Variations in salary for 2009 influenced by sector, region

Average increases could range from 3.5 per cent to 3.9 per cent
By Sarah Dobson
|Canadian HR Reporter|Last Updated: 12/08/2008

Salary adjustments next year will largely depend on industry sector and geography, as the West continues its dominance while Central Canada succumbs to an economic downturn.

The results from a Hay Group survey of almost 600 Canadian organizations forecast the national average for base salaries will increase by 3.7 per cent in 2009, the same forecast for 2008 (though the actual increase in 2008 was 3.9 per cent).

“The national overall number is the same as last year and at first blush that sounds boring,” says Karl Aboud, Toronto-based international director of reward consulting at the Hay Group. “But the more interesting story is there’s such a divergence, as you segment the data around the average, that it’s more important than ever to focus on your particular business sector and particular geography to determine what the market is.”