Compensation Trends

Due to a tightening economy and labour market, employers plan to award average base pay increases of 3.8 percent in 2009, slightly less than the 4 per cent increase granted in 2008. Pay raises are significantly higher for employees in regions with high-performing industries with oil and gas and natural resources the highest with projected pay increases ranging from 4.2 to 5.4 percent for 2009. In contrast, durable manufacturing and transportation are expecting less than average pay increases in 2009 at 3.4 percent.

Overall the national average is similar to last year however there is a difference by region. Canada’s slowing economy is colliding with the war for talent to push the national average forecast for base salaries up by 3.7 per cent for 2009. Click this link to look at the average adjustments expected by region and by major industry grouping: Average Salary Adjustments

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