Canada Post Strike: "Are Canadians Employees Amongst The Most Dissatisfied Employess in World?"
Low Morale: The general working population in Canada is the most unsatisfied class of people in the world. The ratio has risen from 26 per cent in 2006, who were generally dissatisfied with working conditions to around 36 per cent as of today.
The working population is generally unhappy about the working conditions and the stingy ways of Canadian employers. With more and more people either firmly deciding to quit their jobs or are ambivalent about staying on, this picture presents a grim future for the economy and the country as a whole.
Cutback on expenditure…and welfare: What can be ascertained as the main reasons for this feeling of resentment and an overall low level of motivation towards continuing their jobs are an employment deal involving lesser focus on payouts related to productivity, rarer opportunities and negligible windows of possible training. Other reasons for this shift in attitude could be blamed on the pay freezes, lesser merited increases and promotions, global consulting firm Mercier confirmed.
"Mercer believes that the potential business consequences of this erosion in employee sentiment are significant and need to be addressed if Canadian employers want to hang on to valued talent and minimize any productivity or morale issues among workers who remain," said Madeline Avedon, the company's human capital principal.
Global findings: The survey that threw up this figure was carried out in different countries and involved 30,000 workers; out of which 2000 were from Canada. The study concluded that base pay was considered the most important factor by a majority of the employers, whereas of the workers, just a shade above half responded with a favorable response towards base pay being the only thing that was important.
Avedon is of the opinion that the impact of this study goes much beyond employee turnover. She went to on to say that Canadian employees, in particular, feel they contribute more when they produce quality in whatever it is that they do. And with the present scenario, they feel that they are let down by the employers. "Diminished respect for and lack of confidence in an organization can undermine the innovation and productivity gains businesses rely on from their workforces," she said.
Employers were also surveyed in the study. Although the overall score did remain low, they have credited the employees for improvement in the areas that were a part of the survey.
Repercussions could possibly lead to vicious circle: The data that came out from the survey showed that there is a high degree of correlation between performance management and a highly engaged workforce. Employees who did receive performance review in the previous year are more positive about the organization’s ability to manage and nurture talent.