The job market for Class of 2013 business graduates, particularly those with graduate-level degrees, may be looking up, according to a Graduate Management Admission Council survey of 201 employers. 76% of respondents in the 2012 Year-End Poll of Employers expect to hire new MBA graduates in 2013.
At a glance: Fewer than four in 10 employers (37%) say their employees understand how they can influence their careers. A reported 41% of organizations have problems retaining critical-skill employees, and the percentages have been trending upward the last four years. Nearly one-quarter of organizations give bonuses to employees who fail to meet expectations — and close to two in 10 give employees the same bonus regardless of individual performance.
Inequality – now at its highest level in decades in many countries – undermines economic growth and well-being, says a new OECD report. But policies to tackle the widening gap between rich and poor will only succeed if they also look beyond income and address better access to high-quality education, health care and public infrastructure, it adds.
The annual level of immigration is one of the most critical components of a country’s immigration policy. It is difficult to directly compare the costs and benefits of changing immigration levels because immigration can serve multiple goals. However, some narrowly-defined effects can be empirically assessed. This study considers solely the potential influence of immigration levels on immigrant entry earnings. This study focuses on the effect of immigration levels on one aspect of immigrants’ labour market outcomes their entry earnings, i.e., earnings during the first two full years in Canada. An increase in labour supply – that is, a larger immigrant entering cohort – could increase competition for the types of jobs sought by entering immigrants and place downward pressure on wages for immigrants arriving in that cohort.
Benchmarking Benefits 2012 summarizes the results of The Conference Board of Canada’s 2012 employer-sponsored benefit program survey. A questionnaire was sent to 2,344 senior-level HR practitioners. The recipients were predominantly from medium-sized and large Canadian organizations operating in a variety of regions and sectors. Between February and April 2012, practitioners from a total of 356 organizations responded to the survey, representing a 15 per cent response rate. The report provides sound data that will enable Canadian employers to benchmark themselves against their peers and other organizations that they compete with for talent.
The Report compiles information regarding the new graduate recruitment practices of employers throughout Canada, detailing full-time and co-op/internship hiring and the average salaries new graduates received.
The CACEE Campus Recruitment and Benchmark Survey – 2012 is a compilation of information regarding the new graduate recruitment practices of employers throughout Canada.
This is the first release of data from the new Canadian Income Survey (CIS). It is based on annual income information for 2012 reference year. Median after-tax income of Canadian families of two or more people was $71,700 in 2012. Four provinces, Ontario, Saskatchewan, Alberta and British Columbia, saw families of two or more people with higher median after-tax income than for Canada as a whole. Families in Alberta had the highest median ($92,300), followed by Saskatchewan ($77,300), Ontario ($73,700) and British Columbia ($72,200). Families in Alberta not only had the highest median after-tax income, they also had the highest median market income at $102,700. Since the tax system is directly tied to income earned and some transfers are tied to income, families in the province also had the highest median income tax paid ($15,600) and the lowest median government transfers ($2,400). This was also the case for unattached individuals, as those in Alberta had the highest median after-tax income ($36,500), market income ($37,000) and income tax paid ($4,300). They also had the lowest median government transfers ($400).
The median after-tax income of Canadian economic families and persons not in an economic family was $53,500 in 2013, virtually unchanged from 2012.
From 1976 to 2010, Canadian real median income rose by just 6.3% (Chart 1).1 The modest increase in spending power—less than 0.2% per annum—was despite decent growth in the economy (2.7% per annum) and rising employment and participation rates. Comparable data for the United States show that income grew about fourtimes faster than in Canada (0.7% per annum). Moreover, if not for rising pension income, real median income likely would have fallen. What explains Canada’s poor income performance, and is the future any brighter than the past?