Average salary increases of 2.9% are expected in 2014 across all employee groups and industries in Canada, according to Aon Hewitt.
The 2014 projected salary increases are expected to show no change over the actual 2013 salary increases, which on average were also 2.9%.
Salary increases for 2014 are projected to range from 2.3% for manual workforce employees in service organizations to 2.9% for executive, management and professional staff in manufacturing.
Projected 2014 salary increases in the manufacturing sector are between 2.8% and 2.9% for all employee groups with the exception of manual workforce employees where the projected salary increase is 2.5%.
Among respondents to the survey, 2.6% are forecasting a freeze for 2014, down from 3.1% of organizations that reported a freeze in 2013.
In total, 464 Canadian employers responded to the survey. Participants were comprised of 254 service organizations and 210 manufacturing organizations.
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