ITBusiness.ca

39% of working Canadians would take a pay cut for professional development, survey finds

Though we’re guessing that “having a job” and “being paid a living wage” remain the topmost professional concerns for working-age Canadians, a new study indicates professional development is up there too.

According to the Canadian arm of HR software developer Automatic Data Processing Inc. (ADP), 40 per cent of working Canadians are employed by a company that rarely or never provides them with opportunities for career development, while 39 per cent would leave their current job for a lower-paying position with better professional development opportunities.

Lest employers begin slavering over the apparent opportunity to pay their future workers a bit less, 23 per cent of respondents who said they would be willing to accept a pay cut said they would take a five per cent hit, while only 12 per cent said they would accept a 10 per cent cut. Only four and one per cent, respectively, said they would settle for up to, or more than, 15 per cent less pay.

In a March 15 statement, ADP Canada general manager of human resources business process outsourcing Sooky Lee called the divide between the much-vaunted “skills gap” and the number of workers who feel unchallenged at work a “growth gap,” and said that employers would ultimately be the ones paying the price.

“The paradox of a growth gap is that while many employers say they need workers to be increasingly adaptable to new tasks and responsibilities, many workers are saying they lack the development support to deliver on these expectations,” she said.

When asked to explain the reason they did not feel their job had enough opportunities for professional development, 33 per cent did not feel their company offered support to begin with, in such forms as skills development programs, technical training, career mapping, or mentoring. Nineteen per cent admitted to not asking for professional support, while nine per cent said their bosses didn’t have enough time to address their needs, and 14 per cent said they did not feel they aren’t senior enough to receive it.

ADP grouped its respondents who exemplified the “growth gap” into three categories (percentages don’t add up to 100 due to category overlap):

“Whether the under-developed employees in your organization are ready, resigned or relaxed, this study should be a wake-up call for any employer that cares about employee retention and productivity,” Lee said in the March 15 statement.

For the many, many employers who may be creating a growth gap for their employees and unaware of it, ADP offered three suggestions:

ADT based its study on an online survey of 828 working Canadians, which it conducted between January 30 and February 2.

Exit mobile version