From candidate attraction to employee retention, establishing competitive pay rates can have a monumental impact on your business. Are you struggling to attract candidates? Adecco has six tips for establishing pay rates and remaining competitive in the labour market.
With the record low unemployment rates Canada has seen in the last year, businesses have been faced with a candidate’s market, featuring strong competition for talent and rising average hourly wages. Even as the unemployment rate begins to cool off, it’s important to keep in mind the importance of low unemployment rates to your recruitment strategy.
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