{"id":244725,"date":"2022-10-31T15:17:52","date_gmt":"2022-10-31T15:17:52","guid":{"rendered":"https:\/\/azur.skilledworker.com\/?p=244725"},"modified":"2022-10-31T15:17:52","modified_gmt":"2022-10-31T15:17:52","slug":"attraction-strategies-for-your-2022-hiring-plans-salary-increases-signing-bonuses-dei-and-more","status":"publish","type":"post","link":"https:\/\/azur.skilledworker.com\/attraction-strategies-for-your-2022-hiring-plans-salary-increases-signing-bonuses-dei-and-more\/","title":{"rendered":"Attraction Strategies for your 2022 Hiring Plans: Salary Increases, Signing Bonuses, DEI and More"},"content":{"rendered":"
With restrictions across the country easing up<\/a> and the economy entering a recovery period, we are well set to experience a hiring boom. In a candidate-focused labour market (similar to the one we currently have), employers must expand their toolbox if they aim to attract the best talent. Employers across the board are raising<\/a> salaries due to inflation and the current state of the labour market; however, simply sticking to this tried-and-tested method of days gone by is not enough anymore. In this newer, post-COVID workplace, it\u2019s time to start revising your employee attraction strategy.<\/p>\n Based on information from a recent survey, the hiring boom is set to start in the first half of 2022, with 49% of Canadian senior managers<\/a> aiming to add permanent positions in the foreseeable future. To make sure they are filling those roles with the best available talent, employers are looking to woo candidates through promises of remote work options, increased starting salaries, reduced education requirements and credentialism, signing bonuses, and more vacation time. Many of these strategies seem to match with what American firms are planning to attract premier candidates<\/a>, and intuitively, it makes sense; where you work, how much money you make, and the removal of unnecessary credentials should bring you an influx of candidates. But what are some specific examples of the new strategies that can be used to attract talent?<\/p>\n HOOP, or the Healthcare of Ontario Pension Plan<\/i>, is one of Ontario\u2019s most notable employers. They are trying to attract talent by investing in introducing Diversity, Equity and Inclusion (DEI) initiatives<\/a> through listening sessions; in these, the pension\u2019s executive team can learn about the challenges from those who are a part of historically underrepresented groups. Through the information gained from these sessions, as well as collecting data within their organizations to measure DEI, HOOP is trying to become a more welcoming place for their own employees and potential talent outside the organization. It is investing in its reputation and culture through DEI, which can prove to be a powerful recruiting asset.<\/p>\n This past November, The Globe and Mail<\/i> released its annual list of <\/i>Canada\u2019s Top 100 Employers.<\/i><\/a> Being part of such a prestigious list is a robust attraction tool. Still, the content of the list can give employers ideas on how to attract the best of the best. The selection process of Canada\u2019s Top 100 Employers<\/i> involves the team examining a company\u2019s physical workplace, work atmosphere, health, finance and family benefits, vacation, employee communications, performance management, training skills and development and community involvement.<\/p>\n \u00a0<\/span>Of course, making a workplace an attractive destination involves working on all those areas. However, when it comes to the hiring process, benefits, vacation, and the physical workplace are likely the most relevant, because they are more tangibly experienced during the hiring process. By looking at the list, one can observe how Canada\u2019s best employers can attract talent. The Bank of Canada<\/i><\/a>, for example, provides flexible working arrangements. They received an \u201cA\u201d for financial benefits and compensation, offering a defined-benefit pension, singing bonuses to some positions, and year-end bonuses to all employees. The Bank of Canada<\/i> also provides relocation costs for new hires, which most likely help attract talent from across the country.<\/p>\nWhat are employers doing to attract talent?<\/h3>\n
Diversity, Equity, and Inclusion (DEI) can bring you talent<\/h3>\n
What makes Canada\u2019s best employers an excellent destination for talent?<\/h3>\n