2012 Compensation Increases in Canada

The link below is a summary report of expected Compensation Increases in Canada for 2012.  Although during these tough times, increases in base pay in many corporations have been low or non-existant (wage freezes), it is interesting to note that companies are increasing their salary structures by less than 2%.  However, likely due to limited increases in the past few years, salary increases on base pay are expected to be in the 3% range for all levels of the organization.  I see this as a leading indicator that companies are getting concerned about their ability to attract and retain employees, as the struggle to get employees becomes stronger and stronger.  This can be seen as a warning sign that companies should look deeply at their retention strategies.

http://www.cpq.qc.ca/assets/files/divers/2011/previsions-salariales2012_en.pdf

Making the Workplace GREAT!

Some thoughts on improving your workplace

People in leading organizations often talk about how great it is to work where they work.  Others working in poor work environments listen in envy and often don"t even believe that a workplace can be a great place to spend a good portion of your life.  Based on my experience, here are some key elements of a Great Place to Work:

• The leadership of the organization truly believes in their people.
• Complacency is not tolerated.
• People are given the opportunity to learn and grow.
• Respect is pervasive throughout the organization.
• People's ideas are listened to and truly valued.
• Open and honest communications are part of the core values and operating framework of the organization.
• The direction of the organization through its mission, vision, and core values are clearly communicated and understood by all.
• People are recognized and rewarded for their contributions.
• Leadership is encouraged, expected, and supported throughout all levels of the organization.
• Teamwork is part of the organizational culture.
• Performance criteria are clearly defined and results are expected.
• People are very approachable and open to new ideas and suggestions; they like to be challenged.
• People at all levels are empowered to do the right thing.
• The organization is a fun place to work.

With the expected upcoming shortage of labour in the future, these elements are critical to any organization's success.  A small investment in these areas today will result in a huge payoff for your business in the future.

www.peopleinsights.com