Labour Relations Outlook 2026: Compensation Trends Forecast for Unionized Employees
When unions and employers meet at bargaining tables in 2026, they will find some shared priorities but also face conflicting views on key topics.
Which topics will be front and centre? How will these affect increases in base pay and short-term incentives? Where will pay increases land compared to inflation? What is the longer-term outlook for unionized pay and bargaining environments?
Key findings
The impacts of high inflation are a not-so-distant memory
Cash is still king for short-term incentive plans
Cooperative bargaining climate
Over 100 collective agreements were settled in 2023
Final thoughts
Appendix A: Methodology
Appendix B: Glossary
Appendix C: Respondent profile
Appendix D: Participating organizations
Appendix E: Bibliography
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