Compen­sation Planning Outlook 2021

Updated: September 29, 2020

Each year, the Conference Board’s Compensation Planning Outlook provides a trusted forecast for compensation and HR professionals across the country. This benchmarking report gives the most up-to-date data, essential for any organization looking to secure the talent they need to succeed in an increasingly competitive marketplace.

Based on the insights of 401 Canadian organizations—representing over 1 million employees—who participated in the 2021 Compensation Planning Outlook Survey, this data briefing provides comprehensive information on:

  • The pay environment
  • Non-unionized and unionized pay increases
  • Incentive pay and plans
  • Labour market challenges

Subscribers + participants

Access the research


Icon of a head wearing headphones

Purchase the webinar
Oct 21 @ 2:00 p.m.

Sale icon

Purchase the bundle
Get the research and webinar for $1,495—a savings of $200.

I can always count on The Conference Board of Canada to give me the most up-to-date and accurate salary planning data. Year after year, I eagerly await this trusted publication to plan my company’s salary range adjustments and merit budget.


40%—organizations that do not yet have preliminary 2021 budget recommendations

2.1%—non-unionized employees’ projected 2021 salary increase

14%—organizations planning a 2021 salary freeze across all employee groups

1.6%—projected 2021 negotiated wage increase for unionized employees

Ask an Expert

Employers have and will continue to face a multitude of challenges in their compensation planning for 2021. Our Human Resources expert, Allison Cowan, shares insights from the latest Compensation Planning Outlook 2021.

2021 projected salary increase

(n = 335; average percentage of base pay; non-unionized employees)

Source: The Conference Board of Canada.

The Compensation Planning Outlook report always provides great information. As an HR professional, The Conference Board of Canada has proven to be a trustworthy source for my various research needs.

Get the 2022 Compensation Planning Outlook for free

Just participate in next year’s survey

Send us an e-mail

Related products