National HR Trend Survey Results are In
Human Resources is a part of business that many companies don’t focus enough attention on. This past year, a group of HR associations came together to conduct a HR Trends Survey using the third-party survey company, Leger.
In this article, we’ll discuss what the findings were. We will cover HR salaries, benefits, automation, recruitment and more.
The HR professional role.
In Canada, the typical HR professional is a female between 45-64 years old, salaried & full time and has worked in HR for 11-20 years. 83% of HR professionals have a degree.
The high majority (95%) of HR professionals are proud of the work they do and feel that it’s a strategic position in their company. And, 79% look forward to coming to work every day.
Recruitment and workload.
Recruitment and added work stresses have been a major factor for HR professionals over the past several years. 59% find recruitment very or extremely challenging, while 33% are facing the same level of challenge with retention.
91% of people have seen an increase in workload over the past 12 months, but only 37% have received any additional support.
To help with retention, here are some of the new measures that have been implements across the country:
- Flexible work options: 53%
- Re-evaluating employee compensation: 47%
- Wellness initiatives: 42%
- 46% of HR professionals say they have increased salaries to help
offset inflation
The role of automation in HR roles.
While it may seem like everything is going towards automation and AI, there are still many parts of business that remain done by human professionals. But, we cannot say that automation will never happen within HR.
In this research, they found three areas that are planned for automation:
- Internal processes (73%)
- Employee onboarding (67%)
- Job applicant tracking (62%)
This automation can actually be a good thing for companies. Especially when it comes to so many HR professionals needing more support than they are receiving. If a company can take some stress off of their employees, not only will that help with workplace happiness but it will also help with retention.
Salary information.
One of the most searched topics when it comes to HR is salary and wage expectations.
HR professionals most commonly earn between $80,000 to $100,00 in base salary before taxes while 23% earn $120,000 to $200,000.
There are also many self-employed HR professionals who offer their services for companies. Over three-in-four self-employed HR professionals charge $100 an hour or more for their services. And, 24% charge more than $200 an hour.
On top of a base salary, nearly half of HR professionals are offered a bonus. Among those who are offered a bonus, the average percentage of salary base for the bonus is 13%.
Benefits and post retirement benefits.
About 1 in 4 professionals have a defined benefit pension plan while 2 in 5 have RRSP contributions offered to them.
While working, on average, HR professionals receive 20 vacation days and 18 sick days every year. Ontario professionals actually receive less vacation time while those in Quebec receive less sick time.
Nearly all HR workers are offered health benefits provided by their employers. The plans mostly involve prescription drug plans, dental coverage and life insurance. Those in the private sector have been found to not receive most health benefits.
Reach out to us to get your benefit plan.
If you’re looking for unique ways to attract and reward your HR professional, give us a call and ask us for help. We would be more than happy to create a plan of action together.
