pay freeze – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 21 Nov 2024 22:24:05 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Canadian employers projecting smaller compensation increases in 2024: survey https://www.benefitscanada.com/news/bencan/canadian-employers-projecting-smaller-compensation-increases-in-2024-survey/ Wed, 27 Sep 2023 19:00:11 +0000 https://www.benefitscanada.com/?p=144152 Canadian employers are projecting, on average, 3.3 per cent for merit increase budgets and 3.7 per cent for total increase budgets in 2024, compared to 3.6 per cent and 4.1 per cent, respectively, in 2023, according to a new survey by Mercer Canada. “In the face of economic uncertainty and reduced labour market pressure, employer […]

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]]> Canadian base salaries increasing 4% in 2023: survey https://www.benefitscanada.com/news/bencan/canadian-base-salaries-increasing-4-in-2023-survey/ Mon, 26 Sep 2022 19:00:05 +0000 https://www.benefitscanada.com/?p=127422 Canadian base salaries are set to increase by four per cent in 2023, a percentage that’s comparable to 2022, according to a new survey by LifeWorks Inc. The survey, which polled more than 500 Canadian employers, found while roughly six per cent of organizations froze their base salaries in 2022, fewer than two per cent plan […]

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