Tag: economic

How Joblio Provides Upward Mobility

At Joblio, our core aim is to help connect foreign talent with employers that desperately need them – cultivating relationships that are mutually beneficial and allow businesses to thrive.

Above all, we’re passionate about ensuring that the opportunities we provide to job seekers enable them to better their lives through upward mobility.

What is upward mobility? 

“There are various definitions of upward mobility, but they all relate to ‘the experience of moving up into a more comfortable economic position in society,’” said Jon Purizhansky, CEO and Founder of Joblio.

“For example, by making it easier for companies across Canada to hire foreign talent, we’re providing talent with more opportunities to progress in their careers. This lowers unemployment, while also giving them the chance to obtain higher-paid jobs,” he said.

“Our aim to provide foreign talent with upward mobility aligns closely with the UN’s Sustainable Development Goals, particularly those that ‘promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.’”

How is Joblio providing opportunities for upward mobility? 

Refugees and new immigrants face various barriers when it comes to securing employment – and by extension, achieving upward mobility. For example, this includes:

  • Job Seeking Barriers.
  • Language Barriers
  • Housing Barriers.
  • Pre-existing Biases

“Joblio’s ACE program is designed to eradicate these barriers, putting foreign talent on the cusp of success,”  said Jon Purizhansky.

Job Seeking Barriers: 

Refugees and new immigrants are often incredibly active job seekers once they have obtained the relevant paperwork and a work permit. However, a combination of biases and setbacks often means that they end up in positions they would otherwise be overqualified for. For example, a recent Forbes study found that “over one-third of highly educated immigrants in employment are overqualified for their jobs.”

When they take on these roles, they are often doing so out of a desire to provide for themselves and their family. They feel as though certain doors are already closed to them.

At Joblio, we hope to eradicate this issue by partnering with a range of company’s across all industries – including businesses such as your own. This process comes with many benefits – especially as it means that skilled workers are given the chance to shine in the industries that need them. Furthermore, this boosts job satisfaction rates, which allows businesses to grow and develop.

Language Barriers:

While over 200 languages are spoken in Canada, the majority of workplaces require talent that are English-speaking. While proficiency levels can vary, this requirement is often put in place to allow smooth and easy communication among team members. As a result, it is particularly important in high-pressure or dangerous environments, such as construction or building sites.

In order to eliminate language barriers, we provide our jobseekers with language courses and classes that help them to develop their language skills quickly. Again, this opens them up to more opportunities in the workplace, as they’re able to apply for more varied positions. This can also work towards upward mobility as “those who are bilingual or multilingual can earn 5%-20% more per hour than those who aren’t.”

Housing Barriers:

One of the biggest roadblocks and concerns that new immigrants face in Canada is finding suitable housing for themselves and their families. After all, there are many factors at play here. They want to find a space that is safe, with a strong sense of community. This helps them feel at home, even though they may be very far from the life they knew previously. Sometimes, access to nice housing or living spaces can limit their job search as they become tethered to a certain place or property – even if they’re aren’t many opportunities in that area.

At Joblio, we hope to eradicate housing struggles and make it easier for new immigrants to find a job and a house that meets their needs by providing them with three, valid housing options to consider. This housing is always within 45 minutes from their work and is priced at no more than 30% of their total net income budget.

Once they’ve selected a property that meets their needs, one of our dedicated and friendly operations managers will talk them through the rest of the process. For example, while we do not cover or subsidize housing costs, we can make it possible for new immigrants to rent out properties without credit scores. This takes a lot of the stress out of moving to a new place, so the candidates can focus their full attention on their work without worrying about accommodation.

Pre-existing biases:

Jon Purizhansky: One of the biggest roadblocks that foreign talent face is due to pre-existing biases or misinformation. For example, employees may be hesitant to hire foreign talent as they believe the process will take too long. However, as our services are incredibly streamlined, many job seekers on our platform are able to start work quickly, often within seven days. This gives foreign talent the opportunity to excel by ensuring they get their foot through the door.

Once they join your team, you’re sure to see what an asset they are to your company.

Get in touch today to find out more via email at employer@joblio.co or visit https://joblio.co.

How UN’s Sustainable Development Goals Can Help You Grow Business

In previous blogs, we’ve touched upon the importance of the UN’s sustainable development goals when it comes to building a better, more equitable future for all. While the goals are altruistic, their implementation will also benefit businesses of all sizes moving forward.

With that in mind, here are just some of the ways in which the SDG’s can help you to grow your business.

The SDG’s can solve the staffing crisis. 

Canada is currently facing a rather alarming staffing crisis. For example, “There were 34,315 vacant nursing jobs in Canada at the end of 2021, a 133% increase from 2019” As these figures are reflected in just about every industry, it’s clear that the problem isn’t going to go away on its own.

“By working to uphold the UN’s aim to “promote sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all”, business owners can find new ways to fill these vacancies, such as by hiring foreign talent or refugees,”  said Jon Purizhansky, CEO and Founder of Joblio.

This will enable you to find new employees from your company sooner. rather than later. This will save your business money as you are no longer facing the massive cost of unfilled positions. 

Joblio hopes to help achieve this goal – in fact, it was the entire reason we launched the platform. By helping employers across all industries connect with their ideal employees, we’re not only working to reduce the impact of the staffing crisis but also ensuring that people have access to fulfilling and rewarding careers.

This works to directly support refugees’ economic agency as they’re able to pursue work that is meaningful and aligns with their talents, instead of being turned away to positions they are already qualified for. For example, a recent survey found that 62% of immigrants aged 15 and over are employed in Canada. While this is considerably higher than in other nations, there is still room for improvement – especially as a considerable amount of able individuals are actively seeking work.

The Sustainable Development Goals empower future innovators. 

Through improving access to education (goal four), work opportunities (goal eight) and reducing inequalities (goal ten), we’re building the working landscape of tomorrow. This means that we’re creating more diverse spaces, where new and innovative ideas can be brought to the table. As a result, when hiring a refugee you are bringing in key skills and “diversity which can enhance local economics and promote innovation and creativity”.

“As a result, in doing so, we’re empowering the next generation of entrepreneurs and innovators who will no doubt change many industries moving forward,” said Jon Purizhansky.

You can read about the success of many refugee-led businesses here.

The SDG’s fight poverty.

There are many ways in which sustainable development goals work to combat poverty. In relation to refugees or displaced individuals, these goals are designed to reduce the severe economic pressures they face when settling into their new homes.

Many studies have found that “economic poverty was endemic and a growing problem for refugees”, likely because they have limited access to employment opportunities. By providing them with access to fair wages, they can begin to progress through upwards mobility. They have more money to support themselves and their family and as a result, can begin to spend more money too. This benefits the growth of small businesses as they’ll receive enhanced custom.

When there is more money being spent as a whole, businesses are given the funding they need to thrive. As a result, working towards the UN’s sustainable development goals can prove to be not only rewarding but profitable.

To find out more, please do not hesitate to get in touch via email at employer@joblio.co or visit https://joblio.co.

Originally Posted: https://joblio.co/en/blog/how-the-uns-sustainable-development-goals-can-help-you-grow-your-business/

Is It Smart To Open a Business During a Recession

As a business owner, you may be wondering if it’s wise to open a new business during a recession. After all, economic conditions are tough and consumer spending is down. However, there are some advantages to starting a business during this time. For one, competition is lower since many businesses have closed their doors. Additionally, costs associated with opening a new business are also lower. If you’re considering starting a business, here are some things to keep in mind.

  1. What is a recession and how do you know if one is happening

A recession is a significant decline in economic activity spread across the economy, lasting more than a few months. It is visible in industrial production, employment, real income, and wholesale-retail trade. The technical indicator of a recession is two consecutive quarters of negative GDP growth.

There are various ways to determine if a recession is happening. The most common method is to look at GDP growth. If GDP growth is negative for two consecutive quarters, then it is generally agreed that a recession is taking place. Other indicators that are often used to determine if a recession is occurring are industrial production, employment, real income, and wholesale-retail trade.

Recessions can happen suddenly or they can happen slowly over time. They can be caused by a variety of factors, including financial crises, natural disasters, policy changes, or even just a slowdown in the economy.

“Recessions can have a significant impact on people’s lives. They can lead to job losses, lower incomes, and an overall decline in living standards. So it is important to be aware of the signs of a recession and to know what to do if one occurs.” – says Jon Purizhansky.

  1. Signs that your business might not be doing well during a recession

There are a number of signs that your business might not be doing well during a recession. One of the most common signs is a decline in sales. If you are seeing a significant drop in sales, it could be an indication that your business is struggling.

Another sign that your business might not be doing well during a recession is an increase in costs. If your costs are rising faster than your revenues, it could be an indication that your business is not as profitable as it once was.

A third sign that your business might not be doing well during a recession is a decline in profits. If your profits are falling, it could be an indication that your business is not as efficient as it once was.

“If you are seeing any of these signs in your business, it is important to take action.” – states Jon Purizhansky.

  1. How to make your business more recession-proof

There are a number of things that you can do to make your business more recession-proof. One of the most important things is to diversify your products and services. If you only offer one product or service, you are more likely to be affected by a recession than if you offer a range of products and services.

Another important thing to do is to focus on cost-cutting measures. If you can reduce your costs, you will be in a better position to weather a recession.

Finally, it is also important to have a good marketing strategy. If you can increase your sales during a recession, you will be in a better position to withstand the effects of the downturn.

  1. What to do if you have to close your business during a recession

As explained by Jon Purizhansky, if you have to close your business during a recession, it is important to take some time to plan your exit strategy. You will need to think about how to wind down your business, how to deal with your employees, and how to protect your assets.

You should also consider whether or not you will be able to reopen your business once the recession is over. If you think that there is a chance that you will be able to reopen, you should make sure that you have a solid plan in place.

  1. How to survive financially during a recession

If you are struggling financially during a recession, there are a number of things that you can do to survive. One of the most important things is to cut back on your expenses. You should try to live as simply as possible and to only spend money on essential items.

Another thing that you can do is look for ways to increase your income. If you are able to get a part-time job or start a side business, it will help you to make ends meet.

Finally, it is also important to have a safety net in place. If you have savings, they can help you to weather the storm during a recession. You should also consider taking out insurance policies that will cover you in case of job loss or other financial difficulties.

A recession can be a difficult time for businesses, but there are things you can do to weather the storm. If you are aware of the signs of a recession, you can take steps to make your business more recession-proof. If you have to close your business during a recession, there are things you can do to plan your exit strategy. If you are struggling financially during a recession, there are also ways to survive. The most important thing is to be prepared and to have a plan in place.