OTTAWA, Feb. 12, 2013 /CNW/ - Salary gains continue to be strong in
Alberta and Saskatchewan at approximately four per cent this year,
compared to three per cent nationally, according to The Conference
Board of Canada's Mid-Year Pulse Check of its annual compensation planning outlook survey.
"Economic growth is uneven across the country. While employers are
feeling the pinch in Ontario and other parts of eastern Canada, the oil
and gas sector is pushing up wages in Alberta and Saskatchewan," said
Ian Cullwick, Vice-President, Leadership and Human Resources Research.
"Salaries in oil and gas this year are rising slightly faster than we
projected, and labour markets in western Canada are tightening. We have
heard from natural resources firms that virtually all of them are
having trouble finding the skilled workers they need."
Across Canada, non-union salary increases in 2013 are projected to
average three per cent.
The oil and gas sector continues to project the highest average salary
increases, at 4.5 per cent, up from 4.2 per cent last fall.
For unionized employees, average wage increases closed the year at 1.9
per cent, down slightly from the 2.1 per cent projected last fall.
Salary growth projections have been revised upwards in Saskatchewan
(four per cent) and Alberta (3.9 per cent). The projections for Quebec
(2.7 per cent), Ontario (2.5 per cent), and British Columbia (2.5 per
cent) have been revised downward, and remain below the national average
of three per cent.
View video commentary by Allison Cowan, Senior Research, Compensation and Industrial
The Conference Board conducted its Compensation Planning Outlook 2013
Mid-Year Pulse Check survey in December 2012. A total of 237
organizations replied, representing a response rate of 59 per cent of
the 401 organizations that completed the Compensation Planning Outlook survey in the summer of 2012.
While most industry salary projections have changed little since last
year, more than half of the companies in the food, beverage, and
tobacco industries reported revising salary increases down in recent
months. As a result, the expected increase across these industries has
fallen from 2.9 per cent to 2.3 per cent.
More than two-thirds of respondents said economic conditions in 2013
will be comparable to those of 2012. A quarter think business
conditions are likely to improve, while only seven per cent believe
that conditions will deteriorate in 2013.
View the map: Compensation Planning Outlook - Increases by Region.
Video with caption: "Video: Compensation Outlook 2013". Video available at: http://youtu.be/Eb7g4swIMZs
Image with caption: "Ian Cullwick, Vice-President, Leadership and Human Resources. (CNW Group/Conference Board of Canada)". Image available at: http://photos.newswire.ca/images/download/20130212_C4805_PHOTO_EN_23601.jpg
PDF available at: http://stream1.newswire.ca/media/2013/02/12/20130212_C4805_DOC_EN_23603.pdf
SOURCE: Conference Board of Canada
For further information:
Brent Dowdall, Media Relations, Tel.: 613- 526-3090 ext. 448