MONTREAL, QUEBEC--(Marketwire - June 8, 2010) - Advancement opportunities, recognition and having a good boss are important to all Canadian employees but good pay and benefits top the list when it comes to determining their loyalty to an employer in English Canada, according to the latest Monster.ca online poll. In French Canada, employee loyalty seems to stem from challenging/interesting work.
The new online poll, involving 8,277 participants, asked Monster.ca visitors the following question: "Which factor would make you most loyal to an employer?"
A total of 31 per cent of poll English respondents chose "good pay and benefits" as the leading factor in determining loyalty to their employer. Just 27 per cent of French respondents were in agreement.
A total of 32 per cent of French respondents chose "interesting/challenging work" as the leading factor in determining loyalty, something only 15 per cent English Canadians chose.
Another one in four (25 per cent) English Canadians went with "great boss and coworkers" as the key factor is staying on the job with an employer. Only 18 per cent of French Canadians cited "great boss and coworkers" as key to their continued loyalty.
English Canadian poll participants were evenly divided at about 15 per cent on each of the following factors in determining employee loyalty: "opportunities for advancement," and "getting recognized" for the work they do versus 9 and 14 per cent, respectively for French respondents.
"Employers with national companies should take note: there are always a variety of factors in determining employee loyalty and, as we've found with this Monster Meter Poll, they can vary widely by region" said Monster Canada senior vice-president of international sales and general manager Peter Gilfillan. "When looking to develop employee retention programs, it's important to consider that one-size may not fit all."
For more insights on employee retention from the experts at Monster.ca, see the articles titled Corporate Benefits for Employee Retention and What You Can Learn from Loyalists at Monster.ca
The results of the Monster Meter poll are based on votes cast during March 2010. Only one vote per user is counted toward the final tabulation. There were 7,475 votes cast for the English poll and a further 802 for the French poll. The Monster Meter, a product of Monster®, the leading global online careers website and flagship brand of Monster Worldwide Inc., is a series of online polls that gauge users' opinions on a variety of topics relating to careers, the economy and the workplace. These polls are not scientific and reflect the opinions of only those Internet users who have chosen to participate. Anyone interested in voting in Monster's current online poll may do so by logging onto www.monster.ca.
About Monster Canada
Monster Canada (www.monster.ca) is Canada's leading online career resources portal - a bilingual, user-friendly site that is improving the employment and recruitment experience in today's competitive job market. Headquartered in Montreal, Monster Canada is part of Monster, the leading global careers and recruitment resource online. With a local presence in key markets in North America, Europe, and Asia, Monster works for everyone by connecting employers with quality job seekers at all levels and by providing personalized career advice to consumers globally. Through online media sites and services, Monster delivers vast, highly targeted audiences to advertisers. Monster Worldwide is a member of the S&P 500 Index. To learn more about Monster's industry-leading employer products and services, please visit http://hiring.monster.ca.
About Monster Worldwide
Monster Worldwide, Inc. (NYSE:MWW), parent company of Monster®, the premier global online employment solution for more than a decade, strives to inspire people to improve their lives. With a local presence in key markets in North America, Europe, Asia and Latin America, Monster works for everyone by connecting employers with quality job seekers at all levels and by providing personalized career advice to consumers globally. Through online media sites and services, Monster delivers vast, highly targeted audiences to advertisers. Monster Worldwide is a member of the S&P 500. To learn more about Monster's industry-leading products and services, visit www.monster.com.