Salary increases projected for 2015 by Canadian organizations are holding steady at 2.79%.
Canadian employers are not differentiating pay based on individual performance as much as they could and may be underestimating the importance of non-monetary aspects of the employment experience.
While compensation is a focus for employers, they’re also trying to ensure that their employees are aware of opportunities within the organization.
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.