Salary Increases Remain Muted Amid Economic Uncertainty

Conference Board of Canada

OTTAWA, Sept. 19, 2016 /CNW Telbec/ - The Conference Board of Canada releases a sneak preview of its Compensation Planning Outlook 2017.

Report Highlights

• Average increases for non-unionized employees is projected to be 2.2 per cent next year.
• 11 per cent of Canadian organizations are planning a pay freeze across all employee groups.
• Lowest average increases are expected to be in the oil and gas sector at 1.1 per cent. Meanwhile, workers in the high tech industry will have the highest increases at 2.8 per cent
• Regionally, Manitoba has the highest projected increases at 2.7 per cent, while the lowest average increase is expected in Alberta.

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SOURCE Conference Board of Canada

Image with caption: "Planned salary increases for 2017 by region. (CNW Group/Conference Board of Canada)". Image available at: http://photos.newswire.ca/images/download/20160919_C6011_PHOTO_EN_775218.jpg

Yvonne Squires, Media Relations, The Conference Board of Canada, Tel.: [phone] ext. 221, E-mail: [email protected]; or Juline Ranger, Director of Communications, The Conference Board of Canada, Tel.: [phone] ext. 431, E-mail: [email protected]