Compensation Planning Outlook 2017—Preview

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Compensation Planning Outlook 2017—Preview

People and Culture

Author: Heather McAteer

$1,295.00

To assist in preparing compensation plans for 2017, this preview provides key findings in advance of the full report that will be available in October. The data, supplied by 372 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 2.2 per cent in 2017 (including zeros), with 11 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 the high technology industry at 2.8 per cent. The food, beverage, and tobacco, and the finance, insurance, and real estate industries follow, at 2.7 per cent each. The lowest average increases are expected in the oil and gas sector, with an average increase of 1.1 per cent. Regionally, Manitoba has the highest average projected increases, at 2.7 per cent. The lowest average increase is expected in Alberta at 1.4 per cent.

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In 2017, the overall average increase for non-unionized employees is projected to be 2.2 per cent—2.0 per cent in the public sector and 2.3 per cent in the private sector.

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