So many companies release reports and whitepapers this week. In our update, we are highlighting three reports that are worth the read.

Many companies are taking measures to increase pay equity among workers, research from talent solutions and business consulting firm Robert Half shows. Nearly seven in 10 C-suite executives surveyed in Canada (69 percent) said they have observed salary discrepancies between new hires and more tenured staff in the past year. Of those, 57 percent are regularly reviewing compensation plans and increasing salaries for existing employees, when appropriate, to align with current market rates.

“In today’s tight labour market, employers need to recognize and resolve any pay discrepancies that may exist among employees in order to retain talent and remain competitive as an organization,” said David King, Canadian senior managing director of Robert Half. “Companies should take deliberate steps to improve their compensation strategy, including benchmarking salaries, conducting pay equity reviews, and making adjustments as needed to ensure all employees are paid fairly for their work.”

View an infographic of the research highlights.

“Along with addressing salary gaps, companies need to provide a fulsome compensation and benefits package that promotes a positive employee experience overall,” added King. “That includes offering opportunities for career development and advancement, additional paid time off, flexible schedules, and remote or hybrid work options.”

Visit www.roberthalf.ca/en/salary-guide for the latest information on salary and employment trends for more than 400 positions across the finance and accounting, technology, administrative and customer support, marketing and creative, legal, and human resources professions in Canada.  

In more research news, the global mobile edge computing market will reach $6,100.4 million by 2030, growing by 32.6% annually over 2020-2030 despite the impact of the COVID-19 pandemic.

The market is driven by the increasing interconnected devices, the rapidly increasing mobile data traffic, the rising need to improve end-users Quality of Experience (QoE), and the rising demand for low-latency processing and real-time automated decision-making solutions.

This report is based on comprehensive research of the entire global mobile edge computing market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies from 2017-2019 and provides estimates for 2020 and forecast from 2021 till 2030 with 2019 as the base year (Year 2020 is not appropriate for research base due to the outbreak of COVID-19. You can read more of the report here.

Additionally, there is more research news from Europe, a new independent survey of 753 senior decision-makers from European retail and eCommerce businesses reveal their appetite for embedded finance products. It found:

• 74% of European retailers are already offering embedded finance solutions to customers
  • 56% plan to roll out more embedded finance solutions in the coming year 
• Cashback loyalty schemes, credit cards, and debit cards are the most common products currently being offered
• 73% of retailers say customers have expressed a desire for embedded financial products
  • However, 39% of decision-makers admit they do not fully understand the term ‘embedded finance’ 

Embedded finance is picking up steam across Europe’s retail and eCommerce sector, with over half (56%) of retailers surveyed intending to either increase their offering (34%) or to start offering (22%) embedded finance solutions in the coming 12 months, new research from Banking-as-a-Service (BaaS) provider Vodeno has revealed. 

To read more about this report you can download the white paper  https://vodeno.com/reimagining-retail/