Salary forecast

The Normandin Beaudry Salary Increase Survey: an essential tool to guide your strategic decision-making for compensation matters. Every year, discover the latest salary increase trends in your industry by participating in our free summertime survey.

Salary increases for 2025: Budgets aligned with initial projections 

As the labour market continues to balance out and inflationary pressures ease, salary increase budgets are continuing to trend towards pre-pandemic market norms. Tracking budgetary changes, anticipating potential market changes and managing compensation spend continue to be key priorities for organizations. 

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December 2024

Salary increases for 2025: Budgets slowly declining

Average salary increase forecasts in Canada have gradually lowered over the past two years, with an average forecasted increase of 3.4% for 2025 excluding salary freezes.

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September 2024

Salary increase projections for 2025: Increase budgets slowly declining

As the labour market continues to balance out and inflationary pressures start to ease, salary increase budgets are continuing to trend towards pre-pandemic market norms.

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July 2024

It’s time to participate to the 2025 Salary Increase Survey!

The data collection period has begun! It’s free, will only take 15 minutes of your time: you have until July 5th to participate.

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June 2024

The 2025 salary increase survey is right around the corner!  

Have questions about salary increases and would like to take part in the survey, free of charge? 

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June 2024

Salary increases for 2024: Canadian budget forecasts remain stable since summer

In late 2023, more than 430 organizations across Canada took part in Normandin Beaudry’s Salary Increase Pulse Survey.

As inflationary pressure slowly tapers off and the labour market begins to balance out, the survey sought to confirm the 2024 salary forecasts established by the organizations last summer.

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February 2024

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