New data reveals employers planning more modest compensation increases in 2024 due to easing labour pressures

TORONTO, Sept. 25, 2023 /CNW/ - Today, Mercer released the results of its August 2023 Mercer QuickPulse™ Canada Compensation Planning Survey revealing that although cost of living concerns remain top of mind for many Canadians, employers are projecting a more modest annual increase for both merit and total compensation budgets compared to 2023.

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