Canadian employees are less loyal to their employers than their global counterparts, and more than three-in-five Canadians have 'wandering eyes', according to findings from the newest Evolution of Work study conducted by the ADP Research Institute®.
The research, which polled more than 5,300 employees and 3,200 employers across 13 countries, showed that only 57 per cent of Canadian employees feel loyal to their employer – well below the global average (70%), and while only one-in-five (20%) are actively looking for new employment opportunities, an additional 43 per cent would be open to a new job.
However, this lack of loyalty isn't for lack of effort. The majority of Canadian employees (75%) understand how they contribute to the success of their company, and nearly as many (71%) want to play an important role in their company. But while eager, they feel undervalued. Only half said the work that they do is purposeful (51%) or valued (47%) – a substantial disconnect from employers, who were more optimistic that employees feel purposeful (65%) and valued (63%) within the organization.
"It's clear there's a substantial disconnect between the employee experience and expectations, and the employer's perception. A disconnect that poses a risk for employers in losing talent and leads employees to look for other job opportunities," said Virginia Brailey, vice president, marketing and strategy, ADP Canada. "Canadian employees are looking for meaning and purpose in their work but they feel the core elements of talent management are out of their control. Organizations that invest in humanizing talent attraction, management and retention stand to benefit from a more engaged, motivated and loyal workforce."
The Evolution of Work 2.0 report also uncovered other unique trends impacting the Canadian workplace:
Attraction, retention and attrition
"By considering the personal connection and meaning of each role for each employee, managers can create an employment journey for staff that is fulfilling, rewarding and beneficial for both the company and the individual," added Brailey. "This will help to both retain talent and drive a stronger bottom line in the short and long term."
An online survey was conducted among 5,330 employees and 3,218 employers across 13 countries in companies of 50+ employees, including 267 employees and 200 employers in Canada. The full findings of the Evolution of Work 2.0 survey are available online at www.adp.ca/EOW2.