How to Attract Top Talent—and Keep Them + MORE Jun 9th

It’s no secret. After a banner year for tech company investment, a push to digitize businesses in response to the pandemic and the so-called Great Resignation, employers are scrambling to hire and retain skilled tech employees. A recent KPMG Business Outlook Poll suggests that nearly 80 per cent of Canadian respondents said they needed more employees with tech skills, but 68 per cent were having a hard time finding enough workers to help them grow. 

But forget Friday happy hour and free lunches (because, seriously, can anyone stomach having a drink with colleagues over Zoom anymore?). To lure new hires, it’s all about remote positions, generous salaries and signing bonuses according to global human resource consulting firm Robert Half data. Therein lies the rub—at least for start-ups and scaling companies competing not only with local corporations with deep pockets, but with competitors around the world. Suddenly, engineering graduates with shiny degrees and experienced leaders alike no longer must live near Silicon Valley to work in Silicon Valley…

Many Canadians carry debt on their credit card, perhaps resigned to paying the high interest rate they agreed to when they opened their account. What cardholders might not realize, however, is that compound interest—meaning interest charged on interest—can quickly bloat a modest debt load into a financial burden.

If you’ve been chipping away at a credit card balance but feel like you’re not really making a dent, you may want to consider a new strategy: making a credit card balance transfer. In this article, we’ll walk you through the basics of credit card interest and how to use a credit card balance transfer to keep your debt load under control.

How credit card interest is calculated

When you use a credit card, there’s an APR, or annual percentage rate, that’s applied to purchases or other services like cash advances. With many cards, this rate hovers at around 19.99%. As the name suggests, this is an annual percentage rate, but credit cards are charged monthly—so you’ll need to do some math if you want to know your daily or monthly rate…