Projected increases are highest in the pharmaceutical and chem-ical
products industry, at 2.7 per cent. Increases of 2.6 per cent are
projected in the construction industry, along with organizations in
finance, insurance and real estate; not for profits; the retail trade
industry; and the accommodation, food, entertainment and per-sonal
services sector. The lowest average increases are expected in
the health sector, with an average increase of 1.6 per cent in 2018.
Regionally, Manitoba, Ontario and Quebec lead the pack in
terms of projected increases, with wage gains ranging from 2.6 per
cent to 2.5 per cent. Meanwhile, the lowest average base pay in-creases
are expected in Alberta and Saskatchewan, at 2.1 per cent.
In line with the past two years, 57 per cent of organizations
reported challenges recruiting and/or retaining specific skills.
Employers in Ontario experienced the most difficulties recruiting
and/or retaining employees with particular skills. Nearly one-half
of Ontario organizations (48 per cent) indicate challenges in these
areas. Industries experiencing the highest attraction and retention
challenges include construction (91 per cent), communications
and telecommunications (82 per cent), wholesale trade (86 per
cent) and the food, accommodation, entertainment and personal
services industries (86 per cent).
The professions in highest demand continue to be IT special-ists,
management, accounting/finance, engineering and skilled
trades. While there has been some movement in the ranks, these
five specializations have remained the most sought after for over
a decade.
The 36th edition of the Compensation Planning Outlook sum-marizes
the results of The Conference Board of Canada’s annual
compensation survey and forecast. ■
news
REGIONALLY,
MANITOBA,
ONTARIO AND
QUEBEC LEAD THE
PACK IN TERMS
OF PROJECTED
INCREASES, WITH
WAGE GAINS
RANGING FROM
2.6 PER CENT TO
2.5 PER CENT.
Robert Przybys / Shutterstock.com
12 ❚ DECEMBER 2017 ❚ HR PROFESSIONAL
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