TORONTO, April 5, 2018 – Canadian employers are working harder and spending more to recruit and retain recent post-secondary graduates in an increasingly competitive labour market, a new report indicates.
Based on responses from hiring managers at 95 of Canada’s largest companies, the study by Morneau Shepell found that:
The findings are based on a survey of 95 leading Canadian companies by Morneau Shepell in cooperation with the Business Council of Canada. Copies of the report — “Navigating Change: 2018 Business Council Skills Survey” — are available here.
“Businesses today operate in a highly complex, rapidly changing environment,” said The Honourable John Manley, President and Chief Executive Officer of the Business Council of Canada. “The survey shows that Canadian companies are stepping up their efforts to hire graduates with a high level of technical capabilities as well as strong human skills such as the ability to collaborate and work in teams.”
“Companies are facing unprecedented competition and disruption,” said Stephen Liptrap, President and CEO of Morneau Shepell. “They either adapt or they die. The 2018 Business Council of Canada Skills Survey clearly points to the importance of a diverse workforce that’s well-equipped with the human skills required to succeed in this rapidly changing economy. I’m very pleased to see Canadian companies supporting employees during this time of change by investing in workplace training programs and committing to healthier workplaces.”
About the Business Council of Canada
The Business Council is a non-profit, non-partisan organization composed of the chief executives of Canada’s leading enterprises, representing every region and sector of the economy. The Council’s 150 member companies employ 1.7 million Canadians, account for more than half the value of the Toronto Stock Exchange, contribute the largest share of federal corporate taxes, and are responsible for most of Canada’s exports, corporate philanthropy, and private-sector investments in research and development.
About Morneau Shepell
Morneau Shepell (TSX: MSI), is the only human resources consulting and technology company that takes an integrated approach to employee assistance, health, benefits and retirement needs. The Company is the leading provider of employee and family assistance programs, the largest administrator of retirement and benefits plans and the largest provider of integrated absence management solutions in Canada. With more than 4,000 employees in offices across North America, Morneau Shepell provides services to approximately 20,000 organizations across Canada, in the United States and around the globe.