Job seekers will be in the driving seat and many can expect signing bonuses in the second half of 2021
There are further signs of recovery for the Canadian economy with hiring intentions looking positive.
New data from Robert Half Canada reveals that 43% of the senior managers in finance, technology, marketing, legal, administrative support, and human resources at Canadian companies (20+ employees) intend to add new positions in the second half of 2021.
And with demand for talent clashing with a shortage of skills, it should be a job-seekers’ market with companies willing to go the extra mile to secure the talent they need.
Four in ten respondents said they would offer more paid time off and a similar share will offer better job titles. Many new hires can expect extra cash in their pockets at the start of their new job too, with 35% of companies offering signing bonuses.
"As the Canadian economy emerges from months of pandemic restrictions, hiring is top of mind for many employers, but the ability to find skilled candidates remains a challenge," said David King, Canadian senior district president of Robert Half. "As job seekers grow more confident in the labour market and their career prospects, employers need to not only meet, but exceed, expectations in order to attract top talent."
Compromise
Some senior managers are willing to overlook certifications (9%) and soft skills (10%) when recruiting for hard-to-fill roles. The qualifications they are most willing to bend on include years of experience and an advanced degree (tied at 21%).
