Workplace Recovery, Job Offers and Alternative Work Arrangements
From hourly workers and administrative employees to senior management: the Third Annual RT Employment Survey shows that Ontario companies expect to hire more workers in the third quarter and to the end of 2010, a trend that began in the second quarter of this year.
The survey also indicates companies will be looking to hire full-time permanent employees. Fully 84.7% of respondents indicate they are looking for full-time workers versus part-time at 28% or short-term or project specific contracts at 38.9%.
“Our survey indicates that not only are employers re-hiring workers who were terminated during the recession (57.1%) but offering compensation at pre-recession levels (61.1%),” said Janice Rubin. “This finding is noteworthy given general concerns about the strength of the economic recovery.”
Adds Ms. Rubin, “Last year at this time our survey results indicated that uncertainty and low morale dominated the workplace environment. This year employers appear to be looking at an expanded pool of experienced candidates and keeping their eye out for good talent as more employees feel secure in looking for new opportunities.”
The survey also indicates that the internet is playing a larger role in recruitment. More than half of the employers who responded (52.5%) will be using both the internet and company websites (59.6%) to find new employees. Social networking sites (12.1%) are also another avenue that employers are using to find new talent. Recruiters or employment agencies were cited by 40.4%.
As for lessons learned from the recession, Ms. Rubin cited the value of anticipating the possibility of terminating employees at the outset of the employment relationship by using employment contracts. “If the termination cost is known at the outset, it is easier to manage in the event of an economic downturn.”
The Third Annual RT Employment Survey 2010 was conducted between July 12 – 26, 2010.