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SOURCE Lannick Group of Companies
Executives must take responsibility to stop the revolving door of employee turn-over
TORONTO, June 26, 2014 /CNW/ - In an economic climate where organizations must strategically balance their budgets while satisfying their employees, a recent workplace survey generated by Lannick Group of Companies reveals that while businesses in the Greater Toronto Area (GTA) have come a long way, there is still progress to be made. Many employers assume all hiring flaws come from unreliable individuals, but companies are failing to address the real reasons why recruitment and retention are on-going issues.
"The survey shows a severe disconnect between what employers know – that talent attraction and retention is vitally important to the strength of a company – and what employers are willing to do to address their workplace satisfaction issues," said Peter Jeewan, President & CEO of Lannick Group. "Companies must be willing to invest time and money in the unique skills that every individual brings to the organization. A happy and dedicated workforce will ultimately increase productivity and excel your business."
Management and executive-level employers across all industries in the GTA identified workplace trends faced by Canadian Companies today.
Key survey findings include:
Canadian companies are taking advantage of the current economic climate: almost 30 per cent of executives are lessening their measures to retain talent simply because the market is currently employer versus employee-driven. The time is now for employers to take action – a happy employee is an effective employee.
What can organizations do to strengthen their business by addressing workplace satisfaction?
LANNICK GROUP'S 2014 WORKPLACE SURVEY
FACT SHEET - June 25, 2014
About the Survey
Results were collected via a prominent third-party web-based survey application over a three day period in June 2014. The 417 survey respondents are GTA-based chief executive officers, vice presidents, managers, controllers and directors at companies representing all industries with the majority working within the banking, manufacturing, financial services and insurance sectors. More than half (53.7 per cent) of survey respondents are employed by companies with annual revenues in excess of $100 million.
About the Lannick Group of Companies
Founded in 1985, the Lannick Group of Companies has grown into the premier professional recruitment and staffing firm in the Greater Toronto Area. Lannick Group includes Lannick Finance & Accounting, which recruits finance & accounting professionals for mid- to senior-level permanent and contract roles; Pro Count Staffing, which places non-managerial to managerial-level finance & accounting professionals in temporary and permanent roles; and Lannick Technology, which specializes in providing technology professionals at all levels and roles on a contract, contract-to-hire and permanent basis. With 100 employees working in Toronto, Mississauga, North York and Ottawa offices, the privately held firm is proudly Canadian owned and operated. Learn more at www.lannickgroup.com.
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