BCBusiness

December 2015 The Future of Work

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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36 BCBusiness december 2015 our commitment to our jobs (see p.38 for more). According to this survey—with 100 representing the score of an "averagely" engaged employee—B.C. employees rank at 105; outside B.C., the Canadian num- ber is 92. The numbers go even higher for younger British Columbians, with a score of 110 for workers under 35 years of age. According to Rock Lefebvre, chief reg- ulatory o¤cer for the Human Resources Management Association, engagement is a critical factor to business success these days. "In the old days, we were making widgets; today it's a knowledge-based economy, and to untap the full potential of the knowledge industry, you have to have employees who not only do their job but are also engaged. In the absence of engagement, you can never optimize the bottom line—and in business, the goal is to optimize the bottom line." Lefebvre says that B.C. has long been able to trade on its natural advantages— the so-called B.C. Advantage—to attract and retain employees, and keep them engaged. But he says it would be fool- hardy to assume that millennials—more equipped to work in a global economy and more mobile than older genera- tions—are wedded to the idea of staying in B.C. no matter the career limitations. He says that business leaders need to create a comprehensive strate˜y to retain mil- lennials and become more competitive. "In B.C., in addition to providing a great environment, we have to demon- strate to millennials that we are equal to other regions. Even if it has a nice cli- mate, they will eventually leave if they can make a few thousand dollars a year more somewhere else. That's the way millennials have been programmed." 1. Which of the following best describes your current employment status: employed full-Time employed parT-Time 80% 20% 2. Which of the following best describes the organizational structure of your current employer: The company is based in and mainly operaTes in your proVince The company operaTes mainly across canada and is based in your proVince The company operaTes mainly across canada and is based elseWhere in canada iT is an inTernaTional company ThaT is based in your proVince iT is an inTernaTional company ThaT is based in canada iT is an inTernaTional company ThaT is based ouTside of canada 3% 4% 6% 65% 8% 14% 11% 6% 13% 54% 4% 12% B.C. Rest of Canada 3. Which of the following best describes the role you play within your company: senior managemenT mid-leVel managemenT/ superVisor fronT-line employee B.C. Rest of Canada 7% 67% 26% 34% 59% 7% 84% 16% B.C. Rest of Canada

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