In a “candidate’s market,” compensation is being driven sky-high, while individuals, rather than employers, are dictating terms of their new deals.
Read our latest piece here to see how organizations on Bay Street are adapting to an executive shortage in the wake of a hot market.
Firms facing uphill battle to land top talent
April 16, 2021
By Adam Dean
The shortage of senior-level financial services executives in Canada threatens to upend a wide range of organizations, in particular those on Bay Street, as firms face an uphill battle to land top talent.
No sector is immune. Executive shortages have affected investment banking, private equity firms, infrastructure investors and integrated wealth managers, among others.
Where there was once a perception that employers held sway in the war for talent, top candidates are pushing the limits and, in the wake of uncertainty caused by COVID-19, opting to remain in their current roles.