Salary forecasts swayed by region, sector

Average increases could range from 3.5 to 4.1 per cent
By Sarah Dobson
|Canadian HR Reporter|Last Updated: 09/18/2008

Salary adjustments next year will largely depend on industry sector and geography, as the West continues its dominance and Central Canada succumbs to an economic downturn. Results of salary surveys for 2009, from four major consultancies, put the average range of budget increases between 3.5 per cent and 4.1 per cent. (Check out www.hrreporter.com for other survey results as they are released.)

Hay Group

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