Pay raises expected to reach 2.6 percent in 2020
According to the Mercer 2019/2020 Canadian Compensation Planning Survey released on August 22, 2019, merit-increase budgets have augmented to 2.6 percent in 2019 and are expected to remain at this level in 2020.
Employees are experiencing some degree of burnout
According to a recent study, nearly all senior managers in Canada who participated (96 percent) in the study believe their team members are experiencing some degree of burnout.
Reduce tax payments now for RRSP contributions
According to TaxTips.ca, if an employee has made his or her 2019 RRSP contributions already, the employee can complete a CRA form to get permission for his or her employer to deduct less income tax.
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