Salary increase predictions show firms bullish on 2004

Canadian firms predicting average salary increase of 3.25 per cent: survey
By
|hrreporter.com|Last Updated: 10/29/2003

C

anadian firms are projecting average salary increases of 3.25 per cent in 2004, according to a survey by Mercer Human Resource Consulting.

And just a handful or organizations — 3.5 per cent — are projecting salary freezes, an indication that most Canadian companies remain optimistic about their prospects for the coming year, said Danielle Bushen, head of Mercer’s Global Information Services business in Canada.