As the Canadian labor market slows and living costs rise, compensation and benefits are becoming crucial in attracting top talent. Our 2024 research reveals a noticeable gap between employer offerings and employee expectations. Bridging this gap is vital for companies aiming to excel in today’s competitive environment.
Shifting talent expectations are exacerbating the growing skills gap. In this challenging landscape, a strategic and comprehensive compensation plan is your best defense.
Moreover, crafting a compensation strategy that balances budget constraints while attracting top talent can be challenging. To achieve this, you need a comprehensive talent framework that aligns with your business growth objectives. Additionally, understanding the changing labor market and current talent trends is crucial.
Partnering with experts in the talent landscape can simplify your recruitment efforts. Our consultants provide a strategic compensation framework to help you attract and retain the talent essential for your long-term success. Explore how our consultants can assist you in building a robust compensation strategy.
observe compensation trends
Economic growth often leads to increased housing prices and inflation, which in turn pushes global compensation trends higher across various sectors. Monitoring these changes helps you stay ahead of shifting employee expectations. Additionally, you can develop a compensation strategy aligned with the industry benchmarks, if you’re observant of the global talent trends.
discover the 2025 salary guide
Our 2025 salary guide is a powerful tool for developing a recruitment strategy that aligns with your growth objectives and the evolving talent landscape. You'll find:
- National averages for the top in demand roles in each industry
- Salaries defined for entry, intermediate, and senior experience levels
- Key trends shaping industries in 2025
In an era where AI and automation reshape the global talent landscape, employers are seeking candidates with distinctive skills. However, to attract and retain exceptional talent, you must showcase your value as a leading employer by highlighting the benefits and culture you offer, rather than just focusing on experience.
Our 2024 research points to the expansion of the gig economy, creating a more diverse and fragmented workforce. Stand out by crafting a compelling compensation and benefits strategy that underscores your commitment to a thriving organizational culture.
Our 2025 salary guide delivers a thorough breakdown of salary ranges from low to high, assisting you in designing compensation frameworks aligned with global benchmarks. As our 2024 research indicates, the changing global business environment will heavily influence future salary budgets. Consider this broader perspective to ensure your compensation strategy aligns with your growth goals.
randstad can help you strike the right balance
Randstad’s team of industry experts, backed by comprehensive market insights, is prepared to help you tackle the dynamic talent landscape. Collaborate with us to design a competitive compensation strategy that not only attracts top talent but is also driven by precise, data-informed insights.
