Slight slowing in West, rising turnover impact salary forecasts

Increases of 2.79 to 3.7 per cent predicted in 3 surveys
By Sarah Dobson
|Canadian HR Reporter|Last Updated: 11/03/2014

Canadian employers continue to have a “cautious and conservative outlook” when it comes to salary increases — despite pressures to retain and motivate employees, according to a survey by Accompass (formerly Pal Benefits).

Increases projected for 2015 sit at 2.79 per cent, in line with the 2.74 per cent increase projected last year, found the September survey of 401 organizations, with the majority based in Ontario, Alberta and British Columbia.