Despite the multiple reports of layoffs and a looming recession, 51 per cent of surveyed Canadian managers say they anticipate more permanent positions in early 2023, according to a new poll from consulting firm Robert Half Canada.
The survey also reveals that 42 per cent plan to hire for vacated positions in the first half of 2023.
The results from the State of Canadian Hiring Survey polled 1,449 managers across the country.
Challenge of finding skilled workers
Although companies say they are eager to hire, the survey found that a strong majority of managers find it difficult to hire skilled professionals.
"The start of the new year is an especially robust time for hiring, as new projects begin and headcount budgets are confirmed to support fresh business goals," said David King, Robert Half Canada's senior managing director, in a press release.
"Employers should be prepared to offer competitive salaries, perks, and benefits to attract and retain top talent in this continuing tight labour market."
More contracts to come
The poll found that 65 per cent of managers hope to hire more contract workers in early 2023. This is comparable to 50 per cent in mid-2022.
"Hiring contract professionals can be a valuable tactic for managing heavy workloads, increasing support for key projects, and reducing burnout," said King.
Hiring and interview
While vacant positions may draw in eager applicants, companies report that the hiring process can take up to 14 weeks, which is an eight-week increase from 2021.
One factor might be that employers conduct about four interviews with a potential candidate before they make an offer.
"Hiring mistakes and regrets can occur when the pressure to staff a role overrides the search for the right candidate. However, drawn-out hiring processes can also be an obstacle in securing top talent, who may lose interest or accept another offer if the timeline is not streamlined," noted King.
"Companies need to balance efficiency with the due diligence required for a successful hire."