news
employees is projected to be 2.9 per cent
next year, one percentage point higher than
the forecasted inflation rate for 2015, according
to The Conference Board of Canada’s
Compensation Planning Outlook 2015.
“The good news is that most Canadian
organizations are planning salary increases
for 2015. However, employers remain cautious
about Canada’s economic performance
and are opting for the same modest wage
increases seen in the past few years,” said
Ian Cullwick, vice-president, Leadership
and Human Resources Research at The
Conference Board of Canada.
Salary increases vary considerably depending
on region and industry. Once again,
Saskatchewan and Alberta employers will
lead the nation with projected average increases
of 3.6 per cent and 3.5 per cent
respectively. The lowest average increases are
expected in the Atlantic provinces at 2.3 per
cent, followed by Ontario at 2.5 per cent.
“Although more organizations are starting
to report challenges recruiting and
retaining employees, we’re still not back
up to pre-recession levels, when close to
three-quarters of organizations experienced
difficulty in this area,” said Cullwick.
Sixty-four per cent of organizations say
they are experiencing difficulty recruiting
and retaining employees this year, up from
58 per cent in the previous year.
This is the 33rd edition of the Compensation
Planning Outlook, which summarizes
the results of The Conference
Board’s annual compensation survey and
forecast conducted in June 2014. The
findings are based on the responses of
382 organizations across Canada. ■
SIXTY-FOUR PER CENT OF ORGANIZATIONS
SAY THEY ARE EXPERIENCING
DIFFICULTY RECRUITING AND RETAINING
EMPLOYEES THIS YEAR, UP FROM 58
PER CENT IN THE PREVIOUS YEAR.
Apple_2015_v3_HRPro:24Hr 26/01/2015 8:54 AM Page 1
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Correction
Due to a file transfer error, some
text in the February edition’s article
“Compassionate Care Leave: Giving
care to caregivers,” which begins
on page 32 of the February issue,
appeared incorrectly. To view the
correct version of the article, please
visit www.hrpatoday.ca/article/
compassionate-care-leave.html.
HRPATODAY.CA ❚ MARCH/APRIL 2015 ❚ 9
