Government announces details of Canada Emergency Wage Subsidy to help companies retain Canadians
See the update at the bottom of the text (April 2, 2020) To help Canadians and businesses manage this difficult economic period, Prime Minister Justin Trudeau announced on April 1 that the government is proposing to introduce a wage subsidy of 75% for eligible businesses, for up to three months. This subsidy is retroactive to […]
Amyot Gélinas answers your questions about COVID-19 management within companies
Do my employees have the right to refuse to work during this period? For the moment, there is no history of this situation in relation to the exercise of the employee’s right of refusal (section 12 of the Act respecting occupational health and safety). If an employee believes that he or she is in a […]
Charles Darwin and Industry 4.0
Over two hundred years ago, Charles Darwin gave us his theory on the evolution of species, or “transformism” as it is commonly known. Although this theory was already circulating within the scientific community at the time, Darwin was one of the first to set out the principle of the transformation of species through time and […]
70% of business transfers fail!
Still in 2018, the statistics speak for themselves. Only 3 out of 10 owners manage to pass the torch, whether for family succession, key employees or external buyers, the results remain the same, and have been for many years; 30% succeed and 70% fail in their business transfer project. Some have to take over the reins and rebuild to minimize financial losses. Others leave their families to deal with a heartbreaking conflict.
PERFORMANCE EVALUATION
In these times when skilled labor is becoming increasingly scarce, one of a company’s top priorities is to retain its workforce. An employee who knows his or her worth, but above all feels valued by his or her employer, will be more dedicated and therefore less tempted to leave the organization that hires him or her. The performance appraisal therefore becomes a retention tool in its own right, as it demonstrates with certainty to the employee the value and, above all, the confidence the organization feels in him/her and his/her skills.