JOB STABILITY MORE COMMON THAN YOU MIGHT THINK

Jun 18, 2014

By Bob Komsic

Share on

Some may beg to differ, but a new report suggests job stability’s as prevalent as ever.

Economists with the CIBC found it’s at an all-time high – or – at least at a record high since Statistics Canada began gathering such data in the 1970s.

Extrapolating from the federal agency’s numbers, the economists says there’s a 60 % chance Canadians will stay with an employer after their first year and a 95 % chance of them staying with the same company for five years or longer.

And it’s got nothing to do with loyalty.

They believe it’s more to do with fear.

Employers fear losing skilled and trained staff and are willing to pay more to keep them.

Employees fear being replaced by the many looking for work.

Zoomer Kids
You Don't Have To Be A Zoomer To Love Zoomer Radio.
Check out what the Kids have to say!
Join Our Fan Club
Coverage Area
Downtown Toronto
96.7FM
Toronto HD
96.3 HD-2
Kingston to Windsor, Parry Sound to Pittsburgh
AM740
ZoomerRadio Logo

Recently Played: