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Prepared by Aon Hewitt © 2012 Aon Hewitt Inc. All Rights Reserved. Strategic Allocation of Rewards Budgets September 26, 2012 Webinar
Prepared by Aon Hewitt
© 2012 Aon Hewitt Inc. All Rights Reserved.
Strategic Allocationof Rewards Budgets
September 26, 2012
Webinar
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Our Presenters
Darcy Clark – Speaker
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Today’s Discussion
Objectives– To share the results from the 2012 Salary Increase Survey.
Agenda– Salary Increase Trends– Hot skill jobs/locations– Igniting a High Performance Culture
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Survey Demographics
Salary Increase Survey data based on data from 422 organizations
2 major categories: – Manufacturing – 162 organizations– Service – 260 organizations
Geographic Representation:
Source: Aon Hewitt Survey—Canada Salary Increase Survey 2012/2013
British Columbia 8%
Alberta 14%
Saskatchewan 5%
Manitoba 4%
Ontario 48%
Quebec 19%
Atlantic Canada 2%
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Survey Demographics
Number of Full-Time Employees:
Ownership:– Publically Traded: 47%– Privately Held: 53%
Source: Aon Hewitt Survey—Canada Salary Increase Survey 2012/2013
Under 250 29%
250 – 500 11%
501 – 1000 15%
1001 – 1500 9%
1501 – 2000 7%
2001 – 5000 15%
Over 5000 14%
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Salary Increase Trends
Actual 2012 IncreasesProjected 2013 Increases (July/August)
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Salary Increases by Canadian Province—Actual 2012
n = 422
2.9%4.0%
3.1%4.1%
3.2%2.8%
Atlantic Canada
3.0%
Source: Aon Hewitt Survey—Canada Salary Increase Survey 2012/2013
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Salary Increases by Canadian Province—Projected 2013
n = 422Source: Aon Hewitt Survey—Canada Salary Increase Survey 2012/2013
2.6%3.8%
3.1%3.9%
3.2%2.9%
Atlantic Canada
2.8%
2.6%3.8%
3.1%3.9%
3.2%2.9%
Atlantic Canada
2.8%
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Regional Pay Differentials in Canada
n = 422Source: Aon Hewitt Survey—Canada Salary Increase Survey 2012/2013Professional-Specialist Employees
Atlantic 93%
FortMcMurray
106%
Vancouver100%
NWT108%
Yukon106%
Manitoba 96%
Montreal98%Calgary
102%Saskatchewan
98%
Atlantic 93%
FortMcMurray
106%
Vancouver100%
NWT108%
Yukon106%
Manitoba 96%
Montreal98%Calgary
102%Saskatchewan
98%
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Canadian Industry Actual 2012 Overall Salary Increase –All Employees
Actual Overall Salary Increases for 2012
Per
cent
of P
ayro
ll
Industry
4
0
3
2
1
5
Business/Computer Services
2.4
Banking/ Finance
3.2
Aerospace3.4
Construction/Engineering
4.1
Life & Health Insurance
2.1
Retail2.8
Mining/Milling& Smelting
3.8
Government2.9
Transportation2.9
Chemical3.2
Research & Development
3.6
Health Care/ Medical Services
2.5
Food/Beverage/Tobacco
3.0
Hospitality/Restaurant
1.9
4.3
Energy(Oil/Gas)
Energy Services
3.1
Source: Aon Hewitt Survey—Canada Salary Increase Survey 2012/2013
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Canadian Industry Projected 2013 Overall Salary Increase –All Employees
Projected Salary Increases for 2013
Per
cent
of P
ayro
ll
Industry
4
0
3
2
1
5
Business/Computer Services
2.6
Banking/ Finance
3.1
Aerospace3.4
Construction/Engineering
3.4
Life & Health Insurance
2.1
Retail2.8
Mining/Milling& Smelting
3.9
Government2.9 Transportation
3.0
Research & Development
3.4
Health Care/ Medical Services
2.8
Food/Beverage/Tobacco
3.0
Hospitality/Restaurant
1.9
3.9
Energy(Oil/Gas)
Energy Services
3.4
Source: Aon Hewitt Survey—Canada Salary Increase Survey 2012/2013
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Salary Freeze, Cuts: July 2012
3% companies reported a salary freeze for 20121.7% of organizations are projecting a salary freeze for 2013!
Source: Aon Hewitt Survey—Canada Salary Increase Survey 2012/2013
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Thank you
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Contact
Darcy [email protected]
Websitewww.aonhewitt.com/canada
