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Millions of Canadians have been affected by the coronavirus pandemic. As a recruitment agency, we’ve seen the effects first hand. But some have been more impacted than others. A recent report, The State Of Talent: Layoffs and unemployment in the innovation economy during COVID-19, takes a look at who specifically was impacted and by how much.
Using the survey data collected in August 2020, the report uncovers important details about who may have been impacted by unemployment during the COVID-19 crisis in Canada’s tech startup community. The report identified that women and BIPOC (Black, Indigenous and People of Colour) people have been disproportionately impacted by unemployment during the COVID-19 pandemic.
Here we’ll provide a summary of the report’s findings:
Here are some of the overall findings about the impact of COVID-19:
Here is what the survey found about how women and BIPOC people were impacted by the pandemic:
Salary continues to be a cause for concern. Gaps remain. The report found significant gaps in compensation for underrepresented groups. Findings include:
Based on this report, it’s clear certain portions of the Canadian workforce continue to be under-represented, unfairly treated, and not compensated appropriately. There is still a lot of work to be done to diversify the workplace.
IQ PARTNERS is an Executive Search & Recruitment firm supporting clients across the country. We help companies hire better, hire less & retain more. We have specialist teams of recruiters in Executive Search / Board & C-Suite, Technology, Media, Digital & Marketing, Accounting & Finance, Financial Services & Insurance, Cannabis, Startup, Data Science, Consumer, eCommerce & Retail, Operations & HR, Manufacturing, Supply Chain & Engineering, Legal & Professional Services, Pharmaceutical & Life Sciences, Non-Profit & Sustainability, and Sales. IQ PARTNERS has its head office in Toronto. Click here to view current job openings and to register with us.
As a VP, Client Services, Sarah leads IQ PARTNERS’ Startup and Scaleup Recruitment Practice and is a member of the Marketing Recruitment team. Sarah specializes in working with high growth tech companies on roles across the entire product lifecycle, from demand generation and growth marketing to product management and UX design.