Talent Canada: Organizations adapting to executive shortage in wake of hot market
by Talent Canada
Firms facing uphill battle to land top talent
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.