Despite a bump in salaries for Canadian finance, accounting and information technology jobs, retaining talent will still be one of the biggest challenges for this sectors in 2015, according to a new report.
In a January 28, the Lannick Group estimated finance and accounting jobs can expect to see an average wage increase of 4.79% this year.
Average salaries for IT jobs, meanwhile, are expected to follow closely and rise 3.45%.
The Lannick Group, an Ontario-based recruiting firm specializing in accounting and IT, said in its report the rapid advancement of mobile devices is driving much of the demand for tech jobs.
And as “increased job hopping thanks to technology” makes it more difficult to retain talent, employers will have to look at new ways to develop job skills and hang on to staff.
“Rather than searching for the ideal candidate with all the right education, qualifications and prior work experience, many companies now hire new graduates with the right soft skills and personality to fit into the existing corporate culture —then train them to suit a custom need,” Lannick CEO Peter Jeewan said in the report.
According to the report, the most in-demand jobs in finance and IT for 2015 are financial reporting manager (salaries range from $80,000-110,000), planning and analysis manager ($85,050-120,000), tax manager ($89,067-143,000), mobile web developer ($75,000-110,000) and front-end web developer ($75,000-98,000).
The report measured salary changes from November 2013 to November 2014, while its forecast is based on data from Statistics Canada’s labour force survey.