Rising discontent over pay and stress has most sought new roles, says Hays report
A report reveals that 71 percent of Canadian workers are contemplating leaving their jobs in search of better opportunities this year, as highlighted by BNN Bloomberg.
According to the recruitment firm Hays, this sentiment could intensify if the economy and unemployment rates show improvement, prompting even more individuals to seek new employment.
The findings from Hays indicate a significant increase in workplace stress among Canadian employees, with more than half reporting higher stress levels this year compared to last.
Furthermore, nearly half of the workforce is feeling unmotivated to work, underscoring a rising issue of workplace dissatisfaction.
The survey conducted by Hays describes an “alarming” level of discontent among workers, primarily due to dissatisfaction with pay, job roles, and benefits. Employers are currently facing challenges in retaining and motivating their workforce, which has become increasingly demoralized and disengaged, largely because of wages that do not keep pace with inflation.
Beyond just a salary increase, Hays emphasizes that workers are seeking additional benefits and incentives to remain engaged in their roles. These include more vacation days, opportunities for professional development, and prospects for promotions.
This report serves as a wake-up call for employers to reassess how they can better meet the needs and expectations of their employees to foster a more motivated and committed workforce.
