Would you jump ship for a pay increase of 10 percent? If so, you’re in the same boat as 60 percent of the Canadians who took part in a recent Angus Reid Institute survey.
Given the billions spent on employee retention and hiring top talent, the influence of this relatively small pay raise represents a wake-up call for Canadian employers.
It is also part of the reason for the launch of the Canadian Workplace Culture Index (CWCI), the first initiative of its kind to benchmark Canadians’ attitudes towards their workplaces, and then use this data to certify organizations based on anonymous employee feedback collected using an innovative chat-based survey platform.
Developed by Rival Technologies and The ReFrame Group in partnership with the Angus Reid Institute, the CWCI benchmarks Canadians’ attitudes towards their workplaces in six core areas: Workplace satisfaction, company cares, diversity & inclusion, information & recognition, employee connections, and loyalty.
The annual publication of a CWCI Report, outlining research results and major trends identified by the Index, will allow organizations of all sizes to assess workplace culture in their specific industries.
“The CWCI evaluates where your business stacks up in comparison to others, provides valuable workplace culture insights, and equips you with information on how to strategically evolve your workplace culture,” said Rival CEO Andrew Reid. “This enables organizations to benchmark and differentiate themselves, and promote a people-first values system to potential new hires and existing employees.”
The CWCI uses its benchmark data to certify Canadian organizations based on anonymous employee feedback collected using Rival’s innovative chat-based survey platform. Every organization taking part in the certification process will receive a customized report on their specific workplace culture, with those that pass being automatically listed on the CWCI.
“We have partnered with the CWCI and are excited about the nature of this modern chat-based survey in gathering the honest perspectives of everyone in the workplace,” said Anne-Marie Pham, Executive Director of the Canadian Centre for Diversity and Inclusion.
Learn more about the Canadian Workplace Culture Index online.