It’s no secret that the modern work landscape has undergone significant changes, but recent findings from the EY 2023 Work Reimagined Survey suggest that employers and employees may be viewing this landscape from starkly different vantage points.
Here’s a deep dive into the evolving Canadian work culture and why employers might be underestimating the fluidity of the labor market.
A startling revelation from the EY survey indicates that a quarter of Canadian employees are thinking about quitting within the next year. This intent is most pronounced among the Gen Z and millennial populations.
While employers seem laser-focused on attracting (36%) and retaining (32%) talent, they may be miscalculating the factors that influence these decisions. A notable 57% of employers believe that a sluggish economic growth reduces an employee’s intent to quit, yet a lesser proportion of employees agree with this sentiment.
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• Do I get severance pay if I quit?
• WATCH: Forced resignation rights in Canada
• Rights in Ontario when recruited by another company
Work flexibility has become synonymous with modern work culture. With 45% of traditionally office-based employees expressing a preference for full-time remote positions, the appeal is clear.
However, there’s a gaping chasm between employee aspirations and employer offerings. Despite the push for remote work, a significant 56% of...
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