Compen­sation Planning Outlook 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 provides 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 gleaned from hundreds of organizations who participated in the 2020 Compensation Planning Outlook Survey, this comprehensive report provides information about:

  • The pay environment
  • Non-unionized and unionized pay increases
  • Incentive pay and plans
  • Labour market challenges
  • Turnover, absenteeism, and retirement rates

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.

Client

Access the latest research results

The 2020 compensation planning outlook survey gathered data from 326 Canadian organizations representing over 707,766 employees.

Some highlights of the 2020 research

2.5%—average non-unionized projected salary increase

2.9%—highest projected salary increase by industry (pharmaceutical and chemical)

18%—expect their workforce to increase in size

79%—respondents with at least one short-term incentive plan in place

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.

Client

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