Employee turnover is becoming an increasingly costly problem that continues to plague Canadian businesses still trying to recover and readjust from the COVID-19 pandemic, according to a survey from The Harris Poll commissioned by Express Employment Professionals.
Despite increasing wages and some improvement to benefits, Canadian companies say employee turnover remains high, with 35% of companies reporting that turnover has increased this year compared to last. In addition, 40% of companies say they have open positions they cannot fill.