attendance in 2024, and 95% of companies say employees will suffer consequences if they don’t comply, with jobs, bonuses, and salaries at risk for those who do not comply, according to a new survey from Resume Builder.

Source: thesafetymag.com What safety leaders can expect in the year ahead   Harassment and workplace violence This continues to be a focus area. In 2023, the International Labor Organization called on member states to eliminate violence and harassment at work and ratify Convention 190 with the aim of protecting workers and other persons from workplace violence and harassment.

Source: www.hcamag.com Decrease comes from changes to Canada Pension Plan and federal Employment Insurance Take-home income will decrease across Canada next month, due to Canada Pension Plan and federal Employment Insurance (EI) changes. These changes were outlined by the Canada Employment Insurance Commission in its summary of the 2024 Actuarial Report on the Employment Insurance Premium Rate.

Source: www.ctvnews.ca There will likely be more Canadians leaving the workforce than entering it over the next few decades as the country’s senior population grows, according to new data from Statistics Canada. Experts say this will not only exacerbate existing labour shortages, but could result in higher wages for employees.

Source: www.forbes.com Merriam-Webster’s Word of the Year for 2023 is “Authentic.” When it comes to advancing your career and standing out in the ever-competitive market, experience and skills are only part of the equation.