Half of Canadian firms plan boost to finance teams in 2022

Overall hiring intentions have strengthened in the last 6 months and financial rewards are growing

Half of Canadian firms plan boost to finance teams in 2022
Steve Randall

Finance professionals are in demand from Canadian companies, along with several other key business professionals.

A new report from Robert Half Canada shows that almost half of firms polled said they intend to increase their headcount in the first half of 2022, up from the previous survey six months ago.

Professionals in the finance function (49%) are required, along with those in human resources (50%), admin& customer support (51%), technology (53%), marketing (57%), and legal (58%).

"Skilled professionals currently have access to more career opportunities and power in the hiring process than ever before," said David King, Canadian senior managing director of Robert Half. "To attract and land top talent, employers need to be active in promoting what makes their company a great place to work. This includes offering comprehensive compensation and benefits packages as well as remote flexibility."

In-demand talent may find higher salaries being offered – 46% of firms said they are increasing starting salaries – and signing bonuses to attract applicants (30%).

Other benefits include increased paid time off and greater flexibility such as working from home or hybrid working.

However, remote working is viewed by employers as giving them greater ‘compensation flexibility’, suggesting professionals keen to work from home may have to compromise on salaries and other financial compensation.

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