- This year, Canadian employers are optimistically planning 2022 salary budgets. The average pay increase for non-unionized employees is projected to be 2.4 per cent next year—nearing pre-pandemic level increases.
- Nine per cent of organizations are freezing pay in 2021—down from 14 per cent that had planned to hold salaries steady across the organization.
- Short-term incentive pay remains a key component of total compensation—76 per cent of surveyed organizations have at least one short-term incentive plan in place. When compared to last year, the percentage of organizations exceeding target payouts nearly doubled.
Compensation Planning Outlook 2022
Compensation Planning Outlook 2022
People and Culture
$1,295.00
This year’s Compensation Planning Outlook is based on responses from 363 organizations with operations in Canada. This report summarizes the results of our annual compensation survey and forecast.
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