Right now, more than nine in 10 professionals (92 per cent) are concerned about inflation outpacing salary growth, while 51 per cent report feeling underpaid. One-third of workers say they’ll look for a new role if their employer does not raise their salary.
Canadian employers are expected to lower their overall salary increase budgets in 2025, according to a previous report.
“Employers who don’t streamline their hiring processes and pick up the pace of hiring for crucial roles risk paying a price,” says Robert Half.
Managers report long hiring cycles are leading to high turnover due to:
The money issue is not the only challenge to employers’ hiring work: flexibility is also important. Over two in five (44 per cent) of workers prefer two to three days per week at the office, while employers would on average prefer their teams in office four days per week, says Robert Half.