Average base pay increases in 2017: 2.2%
Average base pay increases in 2017. The Conference Board of Canada says the overall average increase for non-unionized employees is projected to be 2.2 % — 2.0 % in the public sector and 2.3 % in the private sector.
The lowest average increases are expected in the oil and gas sector at 1.1%, and the province of Alberta at 1.4%. The CBoC surveyed 372 organizations across Canada for this year’s Compensation Planning Outlook survey. The highest projected increases are in the high tech industry at 2.8%. The food, beverage, tobacco, finance, insurance, and real estate industries follow, at 2.7 per cent each.
Notably, 11 % of organizations are planning a pay freeze across all employee groups.
Stayed tuned – we will share more highlights as they are released.
What are your plans for 2017? Do your projected increases fall within the CBoC expectations? Or, is your organization planning a pay freeze?