Compensation Planning Outlook 2016—Preview

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Compensation Planning Outlook 2016—Preview

People and Culture

Author: Allison Cowan, Heather McAteer

$1,270.00

To assist in preparing compensation plans for 2016, this preview provides key findings in advance of the full report that will be available in October. The data, supplied by 367 organizations across Canada, are based on responses to this year’s Compensation Planning Outlook survey. The preview reveals that the overall average base pay increase for non-unionized employees is projected to be 2.6 per cent in 2016 (including zeros), with 5 per cent of organizations planning a pay freeze across all employee groups. Among other noteworthy findings, the preview reveals that projected increases are highest in government at 3.0 per cent, followed by chemical, pharmaceutical, and allied products at 2.9 per cent. The lowest average increases are expected in the health sector, with an average increase of 1.5 per cent. Regionally, Saskatchewan has the highest average projected increases, at 3.2 per cent. The lowest average increase is expected in British Columbia at 2.3 per cent.

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In 2016, the overall average increase for non-unionized employees is projected to be 2.6 per cent—2.6 per cent in the public sector and 2.5 per cent in the private sector.

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