Strategic Allocation of Rewards Budgets

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1 Strategic Allocation of Rewards Budgets Prepared by Aon Hewitt September 26, 2012 Webinar 2012 Aon Hewitt Inc. All Rights Reserved.

2 Our Presenters Darcy Clark Speaker Aon Hewitt 2012 Aon Hewitt Inc. All Rights Reserved. 2

3 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 Aon Hewitt 2012 Aon Hewitt Inc. All Rights Reserved. 3

4 Survey Demographics Salary Increase Survey data based on data from 422 organizations 2 major categories: Manufacturing 162 organizations Service 260 organizations Geographic Representation: British Columbia 8% Alberta 14% Saskatchewan 5% Manitoba 4% Ontario 48% Quebec 19% Atlantic Canada 2% Aon Hewitt 2012 Aon Hewitt Inc. All Rights Reserved. 4

5 Survey Demographics Number of Full-Time Employees: Under % % % % % % Over % Ownership: Publically Traded: 47% Privately Held: 53% Aon Hewitt 2012 Aon Hewitt Inc. All Rights Reserved. 5

6 Salary Increase Trends Actual 2012 Increases Projected 2013 Increases (July/August) Aon Hewitt 2012 Aon Hewitt Inc. All Rights Reserved. 6

7 Salary Increases by Canadian Province Actual % 4.0% 4.1% 3.1% 2.8% 3.2% Atlantic Canada 3.0% n = 422 Aon Hewitt 2012 Aon Hewitt Inc. All Rights Reserved. 7

8 Salary Increases by Canadian Province Projected % 3.8% 3.9% 3.1% 2.9% 3.2% Atlantic Canada 2.8% n = 422 Aon Hewitt 2012 Aon Hewitt Inc. All Rights Reserved. 8

9 Regional Pay Differentials in Canada Yukon 106% NWT 108% Fort McMurray 106% Vancouver 100% Calgary 102% Saskatchewan Montreal 98% Atlantic 93% 98% Manitoba 96% n = 422 Professional-Specialist Employees Aon Hewitt 2012 Aon Hewitt Inc. All Rights Reserved. 9

10 Canadian Industry Actual 2012 Overall Salary Increase All Employees Actual Overall Salary Increases for 2012 Percent of Payroll Energy (Oil/Gas) 4.3 Energy Services Health Care/ Medical Services Aerospace Government Banking/ Finance Hospitality/ Restaurant Mining/Milling & Smelting Transportation Food/ Beverage/ Tobacco Business/ Computer Services Research & Development Retail Construction/ Engineering 4.1 Chemical Life & Health Insurance 0 Industry Aon Hewitt 2012 Aon Hewitt Inc. All Rights Reserved. 10

11 Canadian Industry Projected 2013 Overall Salary Increase All Employees Projected Salary Increases for Percent of Payroll Energy (Oil/Gas) 3.9 Energy Services Health Care/ Medical Services Aerospace Government Banking/ Finance Hospitality/ Restaurant Mining/Milling & Smelting Transportation Food/ Beverage/ Tobacco Business/ Computer Services Research & Development Retail Construction/ Engineering Life & Health Insurance 0 Industry Aon Hewitt 2012 Aon Hewitt Inc. All Rights Reserved. 11

12 Salary Freeze, Cuts: July % companies reported a salary freeze for % of organizations are projecting a salary freeze for 2013! Aon Hewitt 2012 Aon Hewitt Inc. All Rights Reserved. 12

13 Thank you Aon Hewitt 2012 Aon Hewitt Inc. All Rights Reserved. 13

14 Contact Darcy Clark Website Aon Hewitt 2012 Aon Hewitt Inc. All Rights Reserved. 14

Strategic Allocation of Rewards Budgets

Strategic Allocation of Rewards Budgets Strategic Allocation of Rewards Budgets Prepared by Aon Hewitt September 26, 2012 Webinar 2012 Aon Hewitt Inc. All Rights Reserved. Our Presenters Darcy Clark Speaker Aon Hewitt 2012 Aon Hewitt Inc. All

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