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Focus Area—Canadian Economics
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Read all of our latest insights
Updated: February 17, 2021
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.
The first data briefing for the Compensation Planning Outlook summarizes the results of the Conference Board’s annual survey and forecast. The second data briefing, Compensation Planning Outlook 2021: Pulse Check, discusses how employers are adapting to the new and changing labour market.
Based on the insights of 217 Canadian organizations who participated in the Compensation Planning Outlook 2021: Pulse Check survey, this data briefing provides comprehensive information on:
Subscribers + participants
Non-subscribers
Purchase the pulse check ($310)
Become a subscriber
(n = 201; average percentage of base pay; non-unionized employees)
Source: The Conference Board of Canada.
1.9%—projected 2021 salary increase for non-unionized employees
16%—organizations planning a 2021 pay freeze across all employee groups
68%—organizations maintaining 2020 variable pay targets for 2021
1.6%—projected 2021 negotiated wage increase for unionized employees
Based on the insights of 401 Canadian organizations—representing over 1 million employees—who participated in the Compensation Planning Outlook 2021 survey, this data briefing provides comprehensive information on:
Purchase the data briefing ($1,295)
(n = 335; average percentage of base pay; non-unionized employees)
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
“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.”
Participation in the survey allows you to get the Compensation Planning 2023 Outlook report for free.
Webinar | 60-min listenApril 13, 2021 @ 2:00 p.m. ET
Webinar (free) | 45-min listenApril 21, 2021 @ 2:00 p.m. ET
Online experience | 8-min readFebruary 2, 2021
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