In lieu of improvements in base pay, more American employers are turning to short-term incentives to reward employees, according to the sixth annual Compensation Planning Survey by Buck Consultants, A Xerox Company. The survey found that the median salary increase in 2013 will be 3%, as employers continue to exercise caution around salary budgets. However, […]
Last week in Toronto, Mercer projected an average salary increase of 3.2% for 2013. This number was based on the firm’s 2012/13 Compensation Planning Survey, which came out earlier this year.
Despite lingering economic uncertainty, Canadians are more optimistic about their employer's hiring plans and growth prospects than they were this time last year, according to the annual BMO Labour Day Survey.
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.