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According to Mercer’s 2019/2020 Canadian Compensation Planning Survey, merit increase budgets have increased slightly in 2019 to 2.6% – an increase of 0.1% from the year before – and are projected to remain steady in 2020 as employers seek to define their employee value proposition.
Mercer's latest analysis of CEO compensation finds that median reported pay for top Canadian CEOs remained flat between 2017 and 2018. This analysis is based on the top 60 listed companies on the TSX in 2018 – called the TSX60.
Mercer has joined forces with Wealthsimple to create an easy-to-use digital saving and investing solution for the Canadian workforce
The solvency position of Canadian defined benefit pension plans remains unchanged following the second quarter of 2019, thanks in part to strong equity market performance and despite a large swing in long-term interest rates.
Mercer’s 25th Cost of Living Survey finds that the country’s highest-ranked city, Vancouver (112), dropped three places. Toronto, ranked as the country’s costliest city in 2018, dropped six spots to 115, while Montreal (139) climbed eight spots. Calgary (153) and Ottawa (161) remained stable.
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