The average national salary increase in Canada rose to 2.8 per cent (excluding freezes), similar to pre-coronavirus pandemic levels, signalling that rising vaccination numbers, low unemployment rates and a tight labour market are having an effect on employers’ compensation practices, according to a new survey by Normandin Beaudry. While 20 per cent of Canadian companies said […]
Wages are going up in Canada, with employers projecting an average annual pay increase of 2.5 per cent for next year, according to a new survey by LifeWorks Inc. When excluding organizations that are planning salary freezes, the poll found average salaries are expected to rise 2.7 per cent in 2022. It demonstrates growing confidence […]
With 57 per cent of Canadian employees expecting flexible working arrangements to continue post-coronavirus pandemic, 54 per cent of Canadian employers are adopting a hybrid working arrangement, according to a new survey by Mercer Canada. The survey found 61 per cent of employees said they prefer to work from home and, currently, 77 per cent […]
The federal government is taking steps to close the gender wage gap with the Pay Equity Act, which came into effect on Aug. 31. The legislation requires federally regulated public and private sector employers to ensure workers receive equal pay for work of equal value, according to a press release, which noted employers have three […]
When the coronavirus pandemic was first declared in March 2020, teleworking was supposed to be a temporary emergency measure. But a year and a half later, its popularity has soared to new heights. Its impact has shaken up the traditional work structure, calling into question certain personal working-from-home choices. For example, since many employees are […]
The federal government says legislation meant to help close the gender wage gap will come into effect on Aug. 31 and be phased in over the next three years. The Pay Equity Act requires federally regulated employers to ensure workers receive equal pay for work of equal value and is meant to help women get […]
Canada’s new employee stock option tax rules are raising a number of questions for employers, says David Crawford, a partner at Hugessen Consulting Inc. The new rules — part of the 2021 federal budget signed into law on June 29 — include an annual limit of $200,000 that will apply on stock option grants that […]
Almost half (49 per cent) of Canadian employers said they’ve put promotions on hold due to the coronavirus pandemic and, as a result, 61 per cent are worried about staff retention, according to a survey by Robert Half Canada Inc. The drop in promotions hasn’t gone unnoticed by some employees, as a separate poll from […]
Men and women are unevenly participating in equity compensation plans among private employers, according to new research conducted in the U.S. by Morgan Stanley. The investment bank and financial service company found only 41 per cent of women participated in these plans, compared to 52 per cent of men. And of those individuals who were […]
A recent decision from the Ontario Superior Court suggests that federally-regulated employers will be held to the same strict rules as their provincial counterparts in ensuring that termination provisions comply with minimum employment standards. “The decision in Sager v. TFI International Inc. extends courts’ pro-employee interpretation of termination clauses in the context of minimum standards […]