CMC Microsystems, Canada’s leading hardware technology facilitator, and manager of Canada’s National Design Network® (CNDN), has shared results from its recent study on CNDN alumni, and the training of Highly Qualified Personnel (HQP) in Canada.
“CNDN researchers graduate as ‘walking technology transfer,’ bringing a holistic skillset into the marketplace,” writes CMC Microsystems.
TVB Associates used LinkedIn data to deliver key portions of their study, identifying findings such as:
- Accelerated career progression: Alumni are about twice as likely to be in executive or management positions within 10 years, and about 25% more likely after 20 years.
- Greater employee retention and engagement: CNDN alumni remain with their employers longer than peers who did not use CNDN, and this effect is seen for up to 20 years.
- Retention in Canada: Over 70% of CNDN alumni continue to work in Canada for over 20 years in a hypercompetitive, globally integrated marketplace.
CNDN graduates have collaborated with and worked for over 1,000 Canadian firms from start-ups and scaleups to industry giants in sectors where Canadian innovation is most needed, such has automotive, aerospace, energy and the environment, healthcare, and defence and security.