ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

A Tiring Year: Nearly One-Third of Workers in Canada Feel Tired or Overworked – ADP Survey

Data reveals employees in Canada experience negative feelings at work, and identifies the top priorities for them moving forward.

A new survey by ADP Canada, conducted with Maru Public Opinion, reveals over half (53%) of workers in Canada report having a negative feeling about work and nearly one-third (30%) feel tired and overworked, shedding light on the crucial need for a renewed focus on work-life balance, compensation, and family considerations in the evolving workplace.

With a third of workers reporting they feel overworked and tired, it’s not surprising that work-life balance is the top priority for almost a third (29%) of respondents and in the top three priorities of nearly seven-in-ten (68%). Compensation and benefits and family considerations round out the top three priorities for workers in Canada.

The survey indicates that Millennials and Gen X workers are notably more inclined to prioritize work-life balance (30%), while Boomers prioritize their families (26%). Gen Z, on the other hand, is less likely to prioritize compensation (13%) than the other generations.

“The survey results re-affirm the need for employers to connect with workers. Face-to-face time, coaching sessions and regular check-ins – particularly with the younger workforce, can help employers build trust and be better equipped to support their teams,” says Ed Yuen, Vice President, Strategy and HR Outsourcing at ADP Canada.

External factors impacting employee sentiment

Seven-in-ten (70%) workers in Canada report feeling stressed because of inflation and the economy. In fact, due to these current economic conditions affecting employees, almost a quarter (23%) of workers are considering exploring better opportunities.

Despite these challenges, 39 per cent of workers believe they are in the right workplace.

The role of trust and employer proactivity in the workplace

While workers are reporting mixed feelings, they also indicate better levels of feedback, trust and comfort with their managers than last year, with 77 per cent of employees trusting their managers, and over eight-in-ten (82%) managers also reporting having trust in employees. The survey also finds that 72 per cent of managers say they believe their employees are happy.

At the same time, more than half (58%) of workers indicate that their workplaces take their goals and feedback seriously, revealing a 5-percentage point increase from last year (53%). Additionally, regular check-ins remain a standard practice, as four-in-ten (42%) respondents meet with their managers or management teams weekly, fostering an environment where many workers in Canada (74%) say they feel comfortable going to their manager to voice concerns.

“Positive year-over-year progress in feedback, trust and comfort between managers and employees in the Canadian workplace is promising to see,” concludes Yuen. “However, with more than half of workers feeling negatively towards their workplace, it suggests additional opportunities for employers to reassess and develop current workplace practices including regular one-on-one check-ins, flexible schedules and open conversations regarding compensation and benefits for current and potential employees.”

Survey Methodology

This Maru Public Opinion survey conducted on behalf of ADP Canada was undertaken by the sample and data collection experts at Maru/Blue. 1,842 employed Canadian adults (including both employees and self-employed individuals) who are Maru Voice Canada panelists were surveyed from September 15th to September 19th, 2023. The results of this study have been weighted by education, age, gender and region (and in Quebec, language) to match the population, according to Census data. This is to ensure the sample is representative of the entire adult population of Canada. For comparison purposes, a probability sample of this size has an estimated margin of error (which measures sampling variability) of +/- 2.3%, 19 times out of 20. Discrepancies in or between totals when compared to the data tables are due to rounding.

About ADP Canada

Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people.

For more information about ADP Canada visit www.adp.ca or follow us on Instagram @adp_canada.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  244.41
+1.37 (0.56%)
AAPL  268.47
-1.30 (-0.48%)
AMD  233.54
-4.16 (-1.75%)
BAC  53.20
-0.09 (-0.17%)
GOOG  279.70
-5.64 (-1.98%)
META  621.71
+2.77 (0.45%)
MSFT  496.82
-0.28 (-0.06%)
NVDA  188.15
+0.07 (0.04%)
ORCL  239.26
-4.54 (-1.86%)
TSLA  429.52
-16.39 (-3.68%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.