Compensation Planning Outlook 2016: Regional Snapshot – Quebec

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Compensation Planning Outlook 2016: Regional Snapshot – Quebec

People and Culture

Author: Heather McAteer

$300.00

The Compensation Planning Outlook is an annual survey on compensation and human resources practices in Canada conducted by The Conference Board of Canada. In August, 38 predominantly large and medium-sized organizations from Quebec participated in the survey. In December 2015, the Mid-Year Pulse Check survey was sent to Compensation Planning Outlook participants to gather updated salary projection data. Twenty-one organizations from Quebec responded. The average pay increase for non-unionized employees in Quebec is forecast to be 2.6 per cent in 2016 – 0.9 percentage points above the expected rate of inflation.

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Quebec’s economy has experienced setbacks, in large part due to slowdowns in the U.S. economy and stalled exports recovery. Nevertheless, the 2016 projected average salary increase for non-unionized employees is 2.6 per cent – more than the forecast Quebec inflation rate of 1.7 per cent.

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