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74 percent of Canadians willing to take pay cut for their ideal job

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Staff Writer | September 13, 2017
From the shiny towers on Bay Street to the busy construction sites of Vancouver, Canadians are shifting their attitudes about what they want from work.
Canada workers
Canada   A survey by Hays Canada
According to a survey by Hays Canada, company culture has significantly moved up the list when evaluating work options and 74 percent of Canadians are willing to take a pay cut for their ideal job.

The Hays What People Want Survey gathered insights from more than 4,000 employees across Canada, offering a snapshot of the shifting priorities of the Canadian workforce when it comes to salary, benefits, culture and career growth.

Respondents were asked about what they considered to be most important in their current role and when weighing other opportunities.

Hays Canada first surveyed Canadians about their career preferences in 2013.

The findings released today reveal that in the past four years, overall work satisfaction has declined by 19 percent and that 89.8 percent of Canadian employees would consider leaving their current job for something else, up from the 77.6 percent reported in 2013.

While financial compensation continues to dominate career decisions, there has been an 11 percent drop in how salary is weighted, with Canadians placing increased importance on company culture, up 26 percent since 2013.

In fact, the combination of career progression and workplace culture trump paycheque when it comes to making career decisions.