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A Leader’s Guide to Boosting Employee Engagement and Motivation

Source: www.entrepreneur.com Discussing the importance of employee engagement and motivation for an organization’s success and effective strategies for enhancing them. Key Takeaways Employee engagement leads to higher productivity, superior customer service and better retention rates. Key factors influencing motivation include job satisfaction, recognition, work-life balance and alignment of personal and organizational values. Effective strategies for boosting engagement and motivation include fostering a culture of recognition, enhancing communication, providing growth opportunities and promoting work-life harmony. In today’s fast-paced business environment, employees’ engagement and motivation are crucial to an organization’s success. As leaders, it’s important to understand not only the importance of fostering these elements but also the strategies that can significantly improve them. Employee engagement is the emotional commitment an employee has toward their organization and its goals. This commitment leads to a work ethic that contributes to an organization’s success.   Read more of this article…

32% of Canadian SMEs facing challenges in attracting employees: survey

Source: benefitscanada.com Nearly a third (32 per cent) of Canadian small- and medium-sized employers are currently facing challenges in attracting employees, according to a new survey by ADP Canada. The survey, which polled more than 750 Canadian business decision-makers and employees from SMEs, found, among those that reported difficulty attracting and retaining talent, 69 per cent said they’re taking action to combat it, including with compensation (29 per cent), flexibility (26 per cent) and increased benefits (20 per cent). However, 49 per cent reported not feeling worried about their ability to compete. Indeed, 21 per cent of SMEs cited having to let employees go due to inflation. More than half (53 per cent) reported feeling negatively about the Canadian economy and 19 per cent said the current economy was a primary source of stress. Notably, 47 per cent of respondents said they still feel optimistic, despite the current economic climate.   Read more of this article…

How Leaders Can Retain Talent With Strategic Employee Engagement

Source: forbes.com A looming talent shortage poses a significant challenge for organizations worldwide. Recent statistics are a wake-up call for every business leader: The Bureau of Labor Statistics (BLS) reported that the U.S. economy added 303,000 jobs in March 2024, marking an acceleration in the pace of hiring.

The Fallacy Of Work-Life Balance

Source: forbes.com For decades, the term “work-life balance” has been touted as the ideal state that all professionals should strive for—a harmonious equilibrium between the demands of work and the joys of life.

Canada unexpectedly added 90,000 jobs in April, though unemployment stayed flat at 6.1%

Source: cbc.ca StatsCan’s monthly Labour Force Survey shows employment rate steady after 6 months of declines The Canadian economy gained 90,000 jobs in April, much higher than the average of 20,000 jobs many economists were predicting for the latest Labour Force Survey numbers from Statistics Canada.

It’s not business: 5 most in-demand careers in Canada

Source: studyinternational.com The natural move to make after graduating from university is to secure yourself a job, and if you’re an international student in Canada, your career prospects aren’t looking too shabby.

Why Do Employee Engagement Initiatives Fail?

Source: psychologytoday.com Exploring the problems and solutions of managing employee engagement. Let’s start with a harsh reality—despite billions spent annually on employee engagement surveys, initiatives, and consultants, most companies are still struggling with disengaged workers.

7 in 10 employees would like to update their skills more often

Source: hcamag.com While level of satisfaction when it comes to training opportunities is high, that has dropped since 2020, finds report Employees are feeling the need to update their skills amid the changing landscape of work, according to a recent report.

Leadership transparency alone doesn’t guarantee employees will speak up in the workplace

Source: theconversation.com Leaders are often encouraged to be open, authentic and vulnerable at work. Employees are similarly told their voices matter in the workplace and to speak up when they need to. But, being open and honest at work is not always as straightforward as these messages suggest.

Over 2 in 5 young workers want to retire before 55

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.

Soft skills, preparation can help new graduates land jobs, experts say

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.

Shortage of skilled tradespeople is hitting all Canadians in the pocketbook, economists say

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.

3 Ways To Exude Confidence As A Leader

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.

The 3 biggest red flags hiring managers look for in resumes, according to new research

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.

Almost half of Canadians know little to nothing about AI: survey

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.

Nearly a quarter of Canadian workers don’t view their workplace as supportive: survey

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.

Canadian employees in these sectors could get substantial pay increases this year

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.

What employers need to know about determining remote workers’ province of employment

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.

Nearly half of women in Canada report workplace harassment: StatCan

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.

How to maximize employee engagement without spending more on benefits

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.

Demand rises for AI, leadership, and IT certification skills – report

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.

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