perspective on the industry
and its future human resource challenges.
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Compensation Survey's
The field of executive compensation has become so complex due to variables of location, company size, type of business and the ambiguity of job duties, that most organizations require access to meaningful data when establishing equitable and competitive remuneration levels.
Salary Reports
We're in the midst of collecting data for
our 2008 Industry report, however we invite
you to compare your current compensation
with that of your Canadian and American
peers by accessing our site partner's
information at Salary.com by utilizing the
Wizards below. The Base
Salary information published in the
subsequent pages reflects the median base
salary for North America.
Salary
Trends In North America
We expect the North American economy to undergo
a series of chaotic disruptions throughout the
forthcoming years as it adjusts to the realities
of an emerging second world (India and China),
which is rapidly advancing through its
industrialization and meeting the first world
head-on in knowledge driven high value
manufacturing and the provision of professional
services.
Contrary to the WTO efforts, the world is
carving itself into trading blocks and as a
defensive posture; it's very likely the North
American economy will become more not less
united. As a result, the median range of
Canada's Total Cash Compensation paid to
employees is apt to align with that of their
American counterparts over the next ten years.
Apart from an intertwining of North America's
economy, additional factors contributing to this
North American equalization of Total Cash
Compensation are: flexible retention strategies
to offset transient and lifestyle career
planning that is endemic to professionals under
age 35; aggressive cross-border recruitment due
to skill shortages and knowledge gap caused by
mass retirements; NAFTA sponsored North-South
labor mobility, tax reform to offset tax bracket
shopping and release human capital into wealth
creating endeavors (State and Provincial governments
will compete for high value workers tomorrow in
the same manner as they compete for business
investment today. As well, far too much of
Canada and the U.S.A.'s intellectual capital is
pre-occupied with income tax collection, compliance and
planning.); demand for private health
insurance due to deterioration of Canada's
public health care system, and the Canadian
petroleum and aqua dollar holding its value
against the Greenback. All of these factors will
symbiotically link the two major North American
economies and align compensation rates over the
coming decade.
Guidelines For Position Matching
To ensure the closest possible match between
a survey position and yours, please read the accompanying capsule position descriptions. Once you have chosen the position, which most closely matches your own,
click on the
relevant Country Salary Wizard and enter the
matched job title. The U.S.A. Wizard is more
comprehensive so if Canadian's are unable to
find a matching position, please default to
the American information. Corporations that
wish to participate in our data collection
should click on the position's that are
relevant to your firm and email us. We'll
forward your request to Salary.com.