1、CANADA SALARY&HIRING TRENDS GUIDE 2025:The great stagnationhays.ca2Introduction|Hiring Trends|Salaries&Rates|About UsCONTENTSMethodologyThe Canada 2025 Salary Guide&Hiring Trends,based on a survey of 6,588 participants conducted in September 2024,provides key insights into the labour market.It highl
2、ights factors affecting employee satisfaction and motivation,and the evolving workplace paradigms.The guide also notes the increasing difficulty organizations face in attracting new talent,the critical need for reskilling due to stagnation,and the importance of pay transparency in building trust and
3、 fairness within the workforce.INTRODUCTION Balancing profit and progress The missing middle recruitment challenge So what?Transparency in the workplace:Addressing fairness and equity Lets talk about compensation in 2024 And how about pay in 2025 Advocating for pay transparency:Ensuring fairness and
4、 trust in the workplace Employees feel like they are stagnating The need for development and growth opportunities Aligning skills:Bridging employee and organizational needs From stagnation to innovation:Revitalizing the workforceThe era of the Great Resignation has now evolved into what many are cal
5、ling the Great Stagnation.Employees goals and aspirations have largely gone unmet.Despite their hopes,wages have not increased to the levels they desire,and career progression has stalled.Opportunities for advancement seem scarce,and employers are not investing sufficiently in their development.Whil
6、e the wave of mass layoffs has receded,there hasnt been a corresponding surge in hiring.Company headcounts remain stagnant,and earnings are substantial but not translating into growth.This is the reality of the Great Stagnation.For employers,this situation is somewhat better than the turmoil of the
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