Firms in good position to attract new talent
The amount of Canadian workers actively looking for a new job has increased over the last quarter, according to Randstad's latest labour mobility index.
Overall, compared to third quarter results, the mobility index has risen from 103 to 105 points (levels last seen in the first and second quarters of 2011). This increase indicates more employees worldwide expect to be employed elsewhere over the next six months, said Randstad.
In a global context, no other country has experienced greater movement in the labour market in the fourth quarter as Canada has, with an increase of 12 points over the last quarter. Belgium (up eight points) Switzerland (up five points) and Argentina (up five points) have also seen an increase while Singapore (down seven points) has experienced a decline in the fourth quarter, found the index.
Randstad's employee mobility index tracks changes in the expectation of workers to be employed elsewhere over the next six months as part of the Randstad Workmonitor which surveys at least 400 people from each of the 29 participating countries.
High mobility generates greater opportunities for organizations to attract new talent, said Jan Hein Bax, president of Randstad Canada.
"When employees have an increased willingness to change jobs, it means employers have a strong chance of securing the right talent to suit their organizational objectives,” he said. “We see first-hand the frustrations that many organizations face as they struggle to attract the right talent for their business needs. This task can be particularly difficult when mobility is high and workers are on the move. But the winners in the war for talent will be the organizations that have invested in their recruitment strategies and in their employer brand."
