Employees would take cut in pay for more family time

ADP poll also finds Canadians would donate to help environment

One-quarter of Canadians say they would agree to take less money home from their pay cheque for more time with family and an investment in the environment, according to the fourth annual ADP Payday Poll.

Four in ten Canadians would be willing to take a 20-per-cent pay cut if it meant they could spend 20 per cent more time with family. However, just three in 10 boomers would make such an trade-off, compared to 53 per cent of young adults aged 18 to 29.

One-half of respondents say they would consider donating 10 per cent of their pay cheques to ensure a cleaner environment for their grandchildren, including 43 per cent of those 50 and older and 65 per cent of those 18 to 29.

But the telephone survey of 2,006 Canadians in August also found almost one-quarter of Canadians conceal certain purchases from family members, Among this 22 per cent, women predominantly hide clothes (32 per cent) and beauty products and treatments (14 per cent) while men are most likely to hide electronics (13 per cent).

“While many of us want more take-home pay, according to the ADP Payday Poll, Canadians don’t always take it home,” said Heather Nairn-Rand, vice-president of marketing at ADP Canada.

The survey also found 58 per cent of Canadians say their current financial situation is better than that of their parents when their parents were the same age. As for the future, one-third believe the next generation of their family will be better off financially at the same age, while another third (32 per cent) feel the next generation will be the same and 26 per cent believe their children will be worse off.
Confidence about the future is more prevalent among newcomers, as 52 per cent of those born outside Canada are optimistic about the next generation’s wealth compared to just one-third of those born in Canada.

Seven in 10 Albertans and two-thirds of Atlantic Canadians believe they are richer than their parents were but just 52 per cent of British Columbians feel the same way.

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