Canada compensation planning survey pulse 

Too soon to tell

August 2022 edition

Most companies are just beginning to think about increase budgets

Budgets continue to rise

Employers are paying more

Off cycle increases are being used for a variety of reasons

  • 95%

    Based on individual performance
  • 79%

    Based on internal equity
  • 76%

    Based on relationship of current salary level to new grade midpoint or market value
  • 44%

    Based on an individual's skills
  • 34%

    Based on individual potential
  • 26%

    Based on Total Compensation delivered
  • 4%

    Other
  • 2%

    No factors considered; across the board salary inccrease (i.e., equally distributed)

Salary structures are being adjusted

2023 Projected (excluding 0s)
All numbers are averages and include zeros unless otherwise noted.
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