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41 per cent of Canadian companies will add to their head count in 2011

2011 hays salary guide

Toronto, ON. May 10, 2011 –  41 per cent of Canadian companies will add to their head count this year, according to a recent survey conducted by Toronto based Hays Specialist Recruitment.
The results of the survey can be found in the 2011 Hays Compensation, Benefits, Recruitment and Retention Guide which provides a Canadian market summary, commentary on hiring trends, and compensation & benefits scales across the Accounting & Finance, IT, Construction, Property& Real Estate, Human Resources, Procurement, Office Support and Mining sectors in Canada.

Rowan O’Grady, president of Hays Canada said today “while the Canadian recruitment landscape is continuing on from a strong end to 2010, the picture varies across the country.” Across Canada, the West will see the greatest hiring activity as 51 per cent of companies in Calgary and 43 per cent in Vancouver expect to be hiring this year as opposed to 37 and 33 per cent in Toronto and Ottawa respectively.
Across industry sectors, IT staff will be in the highest demand as 52 per cent of companies will refill roles which were lost during recession as companies reinvest in previously shelved IT projects. The Construction industry has experienced a ‘correction’ after experiencing exceptional performance in 2009 which was spurred by Canada’s Economic Action Plan, historically low interest rates, the Vancouver Olympics and Feed in Tariff policies which support renewable energy projects. Despite a slight slow down in Construction across Canada in 2011, 49 per cent of employers across Canada expect to add to staff this year, with the greatest concentration in British Columbia and Northern Alberta. Across all sectors, over 70 per cent will be for full time roles with part time, contract and overseas recruitment making up for the remainder.
Salaries will also increase in 2011 as demand for staff increases and the supply of qualified candidates diminishes. Throughout Canada, 53 per cent of raises will receive less than a three percent increase and 43 per cent will see salaries bump up from three to six per cent.
In addition to increased salaries, respondents of the survey indicate that increased benefits will weigh heavily in the retention and attraction of skilled staff and list career growth, vacation, time off in lieu, extended health benefits and paid overtime as the most valued benefits on offer.
Among the survey findings, over 62 per cent of those surveyed witnessed an increase in business activity in the last 12 months and 57 per cent feel that the Canadian economy will continue to improve.
Rowan O’Grady, president of Hays Canada, commented today, “the response to our survey was brilliant this year and we were able to gather some really useful data and industry insight. Last year people were hoping things would continue to improve since the recession” said O’ Grady, ”and these figures certainly point towards another year of positive economic growth in Canada.”
The 74 page Hays Compensation, Benefits, Recruitment and Retention guide offers anticipated salaries across eight industries, commentary on skills in demand, compensation and benefits trends, and a market summary of 2010 and into Q1 of 2011. Copies of the Hays Compensation, Benefits, Recruitment and Retention guide are available at no cost by visiting www.hays.ca/forms/salary-guide-registration.aspx

Hays Specialist Recruitment Canada is a wholly owned subsidiary of Hays plc, which has been at the forefront of the global recruitment industry for over thirty-five years. With annual revenues of over £2.1 billion, Hays Specialist Recruitment is the largest specialist recruitment consultancy in the world.

Please direct all media inquiries to:
Chris Moore
Marketing Manager – North America
cmoore@hays.ca
+1.416.367.4297 x331

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