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Would you opt for an exciting but lower-paying job than a boring but higher-paying job?
Canadians satisfied with their lot
61% believe they're better off financially than their parents: poll
Eric Beauchesne
The Ottawa Citizen
Tuesday, September 14, 2004
More Canadians believe they are fairly paid rather than underpaid, but few think they're overpaid, according to poll results that suggest Canadians are generally a financially contented and optimistic lot.
Most say they are better off financially than their parents were, and there are more optimists than pessimists about the financial outlook for their children's generation.
The survey conducted by pollster Environics for ADP Canada, a business services firm, found that 61 per cent say that they are better off financially than their parents were at the same age, while 19 per cent say their situation is the same and 16 per cent believe they are worse off.
"Even though it often seems like our paycheques are being squeezed in a vise, ... the majority of Canadians feel the vise's grip is looser for them than it was for their parents," said Rod Dobson, President of ADP Canada.
Residents of Manitoba and Saskatchewan were the most likely to say they are financially better off than their parents, with two-thirds of them feeling that way, and Atlantic Canadians the least likely at 59 per cent.
Looking ahead, 41 per cent of Canadians say the next generation will be even better off, 24 per cent fear it will be worse off, and 29 per cent believe it will be about the same as it is today.
Albertans are the most optimistic about the outlook for the next generation, with 55 per cent saying it will be better off, Quebecers were equally divided with 27 per cent saying it will be better off, matching the 27 per cent who felt their children will be worse off, while British Columbians were the most pessimistic, with 31 per cent saying their children's generation will be worse off.
Canadians evaluations of their paycheques are also mixed.
More than half -- 56 per cent -- of all working Canadians believe they are paid fairly while 36 per cent say they are underpaid.
Albertans are slightly less likely than other Canadians to say they are underpaid, at 33 per cent, while residents of Manitoba and Saskatchewan are the most likely to feel that way at just over 40 per cent.
More women (40 per cent) than men (32 per cent) also say they are underpaid.
In contrast, only three per cent of working Canadians admit they are overpaid.
Almost one-half of workers, however, don't even bother to closely check their pay stubs to ensure they're getting what they are supposed to, with one in 10 trashing them without even looking, including just over one in 10 men but only one in 20 women.
"Many of us would probably notice a price change at Tim Hortons before we'd detect an anomaly on our paycheque," said Rod Dobson, president of ADP Canada.
Adding to the view that most Canadians are satisfied with their paycheques was the fact that two-thirds say they would opt for an exciting but low-paying job over a well-paying but boring job.
The results also suggest Canadians are altruistic, with 54 per cent saying they would opt for a job that is in the public interest over making a lot of money in business, with only 38 per cent going for the bigger bucks.
Most also believe money is for spending, not saving, with 55 per cent seeing themselves as spenders first, and only 38 per cent saying money made should be saved.
The results of the late August survey of 1,001 adult Canadians are considered accurate within 3.1 percentage points 19 times out of 20.
© The Ottawa Citizen 2004
Canadians satisfied with their lot
61% believe they're better off financially than their parents: poll
Eric Beauchesne
The Ottawa Citizen
Tuesday, September 14, 2004
More Canadians believe they are fairly paid rather than underpaid, but few think they're overpaid, according to poll results that suggest Canadians are generally a financially contented and optimistic lot.
Most say they are better off financially than their parents were, and there are more optimists than pessimists about the financial outlook for their children's generation.
The survey conducted by pollster Environics for ADP Canada, a business services firm, found that 61 per cent say that they are better off financially than their parents were at the same age, while 19 per cent say their situation is the same and 16 per cent believe they are worse off.
"Even though it often seems like our paycheques are being squeezed in a vise, ... the majority of Canadians feel the vise's grip is looser for them than it was for their parents," said Rod Dobson, President of ADP Canada.
Residents of Manitoba and Saskatchewan were the most likely to say they are financially better off than their parents, with two-thirds of them feeling that way, and Atlantic Canadians the least likely at 59 per cent.
Looking ahead, 41 per cent of Canadians say the next generation will be even better off, 24 per cent fear it will be worse off, and 29 per cent believe it will be about the same as it is today.
Albertans are the most optimistic about the outlook for the next generation, with 55 per cent saying it will be better off, Quebecers were equally divided with 27 per cent saying it will be better off, matching the 27 per cent who felt their children will be worse off, while British Columbians were the most pessimistic, with 31 per cent saying their children's generation will be worse off.
Canadians evaluations of their paycheques are also mixed.
More than half -- 56 per cent -- of all working Canadians believe they are paid fairly while 36 per cent say they are underpaid.
Albertans are slightly less likely than other Canadians to say they are underpaid, at 33 per cent, while residents of Manitoba and Saskatchewan are the most likely to feel that way at just over 40 per cent.
More women (40 per cent) than men (32 per cent) also say they are underpaid.
In contrast, only three per cent of working Canadians admit they are overpaid.
Almost one-half of workers, however, don't even bother to closely check their pay stubs to ensure they're getting what they are supposed to, with one in 10 trashing them without even looking, including just over one in 10 men but only one in 20 women.
"Many of us would probably notice a price change at Tim Hortons before we'd detect an anomaly on our paycheque," said Rod Dobson, president of ADP Canada.
Adding to the view that most Canadians are satisfied with their paycheques was the fact that two-thirds say they would opt for an exciting but low-paying job over a well-paying but boring job.
The results also suggest Canadians are altruistic, with 54 per cent saying they would opt for a job that is in the public interest over making a lot of money in business, with only 38 per cent going for the bigger bucks.
Most also believe money is for spending, not saving, with 55 per cent seeing themselves as spenders first, and only 38 per cent saying money made should be saved.
The results of the late August survey of 1,001 adult Canadians are considered accurate within 3.1 percentage points 19 times out of 20.
© The Ottawa Citizen 2004
