Compensation Planning Outlook 2018: Regional Snapshot—Alberta

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Compensation Planning Outlook 2018: Regional Snapshot—Alberta

Human Resources

Author: Kathryn MacLean

$310.00

Private sector increases in Alberta for 2018 are projected to be significantly above public sector increases—2.3 per cent vs.1.0 per cent.

In 2018, organizations in Alberta expect to spend 12.0 per cent of total base pay spending on short-term incentive pay. Nationally, the cost of STIPs averaged 10.2 per cent of base pay in 2017 and is projected to increase to 10.7 per cent for 2018.

In 2017, 58 per cent of Alberta employees received a wage increase, and the voluntary turnover rate stood at 8.5 per cent.

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The average pay increase for non-unionized employees in Alberta is projected to be 2.1 per cent in 2018, while the average negotiated wage increase for unionized employees is 0.7 per cent.

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