The top employers according to MediaCorp's "100 top employers in Canada" for 2024 have been announced.
Since it began in the year 2000, this yearly event has not only attracted widespread notice in Canada but also influences job searches by both natives and foreigners skilled workers and professionals. The competition's goal is to honor companies who set the standard for "offering exceptional workplaces for their employees" in their respective fields.
Any company that has its main office or headquarters in Canada is eligible to enter the competition. Eight selection criteria form the basis of the competition. Companies are graded from A to F in each of the following categories after being compared to other businesses in their sector to determine which ones have the most progressive policies. The categories are: -
Workplace
Social aspects and work environment
Financial and familial health benefits
Vacation and time off
Employee communications
Performance management
Development of skills and training
Community involvement
Any of these businesses may be able to assist immigrants in establishing their eligibility for economic pathways to permanent residency (PR) in Canada, based on the type of work permit they hold. It is helpful to remember that in order to be eligible for most economic immigration pathways, such as Provincial Nominee Programs (PNPs) or Express Entry-managed programs, applicants must have completed at least one year of continuous, skilled work experience in Canada.
Whether a newcomer has an open or closed work permit (based on a Labor Market Impact Assessment) is a crucial factor in this. With an open work permit, an individual is not restricted to working for any one business and can work for most sectors. A positive or neutral Labor Market Impact Assessment (LMIA) result is required for a work permit based on the LMIA, which limits its holders to working for one employer within a given industry.
Financial Compensation
Getting paid money is frequently the starting point of a job hunt. Employers had to provide a variety of perks related to compensation in order to receive high marks in this category. These benefits may include year-end bonuses, referral bonuses (given to staff members who recommend new hiring), long-term savings and financial planning options, frequent salary evaluations, and more.
The following employers received the highest rating (A+) in this category for 2024:
Business Development Bank of Canada
Canadian Aviation Electronics Inc.
Canadian Imperial Bank of Commerce
Enbridge Inc.
Provincial Credit Union Ltd.
Royal Bank of Canada
Schneider Electric Canada Inc.
TD Bank Group
Notable school employment
If you’re an international graduate looking to work in Canada for the first time, working for your alma mater can be a smooth transition into the workforce. Here are five schools that made this year’s top 100 employers list.
Carleton University - Carleton is renowned for its comprehensive employee healthcare services, which include full premium healthcare coverage for all workers (including retirees) and a comprehensive campaign called "Healthy Workplace" that encourages both mental and physical well-being. In addition, workers receive paid holidays at the end of the year and a generous amount of vacation time.
College of Physicians and Surgeons, British Columbia - a flexible statutory holiday policy is provided by the College of Physicians and Surgeons B.C., which permits staff members to replace up to three official holidays with days that hold special meaning for them personally, culturally, or religiously. The college also offers progressive maternity and parental leave compensation, which covers up to 75% of an employee's income for either 52 or 37 weeks.
Simon Fraser University - employees at Simon Fraser University have many healthcare benefits in addition to starting with four weeks of paid vacation time. The university is located atop Burnaby Mountain, one of the most distinctive campuses in the nation. A climbing wall, racquetball courts, indoor soccer, swimming pools, personal fitness consultations, and several teacher-led dance, yoga, and martial arts classes are among them.
Université de Montréal - The Université de Montréal not only provides a wide range of health benefits, such as no waiting periods for coverage, nutrition planning, and robust mental health coverage, but it also offers employees a plethora of opportunities to develop their skills. These include an online skills inventory, mentoring, in-house training programs, and tuition subsidies for courses that are both related to and unrelated to their jobs.
University of New Brunswick - Strong financial advantages and pay are a hallmark of UNB, which include long-term pension benefits, outside wage evaluations, and signing bonuses for select roles. UNB does, however, excel in this year's rankings for its training and skill development support, which includes financial bonuses for completing courses, educational leave, and tuition subsidies.
Options for work overseas
For several newcomers in Canada, the ability to work remotely or even overseas during their visits to their own country may be a crucial component of work-life balance. Businesses offering advanced work abroad opportunities were also featured on this year's list of the top employers. Some top scorers are:
Bank of Canada - BoC's remote work solutions, which offer flexible work hours, are intended to lessen the demands that employees may have at the beginning of the workday from their families or communities. Furthermore, BoC has a "work from away" policy that permits staff members to work from overseas for up to six weeks annually in authorized Canadian or international locations.
Procter & Gamble (P&G) Canada - "Work-ways" is the name of the flexible employment program that P&G oversees. In accordance with this policy, workers are encouraged to collaborate with their managers to create remote and hybrid work arrangements that satisfy both their needs and the needs of the company. This agreement allows you to work overseas and provides a work-from-home allowance.
British Columbia Investment Management Corp. (BCI) - With the "Work from Anywhere" policy offered by BCI's work abroad alternatives, workers can work remotely from anywhere in the world for up to one month each year (which can be broken up into smaller chunks during the year). Interestingly, the company also offers a "Talking to Strangers" service that makes sure workers maintain relationships with one another even while they are working remotely.
Fowler Bauld & Mitchell Ltd. (FBM) - FBM has a long-standing strategy of providing its workers with flexible work schedules, hybrid work options, and even a shortened work week that consists of four days of work plus prolonged weekends.
Special benefits and work settings
The immersive work environment of Harper Collins Canada Ltd. and Harlequin Enterprises ULC includes free book borrowing for staff members, sit-stand workstations, Halloween costume competitions, and other author events.
The headquarters of Mars Canada are located in Toronto and have a large workspace, as well as indoor and outdoor dog parks, a community garden, a maple syrup bush that is harvested each spring, basketball and volleyball courts, a hockey rink, and other facilities.
Employees at Binder Dijker Otte (BDO) Canada is eligible for the "Do What You Love" program, which gives taxable reimbursements of up to $1,350 CAD for a variety of personal activities, such as cooking classes, concert or sporting event tickets, travel-related expenses, and more.
Check if you qualify to migrate to Canada. Check out Owlspriority Immigration’s Canada Settlement Resources to learn about finding employment in Canada, making your initial days stress-free, etc.
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