New survey puts Alberta, B.C. and P.E.I. on top for salary increases

October 3, 2023

The national average base salary increase for 2024 is projected at 3.9 per cent (excluding planned salary freezes), according to Eckler’s second annual compensation planning survey.

That number is slightly less than the 2023 projected increase of 4.2 per cent and the 2023 actual base salary increase of 4.4 per cent.

“As organizations continue to grapple with ongoing economic uncertainty and a tight labour market, our survey shows that many are projecting salary increases close to recent highs,” says Anand Parsan, National Compensation Practice leader at Eckler.

Source: HR Reporter