- Joined
- Sep 25, 2007
- Messages
- 201
Hi all,
An article from today`s issue of the Globe and Mail (Report on Business). Excerpts:
Cautious employers are expected to raise pay on average 3.6 per cent next year, which would match the weakest gain in three years
Next year`s anticipated pay hikes are already cooler than the 3.8-per-cent increases in both 2007 and 2008.
Even Alberta, where salaries have skyrocketed for years, is likely to simmer down, Hewitt said. Employers expect 5-per-cent raises next year, on average, the weakest rate in four years. Salaries rose 6 per cent in 2007 and 5.6 per cent in 2008.
Alberta and Saskatchewan will still likely lead the country next year. The smallest pay hikes are predicted in Ontario and Quebec, at just over 3 per cent. The Atlantic region was not included in the survey because of low response rates.
Some staff will still see sweet pay increases, most notably in the energy hot spots of Fort McMurray and Grande Prairie, the survey added.
Extra perks for these workers – especially those in Alberta – include signing bonuses and housing allowances, along with cellphones, computers, Internet access, car allowances, flexible work arrangements and more vacation time, Hewitt said.
"Engineers in Fort McMurray are likely doing pretty well," said Ian MacRae, compensation consultant at the firm`s Toronto office, in a release. "Not only are they receiving higher salaries than their counterparts in other locations, they`re probably receiving a range of special compensation arrangements to ensure they stay with their employer."
http://www.theglobeandmail.com/servlet/sto...tory/robAtWork/
Keith
An article from today`s issue of the Globe and Mail (Report on Business). Excerpts:
Cautious employers are expected to raise pay on average 3.6 per cent next year, which would match the weakest gain in three years
Next year`s anticipated pay hikes are already cooler than the 3.8-per-cent increases in both 2007 and 2008.
Even Alberta, where salaries have skyrocketed for years, is likely to simmer down, Hewitt said. Employers expect 5-per-cent raises next year, on average, the weakest rate in four years. Salaries rose 6 per cent in 2007 and 5.6 per cent in 2008.
Alberta and Saskatchewan will still likely lead the country next year. The smallest pay hikes are predicted in Ontario and Quebec, at just over 3 per cent. The Atlantic region was not included in the survey because of low response rates.
Some staff will still see sweet pay increases, most notably in the energy hot spots of Fort McMurray and Grande Prairie, the survey added.
Extra perks for these workers – especially those in Alberta – include signing bonuses and housing allowances, along with cellphones, computers, Internet access, car allowances, flexible work arrangements and more vacation time, Hewitt said.
"Engineers in Fort McMurray are likely doing pretty well," said Ian MacRae, compensation consultant at the firm`s Toronto office, in a release. "Not only are they receiving higher salaries than their counterparts in other locations, they`re probably receiving a range of special compensation arrangements to ensure they stay with their employer."
http://www.theglobeandmail.com/servlet/sto...tory/robAtWork/
Keith