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Alberta Top Province for Salary Gains - Forecast

Blog by Sara Kalke | August 25th, 2011

Need another reason to live in Edmonton?  Alberta salaries are expected to rise by 3.4% in 2012, more than any other Canadian province!  In fact, Alberta employers are back to the boom-time worries of not having enough staff.  Strong employment and in-migration typically results in stronger demand for real estate, which is great news for all you Edmonton homeowners! Homeowners to be - take note!

Alberta expected to lead the way in average salary gains next year

EDMONTON - Alberta, along with Newfoundland and Labrador, will post the biggest average salary gains in Canada next year, according to a national compensation survey conducted by Hay Group.

The expected uptick will see average salaries in the two resource-rich provinces jump by 3.4 per cent in 2012. Saskatchewan will follow, at 3.2 per cent.

The projected gains compare with forecast average national salary increases of 2.8 per cent for 2012 and 2.6 per cent this year, says Hay Group, a global management consulting firm.

The findings reflect results from a survey of 665 public and private-sector organizations, including many of Canada’s largest companies, the firm says.

...  See the full article at:  http://www.edmontonjournal.com/business/Alberta+expected+lead+average+salary+gains+next+year/5306944/story.html

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