The latest insight on the state of employment in Canada from Express Employment Professionals.
Canadian Companies Bracing for Hiring Challenges in 2024, Including Higher Pay Demands and Skills Mismatch
The vast majority of Canadian companies (89%) expect to face challenges when it comes to hiring in 2024, according to a new survey from The Harris Poll commissioned by Express Employment Professionals.
While half of Canadian companies plan to increase their employee count in the first half of this year, they also expect a litany of hiring obstacles. The most commonly cited obstacle being difficulty in finding qualified candidates (45%), followed by increased job market competition (25%), uncompetitive pay (24%), the available talent pool not matching their needs (23%), and uncompetitive benefits (21%). Read more.
Half of Canadian Companies Plan to Increase Employee Count in the First Half of 2024.
Most Canadian hiring managers (70%) report a positive hiring outlook for the first half of 2024, citing feelings of optimism (39%), confidence (34%) and hopefulness (32%).
Nearly half of companies (49%) plan to increase their number of employees in the first half of this year, in line with the same period last year (49%), but up from the first half of 2022 (44%). Read more.
For more employment and workplace news and insight, visit ExpressPros.com/CanadaEmployed.
