Key Takeaways:
- Canada-wide businesses can now operate at full capacity once more, but many are having problems filling open positions to meet the needs of their clientele.
- Pedro Antunes, chief economist at the Conference Board of Canada, isn’t a single business out there that isn’t hindered by a lack of workers.
- They are required for Chaudhary’s restaurant to operate at full capacity and make up for the extended months of lockdowns and closures.
Businesses all around Canada are once again able to run at full capacity, but many are having trouble filling open positions to suit their clientele.
The proprietor of the prestigious Aiana restaurant in Ottawa told CTV News, “Right now, we are only open five days a week. “We are capping our reservations since we don’t have enough employees to take care of our visitors,” the restaurant said.
For many Canadian business owners, around half of the tables remain empty owing to staffing concerns.
42% of Canadian businesses experience labor shortages, according to a recent Bank of Canada survey.
Also read: Says corporate VP, Saskatchewan pharmacists are under pressure
According to Pedro Antunes, chief economist at the Conference Board of Canada, “there isn’t one business out there that isn’t hampered by the lack of people.”
According to recent Statistics Canada data, the number of open positions increased to 957,500 in the 1st quarter of 2022, the largest quarterly total ever. The severely damaged industries are the hospitality and food sectors.
According to the Bank of Canada, companies plan to increase pay by an average of 5.8% during the upcoming year to retain and recruit workers.
Instead of accepting gratuities, Chaudhary’s restaurant promises its staff benefits and a “living wage,” which, as the Ontario Living Wage Network estimates, is $18.60 per hour in Ottawa.
According to Chaudhary, health care, life insurance, and retirement plans are among the perks we provide. “So, we are attempting to provide our team members with this complete bundle.”
They are necessary for Chaudhary’s restaurant to run at full capacity and compensate for the protracted months of lockdowns and closures.
Source: CTV News
Get Canada and Yukon’s top News, Market News, and other News of USA and worldwide only on yukonweekly.com
