Small and medium-sized businesses are the backbone of the economic system.
Diane Jermyn, Globe and Mail
Call them the job creators. The winners of Canada’s Top Small & Medium Employers competition not only have outstanding workplaces with enlightened human resources policies, but also nearly all show positive employment growth. With small and medium-sized enterprises (SMEs) employing almost two-thirds of private-sector employees in Canada, and accounting for more than half of Canada’s gross domestic product, that’s key to the success of Canada’s economy.
Moreover, the winning SMEs in this second-annual competition feature many of the same valuable workplace perks you’d expect from bigger organizations, such as generous top-up payments for maternity and parental leave, flexible work options, matching RRSP contribution programs and training support. Also notable is the number of SMEs offering profit-sharing and share purchase programs. As well, their nimble size – the competition is limited to private-sector commercial organizations with less than 500 employees – works to their advantage when it comes to innovating and adapting the latest new initiatives to benefit their employees.
“The competition highlights the dynamism of a smaller work environment with the types of benefits traditionally associated with larger employers,” says Richard Yerema, managing editor of the Canada’s Top 100 Employers project at Mediacorp Canada Inc. “It truly is an unbeatable combination for many job-seekers who want a slightly less formal structure but also value those practical perks and benefits for the longer term.”
Visit here to read the list of the top small and medium-sized businesses employers.