Av­er­age N.L. salary ex­pected to rise 2.4 per cent in 2018

The Aurora (Labrador City) - - FRONT PAGE -

Em­ploy­ers ex­pect the av­er­age salary in New­found­land and Labrador to rise by 2.4 per cent in 2018, Morneau She­p­ell says.

That’s slightly higher than the 2.3 per cent in­crease ex­pected for salaries across Canada. This year, She­p­ell says, the coun­try’s salaries are in­creas­ing by 2.2 per cent.

The num­bers come from the com­pany’s an­nual Trends in Hu­man Re­sources sur­vey, which was re­cently re­leased.

“The ex­pected 2.3 per cent in­crease com­pares favourably to the cur­rent rate of in­fla­tion, which is about 1.0 per cent,” stated a news re­lease from Morneau She­p­ell, a hu­man re­sources ser­vices and tech­nol­ogy com­pany head­quar­tered in Toronto.

Que­bec is ex­pected to have the high­est av­er­age salary in­creases, at 2.6 per cent, and the low­est in­crease (1.8 per cent) is ex­pected in Al­berta.

Cer­tain sec­tors are ex­pected to have higher-than-av­er­age in­creases, in­clud­ing util­i­ties (2.9 per cent), and man­u­fac­tur­ing and whole­sale trade (2.7 per cent). Some in­dus­tries ex­pected to have lower-thanaver­age in­creases are pub­lic ad­min­is­tra­tion, health care and so­cial as­sis­tance (1.7 per cent), and ed­u­ca­tional ser­vices (1.9 per cent).

The Morneau She­p­ell sur­vey, which re­ceived in­put from 370 or­ga­ni­za­tions with 895,000 em­ploy­ees, also asked about em­ploy­ers’ pri­or­i­ties for 2018. More than 90 per cent of HR lead­ers ex­pressed con­cern about their em­ploy­ees’ readi­ness to re­tire; 65 per cent said a pri­or­ity is im­prov­ing em­ployee en­gage­ment; and 47 per cent are mak­ing im­prov­ing phys­i­cal and men­tal health a pri­or­ity.

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