Skip to main content
The Globe and Mail
Support Quality Journalism
The Globe and Mail
First Access to Latest
Investment News
Collection of curated
e-books and guides
Inform your decisions via
Globe Investor Tools
Just$1.99
per week
for first 24 weeks

Enjoy unlimited digital access
Enjoy Unlimited Digital Access
Get full access to globeandmail.com
Just $1.99 per week for the first 24 weeks
Just $1.99 per week for the first 24 weeks
var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o?"remove":"add"](select.closed),dom.control.setAttribute("aria-expanded",o)}function onToggleClicked(){var l=!isPanelOpen();setPanelState(l)}function onWindowScroll(){window.requestAnimationFrame(function() {var l=isPanelOpen(),n=0===(document.body.scrollTop||document.documentElement.scrollTop);n||l||!allowExpand?n&&l&&(allowExpand=!0,setPanelState(!1)):(allowExpand=!1,setPanelState(!0))});}pencilInit(".js-sub-pencil",!1); // via darwin-bg var slideIndex = 0; carousel(); function carousel() { var i; var x = document.getElementsByClassName("subs_valueprop"); for (i = 0; i < x.length; i++) { x[i].style.display = "none"; } slideIndex++; if (slideIndex> x.length) { slideIndex = 1; } x[slideIndex - 1].style.display = "block"; setTimeout(carousel, 2500); }

Workers can expect a slightly higher pay increase this year compared to last year.

Wolfgang Amri/iStockphoto

Canadian employees will be happy to hear that salaries are expected to rise an average of 2.8 per cent in 2015, up from the 2.6-per-cent salary increase last year.

The figures, reported in an annual survey released by human resource consulting company Morneau Shepell, also take into account salary freezes and excludes promotional or special salary adjustments.

"Employers are relatively optimistic about the coming year," Michel Dubé, a principal in Morneau Shepell's compensation consulting practice, said in a statement. "Those expecting a significant increase in revenue, operating budgets and staffing outnumber those expecting decreases by four to one."

Story continues below advertisement

Although the mining, oil and gas sectors continue to retain their crown for the highest salary increases, the upcoming year's hike of 3.4 per cent falls short of last year's 3.9-per-cent pay raise. Wholesale and retail trade workers will see the smallest increases with only a 2.4-per-cent hike as tougher economic conditions continue.

The report also found that professional, scientific and technical services are pulling ahead with a 3-per-cent pay increase, which Morneau Sheppell said reflects the increased competition for talent in the sector.

Looking into the upcoming year, businesses will be continuing to look for ways to improve employee engagement and performance as they struggle with tightening salary budgets. The report found the major priorities for 2015 would include reward and training and development programs.

Cost-cutting will also affect sick leave and disability pay policies, with one of the hardest hit being benefit and retirement plans. A third of employers who still have defined benefit pension plans signalled in the report their desire to review their existing policies and discuss how employees can share the costs. A quarter said they would be looking into making the switch to defined contribution pension plans.

The survey was conducted during June and July, with input from organizations employing 800,000 people in Canada.

Report an error Editorial code of conduct
Tickers mentioned in this story
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

Comments that violate our community guidelines will be removed.

Read our community guidelines here

Discussion loading ...

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies