Results from Morneau Shepell's 30th annual Compensation – Trends and Projections survey released today suggest that Canadian employers expect salaries to rise in 2013 by an average of 2.6%. This projection is slightly lower than that forecasted by Mercer in its compensation survey, which were reported yesterday.
A new study has found that those living in the western provinces are going to make out better in the pay department next year. But those in the oil and gas industry will get the biggest chunk of the pie, no matter where they live.
New compensation regulations adopted in the U.S., UK and other countries following the financial crisis are causing global financial services companies to focus on talent management and on rewards beyond pay to help them attract, retain and engage top talent, according to a poll from Towers Watson.
It looks like ongoing market volatility hasn’t affected North American executive compensation plans.
Keith Ambachtsheer looks at the compensation conundrum.
Canadian employees are anticipating a good year, but remain skeptical about benefits and bonuses, according to Randstad Canada’s Global Workmonitor survey.
Canadian small business owners are having a difficult time finding good employees. According to American Express’s Small Business Monitor survey, 11% of small business owners have never found the right person for a position and 28% have had jobs open for up to three months before finding the appropriate candidate.
U.S. workers can expect modest pay raises averaging 2.8% next year, compared to 2.7% in 2011 and 2.9% in 2010, according to a survey by Buck Consultants. The Compensation Planning for 2012 survey also found that 80% percent of respondents have a pay-for-performance philosophy, down from 87% last year. “Our research into pay practices reveals […]
A trip to Paris. Pet insurance. Unlimited time off. Canada’s Top 100 Employers have been named for 2012, and they show that offering non-traditional benefits can have a positive impact on recruiting, engaging and retaining employees. The annual ranking, now in its 13th year, attempts to determine which employers are leaders in their industries when […]
Canadian workers can expect a pay raise next year. Thanks to cautious optimism among Canadian companies, salary budgets are slowly moving back to pre-recession levels, Towers Watson reports in its annual salary survey. For 2011, 97% of employers reported increasing or planning to increase employee salaries an average of 2.9%. Salaries are expected to increase […]