Average small business owner is working equivalent of eight-day week due to staff shortages: study

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 92%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The report found 59% of Canada’s small and medium-sized businesses were affected by labour shortages, forcing the average owner to work 54 hours per week to compensate

A new study by the Canadian Federation of Independent Business says the average small business owner is working the equivalent of an eight-day workweek due to staffing challenges, especially in Western Canada.

“They have to turn down sales contracts, decrease service offerings. They are diverted from developing and implementing strategies to their business to improve, to grow their business, so that’s really an issue.” Bomal said the problem is particularly prevalent in the West, where 76 per cent of small business owners in Alberta affected by labour shortages are working more hours as a result, followed by 75 per cent each in Manitoba and British Columbia.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Small business owners working eight-day week equivalent due to staff shortages: CFIBThe report, based on a survey, found 59 per cent of Canada\u0027s small and medium\u002Dsized businesses were affected by labour shortages
Source: TheTorontoSun - 🏆 23. / 68 Read more »

Small business owners working eight-day week equivalent due to staff shortages: CFIB - BNN BloombergA new study by the Canadian Federation of Independent Business says the average small business owner is working the equivalent of an eight-day workweek due to staffing challenges, especially in Western Canada.
Source: BNNBloomberg - 🏆 83. / 50 Read more »