MediaCorp has unveiled the victors of the 2024 edition of the “100 Top Employers in Canada” contest. Established in 2000, this annual event remains a focal point, not only within Canada but also for job seekers nationwide, including newcomers.
The competition seeks to honor organizations that excel in providing outstanding workplaces for their employees, setting industry standards in the process.
What are the selection criteria?
Businesses with a head office or primary place of business in Canada are eligible to participate in the competition. It evaluates participants based on eight selection factors, comparing them with others in their industry. Employers receive letter grades ranging from A to F in each of the following categories:
- Workplace
- Work atmosphere and social factors;
- Health financial and family benefits
- Vacation and time off
- Employee communications
- Performance management
- Training and skills development; and
- Community involvement.
A note on receiving work permit sponsorship from employers
These top employers play a crucial role in helping newcomers build eligibility for economic pathways to permanent residence (PR), depending on the type of work permit they hold. It’s worth noting that many economic pathways mandate at least one year of continuous, skilled work experience in Canada for eligibility, including Provincial Nominee Programs (PNPs) or Express Entry-managed programs.
Market Impact Assessment (LMIA)-based work permit, on the other hand, ties the work permit to a specific employer and job. Having an open work permit provides newcomers with more flexibility in the job market and may enhance their chances of obtaining permanent residency through various pathways.
Special highlights from 2024’s top employers
Financial Compensation
Businesses with a head office or primary place of business in Canada are eligible to participate in the competition. It evaluates participants based on eight selection factors, comparing them with others in their industry. Employers receive letter grades ranging from A to F in each of the following categories:
For 2024 the employers that scored the highest (A+) in this category were as follows:
- Business Development Bank of Canada;
- Canadian Aviation Electronics Inc;
- Canadian Imperial Bank of Commerce (CIBC);
- Enbridge Inc.;
- Provincial Credit Union Ltd.;
- Royal Bank of Canada;
- Schneider Electric Canada Inc; and
- TD Bank Group.
Work abroad options
Flexibility in remote work options, especially for newcomers balancing work and visits to their home country, is a crucial aspect of work-life balance. Among this year’s top employers recognized for their progressive work abroad options are:
- Procter & Gamble (P&G) Canada
- British Columbia Investment Management Corp. (BCI)
- Fowler Bauld & Mitchell Ltd. (FBM)
- Bank of Canada (BoC)
