Zongshen is a Chinese engineering firm specializing in manufacturing vehicles like motorcycles, ATVs, tractors and more. With a yearly output of over 1 million motorcycles in 2015, Zongshen is
among the top five motorcycle manufacturers in China, and partner to brands like Harley Davidson and Piaggio. Over 30% of the company’s motorcycles … Read More »
Unemployment in BC has been at a record low since December last year. In an impressive upswing, the British Columbian economy has been topping provincial growth rankings in 2015. While the Labour Market has been weak for this first half of 2015, low gas prices have helped boost consumer spending to offset that deficit.
Further gains … Read More »
Alberta’s Volatile Oil Industry
Alberta has been enjoying the boom of the oil industry for the past decade. However, this changed over the course of a night when oil prices dropped. This caused a chain reaction in other industries which has caused a series of problems for the province.
Around October 2014, the falling prices of crude … Read More »
A report by Huffington Post states that if the trend continues, the Legal Marijuana industry is posed to be even larger than the organic food industry. A total of five states have currently legalized cannabis in the USA, including the capital D.C. that passed the bill just as this article was being written and more … Read More »
Losing Workers to Alberta’s Oil Patch? Eight Obvious, Possibly-Wacky and Workable Retention Strategies.
When managers, engineers and skilled professionals can make double their salaries in Alberta’s oil patch or small towns in Saskatchewan —
for example, recent Payscale data reports that a Senior Estimator can make 55% more working in Saskatchewan
— we’re going to have to get really creative and outright invest in ways to keep them.
With that in mind, here are eight retention strategies for companies like yours who have to compete with industries that can pay your workers double what they’ll earn in urban centres.
Some of them might be obvious. Some of them might be crazy or inappropriate.
Some of them just might work.