Average Salary Increase For 2024 Canada. According to the responses collated from more than 700 companies across the country, employed canadians can expect an average salary increase of 3.6% next year. The average 2024 salary structure increase in canada is now forecasted at 2.9%, excluding organizations that decided to freeze their salary structure, which is equal to last summer’s forecast.

Year after year, i eagerly await this trusted publication to plan my company’s salary range adjustments. In canada, the average total budget remains at 4.0% for 2024, aligning with initial forecasts from the summer, excluding freezes.