The competition has been running since 2020 and it has continuously garnered widespread attention in Canada, and at the same time helps newcomers and Canadians with their employment searches. Its goal is to recognise employers (in their industries) that offer exceptional workplaces for their employees.
What are the Selection Criteria?
Any business or organization can join the competition. However, they must have a principal place of business in Canada or a head office for them to be considered. The winners are chosen based on eight categories:
- Workplace
- Family benefits and health financial
- Work atmosphere and social factors
- Employee communications
- Vacation and time off
- Training and skills development
- Performance management
- Community involvement
The employers are then compared to other businesses in their industries to determine which ones have progressive policies. Each participant will be given a grade in each of the categories mentioned above. It will be between A and F.
Highlights from the Top Employers for 2024
Below are the highlights from this year’s event:
Financial Compensation
Most employees prioritise financial compensation in their job searches, so to get a higher score in this category, employers must offer a range of compensation benefits which can include long-term savings, financial planning options, referrals and year-end bonuses.
Below are the employers that got an A+ in this category:
- Canadian Imperial Bank of Commerce (CIBC)
- Business Development Bank of Canada
- Canadian Aviation Electronics Inc.
- Provincial Credit Union Ltd.
- Enbridge Inc.
- Schneider Electric Canada Inc.
- Royal Bank of Canada
- TD Bank Group
Notable School Employment
For many international graduates, working for the right educational institution can better help them transition to their work life. Below are the five universities featured in the top 100 Canadian employers.
College of Physicians and Surgeons, British Columbia (B.C.)
The College of Physicians and Surgeons B.C. provides comprehensive maternity and parental leave pay, allowing those who qualify up to 75% of employee salary for 52 or 37 weeks respectively. Additionally, the organization also offers a flexible statutory holiday policy, allowing those employees who qualify to swap three statutory holidays with a cultural or personal leave.
Carleton University
Carleton is chosen for its extensive employee healthcare program, which includes 100% premium healthcare coverage for all retirees and employees. The organization also has an extensive “Healthy Workplace: initiative, promoting physical and mental health. Additionally, employees are given paid holiday closures and extensive vacation time at the end of the year.
University of New Brunswick (UNB)
UNB is noted for its long-term pension benefits, financial benefits and compensation and signing bonuses for some positions. This is because of the university’s training and skills development support, which provides tuition subsidies, educational leave and financial bonuses for employees who complete certain courses.
