Canadian HR Reporter

March 2018 CAN

Canadian HR Reporter is the national journal of human resource management. It features the latest workplace news, HR best practices, employment law commentary and tools and tips for employers to get the most out of their workforce.

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CANADIAN HR REPORTER MARCH 2018 4 HR BY THE NUMBERS Compiled by Marcel Vander Wier 88,000 Decline in number of Canadians working in January. 5.9% Unemployment rate in January, up slightly after falling to a 40-year low of 5.7% in December. 137,000 Reduction in part-time employees in January, while full-time work rose by 49,000. 2.8% Increase in number of hours worked since January 2017. 51,000 Decrease in part-time jobs in Ontario through January. 10.9% Youth unemployment rate in January. 45,000 Fall in employment for core-aged female employees (ages 25-54) in January. 5.1% Increase in self- employment on a year-over-year basis. 289,000 Rise in Canadian workers since January 2017. Source: Statistics Canada Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning Planning ahead Credit: viki2win (Shutterstock) Source: RBC Insurance Canadians aged 55 to 75 are worried they won't have enough money to live a full lifestyle in retirement, according to a survey of 1,000 people. say they will not have enough money in retirement to aff ord the lifestyle they want. 45% worry they will outlive their retirement savings. 62% 45% use RRSPs, 43% use cash and 39% use TFSAs. To save, If leaders want to drive growth and innovation, they must foster a workplace culture that unleashes their employees' creative approach, according to a survey of 500 Canadian business leaders. Enabling 1 4 in say motivating and empowering employees to be their most creative is among their greatest challenges. 88% say technology should be leveraged for success as it helps employees collaborate, regardless of physical location. 55% say it's very important to redesign offi ce spaces to include fewer walls and more collaborative spaces. Source: Microsoft Canada 28.38 They earn what Compiled by Marcel Vander Wier They earn They earn They earn They earn They earn Hourly wage for a librarian at Wilfred Laurier University in Waterloo, Ont. Based on a 40-hour schedule, weekly earnings would total $1,135.04 for an annual salary of $59,022. Daycare programs are available to employees at locations appropriate to Waterloo and Brantford campuses. Credit: GaudiLab (Shutterstock) Source: Canadian Labour Reporter/www.labour-reporter.com goals Setting ere are generational and gender diff erences when it comes to setting and discussing goals, according to a survey of 350 Canadian employees. 88% say goal-setting is important to on-the-job performance. 54% of millennials say goal-setting is very important, compared to 40% of baby boomers. 19% of women never discuss goals with their manager, compared to 9% of men. Credit: ShendArt (Shutterstock) Source: Accountemps Credit: Nikolamirejovska (Shutterstock) matters Money Source: Indeed.com Credit: Aha-Soft (Shutterstock) More than half (52%) of Canadian employees plan to ask for a raise this year, according to a survey of 1,000 workers. 83% are dissatisfi ed with their salaries. 47% are looking for an increase between 6% and 10%. On average, Canadians want to earn $11,883 more per year to live comfortably.

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