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Canadian salary increase budgets forecast to drop to 3.4% in 2025

by Todd Humber September 4, 2024

written by Todd Humber September 4, 2024

Canadian employers are set to scale back salary increase budgets in 2025, with an average increase of 3.4% projected, according to a survey by Normandin Beaudry, a firm specializing in actuarial and total rewards consulting. This marks a 0.2 percentage point decrease from the 3.6% average increase ...

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Normandin Beaudry Salary Survey

Todd Humber

Todd Humber is an award-winning workplace journalist who has been covering the HR, employment law, and workplace safety beats for 25 years. He is the publisher and editor-in-chief at HR News Canada, published by North Wall Media.

Canadian salary increase budgets forecast to drop to 3.4% in 2025

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