Find Talent Find a Job

Market insights: Empowering your talent strategy.

The talent market in Canada has shown signs of a slow but steady recovery in Q4 of 2024, with further improvements expected in Q1 and Q2 of 2025. As companies regain confidence, hiring will likely increase in many niche roles.

 

of hiring managers plan to recruit over the next 6 months.

 

of professionals in Canada plan on actively looking for a new job in the next 6 months.

 

of employers think the inability to provide competitive salaries is the primary reason for losing talent in the last 6 months.

Offering opportunities for upskilling and reskilling helps organizations retain top talent and stay ahead of technological advancements.

- Ian Kinsella Managing Directors, Morgan McKinley Canada

This is your opportunity to Go Beyond all expectations.

How can you be successful in the evolving talent landscape?

The top 5 hiring challenges companies will face in 2025.

 

of organizations in Canada found hiring ‘Very’ or ‘Quite’ competitive in 2024. The main barriers to recruitment in 2025 are…

  • No sign off for new headcount
  • No budget to hire
  • Pay and benefits not competitive enough
  • Length of the hiring process

What do people want? Key benefits to offer…

 

Employees in Canada are not very satisfied with the benefits they receive, with 58% being ‘neutral’, ‘dissatisfied’ or ‘highly dissatisfied’ with their packages.

Offering solid benefits, both financial and non-financial, increases your chance of attracting and retaining top talent.

    Top 5 most desired benefits:

  • Health insurance
  • Work from home
  • Bonus
  • Flexible working hours: Flexi-start, flexi-finish
  • Health and wellbeing benefits and support

Job security is a pressing issue for employees.

 

of employees are either feeling ‘indifferent’, ‘a bit insecure’ or ‘very insecure’ in their current roles.

    In a time when top talent is scarce, employers should take steps to ease the concerns of their workforce or risk losing them to competitors.

Up, down or flat? The state of salaries.

There was no significant shift in salaries offered in 2024. The trend is likely to continue in 2025 until competition to hire picks up more widely.

50%

of organizations kept their salary bandings level over the second half of 2024.

67%

of employers plan to increase salary offers in 2025 for certain, hard-to-fill roles.

50%

of professionals are optimistic that they will receive an increase in 2025.

2025 Canada salary guide.

Explore salaries to find out how much you should be paying your employees or how much you could be earning this year.

Compare salaries
Compare salaries

Download your Salary Guide for 2025.

Salary data, insights and advice to guide your talent strategies. Benchmark what you are paying your teams against the industry averages for roles in your location.

Get your copy

A full range of Talent Services...

Whether you need new people to scale up your teams, or you’re looking for specific skills to help your business react fast, our full range of talent services will deliver. We Go Beyond to find you the right people.

Contract
Recruitment

Hire contractors or temps to strengthen your workforce. When it matters most, seize every opportunity.

Learn More

Permanent
Recruitment

On-site, hybrid or remote, hire specialist permanent talent for your long term business success.

Learn More

Executive
Search

During growth, periods of change or simply for the now, the right leaders help you meet commercial goals.

Learn More

Talent
Solutions

RPO, MSP, Project Recruitment and more flexible outsourced solutions, saving you time and money.

Learn More

Advice for successful hiring.