Companies may find transactional-only relationships with employees won’t work
The early days of the pandemic caused a major disruption in how we work and those ripple effects are still being felt today.
Multiple surveys continue to warn of a mass departure across the Canadian workforce. According to one survey by the Canadian Centre for the Purpose of the Corporation, 42 per cent of Canadian employees say they’re considering changing their job or entire career in the next year.
Recruiting firm Hays, in their annual salary guide found that half of Canadian employees are “seriously considering leaving” their jobs.
Health care has been particularly threatened with massive attrition. In an issue of the Canadian Medical Association Journal (CMAJ), job vacancies in Canada’s health-care sector were up more than 56 per cent from the previous year, while vacancies in the nursing sector increased by 40 per cent to a shortage of 98,700 nurses.
These national polls mirror global data. A Microsoft survey of 30,000 global employees found that 41 per cent are planning to quit or change jobs in the next six months.
In an already competitive market for talent and a skills shortage, this could have a huge effect on the economy. Plus, when it comes to the shortages in healthcare, the community impacts would be catastrophic.