[Canada] Job switchers earning more than 'job stayers'

In Canada, new research has revealed that HR professionals and employers who fail to address the widening gap between compensation for job switchers and the loyal employees who are 'job stayers' risk losing top talent, HR Reporter reports.

The data, from ADP Canada, shows base pay for job stayers rose just 3.0 per cent year-over-year in August, compared with 5.6 per cent for job switchers.

The research, reportedly drawn from the anonymised payroll data of roughly 1.6 million Canadian workers, tracked monthly through a matched sample over a rolling 12-month period.

According to ADP’s report, on a gross pay basis (which includes overtime and bonuses), the divide widened further with job-stayers seeing gross pay rise 4.4 per cent, compared with 9.6 per cent for job switchers.

Base pay growth for job stayers across most sectors clustered near the 3.0 per cent national median, the report found, with education and health services seeing the highest increase at 3.3 per cent, followed by professional and business services and manufacturing at 3.2 per cent each.

Provincial results reportedly had a wider variance, with Prince Edward Island leading the country at 4.2 per cent, followed by Nova Scotia at 3.7 per cent and New Brunswick at 3.5 per cent.

Yukon recorded the lowest increase at 2.5 per cent, the report said, while Ontario, Alberta, British Columbia, Manitoba, Newfoundland and Labrador, and Saskatchewan all matched the 3.0 per cent median. Quebec stood just above it at 3.2 per cent

Source: HR Reporter

In Canada, new research has revealed that HR professionals and employers who fail to address the widening gap between compensation for job switchers and the loyal employees who are 'job stayers' risk losing top talent, HR Reporter reports.

The data, from ADP Canada, shows base pay for job stayers rose just 3.0 per cent year-over-year in August, compared with 5.6 per cent for job switchers.

The research, reportedly drawn from the anonymised payroll data of roughly 1.6 million Canadian workers, tracked monthly through a matched sample over a rolling 12-month period.

According to ADP’s report, on a gross pay basis (which includes overtime and bonuses), the divide widened further with job-stayers seeing gross pay rise 4.4 per cent, compared with 9.6 per cent for job switchers.

Base pay growth for job stayers across most sectors clustered near the 3.0 per cent national median, the report found, with education and health services seeing the highest increase at 3.3 per cent, followed by professional and business services and manufacturing at 3.2 per cent each.

Provincial results reportedly had a wider variance, with Prince Edward Island leading the country at 4.2 per cent, followed by Nova Scotia at 3.7 per cent and New Brunswick at 3.5 per cent.

Yukon recorded the lowest increase at 2.5 per cent, the report said, while Ontario, Alberta, British Columbia, Manitoba, Newfoundland and Labrador, and Saskatchewan all matched the 3.0 per cent median. Quebec stood just above it at 3.2 per cent

Source: HR Reporter