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Filling the Gaps: Recruitment and Retention of Top Talent in Canada The Conference Board of Canada, 74 pages, August 31, 2015 Report by Sorin Cohn , Bruce Good

Filling the Gaps: Recruitment and Retention of Top Talent in Canada

The Conference Board of Canada, 74 pages, August 31, 2015
Report by Sorin Cohn , Bruce Good

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This report examines the reasons why some organizations experience recruitment and retention challenges and considers the reasons why other organizations do not face such difficulties. Document Highlights Recruiting and retaining top talent is consistently among the top human resources priorities within Canadian organizations. Filling the Gaps examines the reasons why some organizations experience recruitment and retention challenges and considers the reasons why other organizations do not face such difficulties. The report has two main purposes: the first is to provide clarity regarding current recruitment and retention needs among Canadian organizations. The second purpose is to present an overview of methods being used within Canadian organizations to address these needs, and to measure the perceived effectiveness of these methods. The report quantifies and analyzes recruitment and retention challenges using data from The Conference Board of Canada's 2015 Compensation Planning Outlook survey of 382 predominantly large and medium-sized organizations. Table of Contents Executive Summary Chapter 1—Introduction Chapter 2—Recruitment and Retention Challenges in Canada Recruitment Concerns Retention Concerns Top Rewards Priorities Turnover Chapter 3—Origins of Recruitment and Retention Challenges Main Reasons for Recruitment Challenges Main Reasons for Retention Challenges Why Are Some Organizations Successful at Recruiting and Retaining Talent? Elements of Recruitment and Retention Challenges Chapter 4—Rewards Strategies for Recruitment and Retention—What’s Working and What’s Not Use of Rewards Strategies Types of Rewards Strategies Used Recruitment and Retention During Workforce Reductions Conclusions Appendix A—Additional Detailed Tables Appendix B—Bibliography

This report examines the reasons why some organizations experience recruitment and retention challenges and considers the reasons why other organizations do not face such difficulties.

Document Highlights

Recruiting and retaining top talent is consistently among the top human resources priorities within Canadian organizations. Filling the Gaps examines the reasons why some organizations experience recruitment and retention challenges and considers the reasons why other organizations do not face such difficulties. The report has two main purposes: the first is to provide clarity regarding current recruitment and retention needs among Canadian organizations. The second purpose is to present an overview of methods being used within Canadian organizations to address these needs, and to measure the perceived effectiveness of these methods. The report quantifies and analyzes recruitment and retention challenges using data from The Conference Board of Canada's 2015 Compensation Planning Outlook survey of 382 predominantly large and medium-sized organizations.

Executive Summary

Chapter 1—Introduction

Chapter 2—Recruitment and Retention Challenges in Canada

Recruitment Concerns
Retention Concerns
Top Rewards Priorities
Turnover

Chapter 3—Origins of Recruitment and Retention Challenges

Main Reasons for Recruitment Challenges
Main Reasons for Retention Challenges
Why Are Some Organizations Successful at Recruiting and Retaining Talent?
Elements of Recruitment and Retention Challenges

Chapter 4—Rewards Strategies for Recruitment and Retention—What’s Working and What’s Not

Use of Rewards Strategies
Types of Rewards Strategies Used
Recruitment and Retention During Workforce Reductions
Conclusions

Appendix A—Additional Detailed Tables

Appendix B—Bibliography

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