Who gets what depends on what gets done

Salary forecasts for 2001 show continued trend to variable pay programs as employers look to hold onto employees without increasing fixed costs
By David Brown
|Canadian HR Reporter|Last Updated: 06/18/2002

Base salary increases for next year will look a lot like those handed out this year; surveys suggest it’s likely to be in the area of 3.5 per cent.

While moderate wage increases may be good news for employers, they represent the easy part of the compensation equation.

The importance of base salary in structuring compensation packages has been steadily decreasing in recent years while variable pay takes on an increasingly larger role.