OSPE - The Voice - March 2018 - 13
news
a Changing workforce
Figure 1: Pay Mix of Total Cash Compensation by Canadian Regions
Engineers' pay mix in Ontario and Eastern canada tends to be more heavily
weighted on guaranteed pay than those in Western canada
West
Ontario
East
Level F
14%
10%
13%
Level E
13%
10%
9%
Level D
13%
7%
8%
Level c
10%
7%
6%
Level B
10%
6%
6%
Level a
9%
4%
6%
STI as % of
Total cash
Figure 2: Short-term Incentive Eligibility, Receivership and as a Per Cent of
Base Salary in Ontario
In Ontario, eligibility and payout amounts increase inline with reponsibility level,
however, receivership remains relatively consistent across levels.
5%
8%
7%
9%
13%
13%
average
actual STI
as % of Base
69%
% of
Employees
Eligible
59%
49%
41%
39%
44%
73%
82%
80%
82%
86%
86%
Level a
Level B
Level c
Level D
Level E
Level F
% of Eligible
Employees
receiving
WE cONTINuE TO SEE ThE mILLENNIaL GENEraTION
INcrEaSE ThEIr raNKS WIThIN cOmPaNIES IN ThE mErcEr
OSPE NaTIONaL ENGINEErING cOmPENSaTION SurVEY
14
The VOICe
March 2018
As baby boomers retire, we continue to
see the millennial generation increase
their ranks within companies in the
Mercer OSPE National Engineering
Compensation Survey (See Figure 3).
How will this impact the work environment and arrangements between
companies and employees? What is
clear is that employees are seeking
more flexible and personalized work
arrangements. Globalization and technology are making the world smaller as
well as shaping employees' expectations
of when and how they want to work. In
our changing workforce, it is important
to understand what is most valued by
employees. Based on findings from Mercer's 2017 Global Talent Trends Study, 55
per cent of employees want their company to offer more flexible work options
to help create work/life balance. This is
interesting, considering that almost 35
per cent of organizations that provided
turnover data within the 2017 Mercer
OSPE National Engineering Compensation Survey indicated that work/
life balance issues were a rationale for
voluntary turnover, which impacts the
professional levels more significantly.
Considering these findings, how
are companies creating this much
sought-after flexible work culture?
Fifty-seven per cent of companies in
Canada have workforce flexibility policies, but only 30 per cent say it is a core
part of their value proposition. Additionally, approximately one in three
companies offer flexible work arrangements, but only on an ad-hoc basis.
Employees were also asked about their
experiences with flexible working, in
practice. Employees in Canada generally noted support from their managers
and from their colleagues. However, one
in three employees in Canada reported
they requested a flexible work arrangement in the past and were turned down,
and half expressed concern that working
part-time or remotely would negatively
Table of Contents for the Digital Edition of OSPE - The Voice - March 2018
OSPE - The Voice - March 2018 - I
OSPE - The Voice - March 2018 - Cover1
OSPE - The Voice - March 2018 - Cover2
OSPE - The Voice - March 2018 - 3
OSPE - The Voice - March 2018 - 4
OSPE - The Voice - March 2018 - 5
OSPE - The Voice - March 2018 - 6
OSPE - The Voice - March 2018 - 7
OSPE - The Voice - March 2018 - 8
OSPE - The Voice - March 2018 - 9
OSPE - The Voice - March 2018 - 10
OSPE - The Voice - March 2018 - 11
OSPE - The Voice - March 2018 - 12
OSPE - The Voice - March 2018 - 13
OSPE - The Voice - March 2018 - 14
OSPE - The Voice - March 2018 - 15
OSPE - The Voice - March 2018 - 16
OSPE - The Voice - March 2018 - 17
OSPE - The Voice - March 2018 - 18
OSPE - The Voice - March 2018 - 19
OSPE - The Voice - March 2018 - 20
OSPE - The Voice - March 2018 - 21
OSPE - The Voice - March 2018 - 22
OSPE - The Voice - March 2018 - 23
OSPE - The Voice - March 2018 - 24
OSPE - The Voice - March 2018 - 25
OSPE - The Voice - March 2018 - 26
OSPE - The Voice - March 2018 - 27
OSPE - The Voice - March 2018 - 28
OSPE - The Voice - March 2018 - 29
OSPE - The Voice - March 2018 - 30
OSPE - The Voice - March 2018 - 31
OSPE - The Voice - March 2018 - 32
OSPE - The Voice - March 2018 - 33
OSPE - The Voice - March 2018 - 34
OSPE - The Voice - March 2018 - 35
OSPE - The Voice - March 2018 - 36
OSPE - The Voice - March 2018 - 37
OSPE - The Voice - March 2018 - Cover3
OSPE - The Voice - March 2018 - Cover4
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