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 […]
Salaries are expected to increase in 2012, but it will take more than that to recruit and retain top talent. Aon Hewitt’s Canada Salary Increase Survey projects an average salary increase of 3.1% next year, a slight improvement over 2011’s actual increases, which averaged 2.9%. The increase is good news for Canadians who may have […]
The gap between government employees and the rest of the working world is widening, says the Canadian Taxpayers Federation (CTF). In response, the CTF has launched a campaign advocating for changes to public sector pensions and salaries. Quoting data from Statistics Canada, the Frontier Centre for Public Policy, the Fraser Institute, and the Canadian Federation […]
The good news? Salary budgets are increasing. The bad news? Employees won’t be pocketing as much as they thought. Employers project base salary budgets will increase by 3.1% for next year, according to Mercer’s 2012 Compensation Planning Survey. This is a slight improvement over 2011’s projected increases (2.9%), but well below increases planned before the […]
With global markets in turmoil and renewed fears of a global economic recession, one might expect that Canadian companies would be tightening their purse strings. This does not appear to be the case when it comes to salary budgets for 2012, according to a Morneau Shepell survey. On average, respondents said they were planning salary […]