Canadian employers plan to increase salaries by 2.6% in 2015, according to a survey by Hay Group.
Canada's energy sector continues to lead the country with the largest actual and projected increases year over year.
Employers in Canada are expecting salaries to rise by an average of 2.8% in 2015, according to Morneau Shepell’s annual survey of Compensation and Trends in Human Resources.
International talent management experts estimate that the average cost of a poor hiring decision is 30% or more of that hire’s first year’s probable earnings, reports PI Worldwide.
Scotiabank and the representative plaintiff, Cindy Fulawka, have reached an agreement to settle an overtime class action lawsuit.
Following Ontario's June 1, 2014, minimum wage increase to $11, the province is introducing legislation to provide more fairness for both employees and businesses, and ensure its minimum wage keeps pace with the cost of living.
The use of employee incentive programs remains steady in Canada, but many companies are giving rewards that employees don't value.
Many Canadian and American companies haven't aligned their total rewards strategy with their business strategy, according to a survey.
Federal public servants have pension guarantees in their DB plans that are mispriced, causing Ottawa to seriously underestimate the cost of the pension plans and the total compensation of its employees, according to a report.
The Government of Saskatchewan will increase the province's hourly minimum wage to $10.20 from $10.00 effective Oct. 1, 2014 and will soon introduce regulations to provide for regular indexing of the minimum wage each year.