Canadians willing to work longer to live better
According to a recent study conducted by the CIBC, 6 Canadians out of 10 aged 50 to 59 are willing to work longer in view of having a better retirement. And only 1 out of 4 would retire earlier if they had the opportunity and be willing to live more modestly. What motivates those who would want to continue working? Maintaining their current lifestyle, even if they don’t meet their retirement savings goals. Finally, 24% of those surveyed said that they will not have paid off their debts by the time they retire, most of them not intending to settle them before the deadline. It’s an attitude that could have an impact on cash flow and financial flexibility of future retirees, according to the CIBC.
Candidates’ race against the clock to make a good impression in interviews
A study conducted by Accountemps shows that candidates only have a short time to persuade recruiters during job interviews. In fact, it only takes ten minutes for 52% of Canadian HR managers to form an opinion. This time is even shorter for 29% of them who don’t need more than five minutes to reach conclusions. 22% say it takes between 11 and 20 minutes to form an opinion, 4% between 21 and 30 minutes and 14% more than 30 minutes. Job seekers therefore have every interest to be at their best at the beginning of the interview, even when entering the company, since HR managers don’t hesitate to consult those with whom they have interacted to make their decision, according to Accountemps.