Can Backfire If Not Carefully Managed — Especially In The Public Sector

Rate hikes have affected affordability, the job market is more competitive, and remote work is the norm for many organizations and industries. Since employment prospects no longer depend on where you live, the market is flooded with young, highly educated, tech-forward millennial and generation-Z prospects eager to start their professional lives after being starved of that opportunity for some time. They may live anywhere in the world, and they may find Canadian salaries, or even half of what employers used to pay, very appealing.

While this may sound favourable for employers seeking to fill positions, the new generation of workers has proven itself more agile than in the past and is not afraid to "cross the street" if opportunity strikes and offers something a current role does not.