Source: financialpost.com
Candy Ho: Decent work is more than just good compensation and work conditions
As we move into the second half of 2023, Canadian organizations and their employees are facing an uncertain outlook.
The cost of living is soaring, the Organization for Economic Development (OECD) is now predicting that 27 per cent of jobs — many of them highly skilled — are at risk of being replaced by artificial intelligence. This comes in the wake of the pandemic already upending many of our beliefs about jobs and careers, including where, why and how we work.
At the same time, employers in some sectors continue to report labour shortages (costing the Canadian economy nearly $13 billion last year in the manufacturing sector alone), even while others announce layoffs. Given Canada’s aging population and with more than one in five working adults nearing retirement, businesses have cause for concern.