The view from here

By Peter Jeewan, CA, President & CEO

Traditionally, when employers and candidates spoke of compensation, the emphasis was money —fair and competitive financial compensation for a job well-done. Today, in the recession’s shadow and parallel to the growing work-life balance movement, more and more individuals and companies are thinking laterally when it comes to defining total compensation... 

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What could matter more than money?

By Serena Kudchadkar, Associate, Recruitment Services, Pro Count Staffing

It goes without saying that money is a big motivator when it comes to why and where we work. Clearly salary level impacts status and quality of life. But, when you’re looking at switching from one role or company to another, there are many other factors to consider—many of which, as MasterCard made famous, may even seem “priceless.”

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Most common flex programs

Part-time schedules, flex-time and telework are the most common flex programs employers offer, according to a survey of 692 WorldatWork members...

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 Candidate Corner

Featured Candidate

Name: Jill Baumgartner
Position: Social Media Coordinator
Company: Alzheimer Society of Canada
Recruitment Company: Lannick Recruitment, Toronto
Recruiter: Taso Kremizis, Senior Associate, Technology; Matt Nelson, Senior Associate, Client Services, Technology

"Be prepared" is a motto worthy not only of Scouts and Girl Guides, but also of Lannick Recruiters. Case in point: Taso Kremizis usually fills what he calls "hard-core" IT roles in infrastructure and consulting. But when the Alzheimer Society of Canada, a client, approached Kremizis' colleague Matt Nelson about filling the role of Social Media Coordinator, Kremizis rose to the challenge. Enter Jill Baumgartner...

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Beyond the dollars—a case study

By Elaine Pantel, CGA, Principal, Shimmerman Penn LLP

In today’s hyper-competitive corporate landscape, there is more to employee compensation than dollars. While it goes without saying that fair compensation is essential, today's employees are looking for significantly more when it comes to the quality of their office environment and interaction with partners and coworkers...

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Communicating compensation

By Duff McCutcheon, Communications Specialist, Human Resources Professionals Association (HRPA)

Ask an employee about their compensation package and you might get a very different answer from what management or HR has to say. While it’s clear to employers what comprises a worker’s total rewards, often an employee will only consider salary and benefits because they don’t realize the investment the organization has made in them...

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Brrr!! Motivating without money
during a salary freeze

By Garold Markle, CEO, Energage, Inc..

Having just come off a record hot summer, isn’t it ironic that so many businesses have salary systems that are frozen?

Just south of the border, U.S. presidential decree has mandated that all government entities and federal contractors can not distribute merit pay increases this year or next.  No matter how solvent the organization or how significant an individual contribution, base salaries are on ice...

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Your annual incentive plan—time for a tune-up? Or a complete overhaul?

By David Neilly, MBA, David Neilly HR Consulting

Annual incentive or bonus programs exist in most sizable organizations, but they are the subject of frequent criticism from employees, tweaking by compensation professionals and hand-wringing by senior executives and board members who want the annual bonus to be more effective in motivating the organization to higher levels of performance. One of our large clients once told us of their annual incentive plan, "We spend thousands of person hours and millions of dollars de-motivating more than fifty percent of our staff…"

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Latest release from the Labour Force Survey

Employment was little changed for the 2nd consecutive month in August and unemployment edged up 0.1 % points to 7.3%.

For more details including by industry and province see the Labour Force Survey found on Statistics Canada website.

New professional worldwide designation—CGMA

CIMA and the American Institute of Certified Public Accountants (AICPA) are to launch a worldwide standard of professional excellence for management accountants.

The new professional designation—Chartered Global Management Accountant (CGMA)—will help give management accountancy a higher profile in the US and promote the professional development of management accountants globally.

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Functional Role Salary Survey

What does the average CFO or Controller earn? You'll soon know!

Our first annual "Functional Role Salary Survey" is coming soon. This survey will provide average salary figures for standard finance and accounting roles. Watch for announcements of it by email or on our website.

If you have questions that simply can't wait, contact us!

Industry numbers

The employment market remained steady during the summer months with Lannick Recruitment placing contractors and permanent candidates in a wide range of accounting, finance and technology roles in the Greater Toronto and Ottawa Areas. We also placed a range of legal, government, HR and administrative professionals in the Nation's Capital.

The average rate of pay for finance and accounting contractors that we placed was $56 per hour in the GTA. Across all practice areas in our Ottawa office, the rate was $64 per hour for contract professionals (the higher rate in Ottawa reflects higher level positions). Our GTA Technology practice placed candidates at an average hourly rate of $43. 

Finance and accounting professionals placed in permanent roles had an average annual base salary of $86,000 in the GTA and $44,500 in Ottawa, while GTA technology professionals averaged $50,800.

Say hello

Our bench strength of talent continues to grow with the addition of: Norman Wise, Associate, Client Services and Omar Hussein, Business Development Associate.

Specializing in mid- to senior-level roles, Lannick Recruitment is a member of the Lannick Group of Companies. Learn more about our team of Recruitment and Client Services Associates.

Industry numbers

Throughout the summer months, Pro Count Staffing placed non-managerial to managerial-level finance and accounting professionals in a broad range of roles and industries in the GTA. Average temporary professionals earned $21 per hour while permanent roles averaged $57,000 per annum.

Here we grow again

Pro Count Staffing’s team recently grew with the addition of Deepak Bhardwaj, Business Development Associate, Simar Chandhok, Associate, Recruitment Services, Sukhi Kohli, Associate, Client Services, Kelly Cline, Associate, Client Services, and Aidrus Ahmed, Associate, Client Services

Specializing in junior to intermediate finance and accounting roles, Pro Count Staffing is a member of Lannick Group of Companies. Learn more about our team of Account Executives and Recruitment Associates.

CGA Annual Conference: Annual Conference - Admission to Membership & Awards Ceremony 2011 on November 10 to 12, 2011- Westin Harbour Castle Hotel

HRPA's 2012 Annual Conference & Trade Show - HR: 2012 and beyond... Inventing the Future on February 1 to 3, 2012 - Metro Toronto Convention Centre

In Memory
Lannick supports The David Donaldson Memorial Fund established in honour of David who died of a heart attack at the age of 38 while playing hockey.

The Memorial Fund was set up to purchase defibrillators for public places. Defibrillators, when used in conjunction with CPR in the first few minutes after a cardiac arrest, can dramatically improve survival rates by more than 50%. Each year, approximately 7,000 Ontarians will experience cardiac arrest. Up to 85% of cardiac arrests occur at home or in public places.

A fund raising BBQ and Auction will be held on October 15, 2011. To make a donation or help sponsor the event, please contact Ron Palaczka, Managing Partner, Lannick Recruitment, Ottawa.