Working Canadians take the long view on the labour market

Canadians are prioritizing career planning higher for 2009 than in past years, a recent Workopolis poll conducted by Harris/Decima reports.

Of the more than 500 working Canadians surveyed, 25 percent responded that they are contemplating a New Year’s resolution related to their careers. This figure indicates a significant rise since a similar study in 2006, when only 13 per cent of Canadians said they planned to make work-related resolutions.

“Your job satisfaction and career planning are part of the big picture when it comes to your overall happiness and well-being,” said Patrick Sullivan, President of Workopolis.

Driven by concerns about the economy and their own financial well-being in the coming year, Canadians are thinking proactively about their careers and their marketability for future job opportunities. Forty-one per cent said they would be more likely to seek out increased compensation in 2009.

“Canadians have been through recessions before, and we understand that this too shall pass,” said Sullivan.

Asked to specify when they expect the labour market to improve in light of recent economic forecasts, 65 per cent of working Canadians said they expect the skies to have cleared in a year or more. On the other hand, 22 per cent expect a brighter outlook within the next six to twelve months and eight per cent anticipate positive change in the next three to six months. Quebecers and those in the Prairies are more likely than the rest of Canadians to believe that things will be looking up in less than a year.

Other 2009 strategies provided by respondents include pursuing additional job training or skill development (40 per cent); considering a job change (23 per cent); taking an additional job or considering part-time work (23 per cent)

Albertans are more likely than other Canadians to manage their financial concerns by considering a second or part-time job. Thirty-four per cent are likely to look for additional work, compared to the national average of 23 per cent.

“If you are in the market for a new opportunity, keep in mind there are still jobs out there, but you may have to be more strategic and focused about your search, and position yourself accordingly. If you’re looking for a raise or to move to a job with more salary this year, be sure to do your homework and be realistic. Prepare a strong case for yourself including being able to demonstrate your achievements.”

Canadians will still prioritize other aspects of their lives when the countdown starts on New Year’s Eve. Quality time with friends and family ranked highest for 56 per cent of Canadians, followed by exercise (53 per cent), diet (45 per cent) and quitting smoking (11 per cent).