Labour Relations Outlook 2024: Part 1—Compensation for Unionized Employees

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Labour Relations Outlook 2024: Part 1—Compensation for Unionized Employees

Human Resources
Pages:22 pages25 min read

Author: Dilys Leman, Diogo Borba, Liz Marcil

$895.00

This data briefing discusses projected wage increases and freezes for unionized employees in 2024, broken down by region, industry, and sector, as well as the anticipated priorities of employers and unions at the bargaining table.

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In this research, part one of two on the outlook for labour relations in Canada, we examine the results of our 2024 Compensation Planning Outlook survey of 186 Canadian organizations with unionized employees. We offer projected wage increases and freezes for unionized employees and anticipate the top bargaining issues between employers and unions.

Will a slowing Canadian economy and decreasing inflationary pressure lead to lower wage increases? How will these economic trends affect individual regions, sectors, and industries? Which labour issues will be prioritized at the bargaining table in 2024?

Read the data briefing to get our full analysis.

Key findings
Introduction
A brief overview of the Canadian economic environment
Wages top the priority list for both employers and unions
Base wage increases in 2024 for unionized  employees
Minor uptick in salary-freeze projections, but still below pre-pandemic numbers
Appendix A—Methodology
Appendix B—Respondent profile
Appendix C—Participating organizations
Appendix D—Bibliography

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