Compensation management is important because it affects so many other functions. Your market pricing activities must be thoughtful, organized, repeatable, accurate, and aligned with your labour market. What is the best way to ensure this happens? Start by developing a salary benchmarking methodology.

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Accurate and timely compensation data holds even greater value this year as the dynamic between employee and employer continues to shift in the Canadian labour market. This means that there is no shortcut or substitution for valid, quality annual salary survey data and compensation reports.

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Check out some of the highlights reported in the 2024 Canada Compensation Policies and Practices Survey. Completed by over 300 companies, this survey provides insights into what other organizations are offering. Take this information and ensure you are providing your employees with the most competitive compensation packages, beyond just competitive pay

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Across the board, employers are re-evaluating their employee value propositions (EVPs) to attract the new generation of worker. With a focus on higher pay, more flexible hours, enhanced benefits, and better engagement you can attract and retain the Gen Z talent you need.

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As a manager, open and honest discussions about pay are important yet difficult. In this article we’ll touch on how to foster transparency, build trust, and promote fairness in pay conversations to ensure a positive and productive work environment.

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Tech talent is no longer something that is required by purely technology companies. So, what are Canadian companies looking for in tech talent and where are can you find that talent.

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Let’s look at insights from Mercer’s extensive research, survey data, and Comptryx to uncover what’s impacting high-tech in Canda today. We’ll look at the trends affecting the industry today and help ensure your business is ready to adapt to attract and retain the best talent.

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