Amid the sluggish economy, Canadian employers remain cautious, planning only moderate base salary increases next year, The Conference Board of Canada projects. Average increases for non-unionized workers will likely be 2.6%.
The lowest average increases for non-unionized employees are expected in British Columbia (2.3%) and Alberta (2.4%).
The economy of Alberta has suffered due to declining oil prices, causing turnover rates in the oil and gas and natural resources sectors to nearly double since last year.
The highest salary projections are for Saskatchewan (3.2%) and Manitoba (2.9%).
Read: Why Canada’s economy is underperforming
Compensation increases were also moderate in 2015, when 74% of employees saw their salaries rise, down from 86% in 2014.