Promotions? Pay rises? Perks? It's all on the table in the Great Resignation
On International Women’s Day, employers are reminded of the importance of recognizing the challenges and the successes of women across the globe. In the current Canadian talent market, where candidates hold all the power, it’s more important than ever for employers to attract much-needed diverse talent.
HRD spoke to Sandra Lavoy, regional director, Robert Half Canada, who revealed how HR leaders can place an onus on female talent not only this month but always.
“With the need for skilled workers at an all-time high, female professionals have more options and negotiating power than ever before,” she told HRD. “Many are reevaluating what they deserve when it comes to compensation and advancement and are willing to change jobs in order to get what they want. There is also a strong desire for flexibility and employers who offer fully remote, or hybrid job opportunities will ultimately gain access to a wider talent pool.”
Read more: This CEO is against the four-day work week – and maybe HR should be too
A recent report from Robert Half found that 70% of women would leave their current job for one with a significant salary bump – with 54% calling for a promotion as the next step in their career. Thanks to the current talent shortage, employers are having to work much harder to plug the skills gap. Overnight digitization and remote working models have opened up a global talent pool – one in which employees can pick and chose how, where, and when they work. With that in mind, 60% of female employees are interested in fully remote positions and, amongst women working from home, 85% feel remote workers at their company have equal or more opportunities for promotions compared to their in-office counterparts.
So, where does this leave HR leaders fighting turnover?
“When it comes to attracting and retaining top female talent, organizations that offer employees the opportunity to build a schedule that works best for them and their family will demonstrate trust in their teams, which can go a long way to boosting morale, engagement, loyalty and productivity,” added Lavoy. “Ultimately, flexible work schedules and windowed working allow organizations to empower women to balance professional demands with personal commitments, while creating a positive workplace culture and employee experience.”
How are you celebrating International Women’s Day? Tell us in the comments.
