1、2022 Q32022 Q3The Payscale Index|CanadaAs organizations realize that their workforce is the competitive differentiator during the best and worst of economic times,a solid compensation strategy based on current economic trends becomes crucial.Organizations need precise and timely data,along with the

2、capabilities to accurately analyze that data,to make informed decisions about allocating a limited compensation budget.This is important both on the macro level of developing competitive compensation strategies and also on the micro level of determining market-based pay for individual employees.The

3、Payscale Index should be included as a resource to stay informed of quarterly economic trends.The Payscale Index tracks quarterly changes in total cash compensation for full-time,private industry employees in 19 job categories,three company sizes and 15 industries across 32 major Metropolitan Statis

4、tical Areas(MSAs)in the United States.Payscale also produces a quarterly index for C|Canada|Q3 2022|The Payscale I|Canada|Q3 2022|The Payscale Index3The Payscale Index:HighlightsNational Year-Over-Year Percentage Change by Quarter This graph shows how annual wage growth has changed since 2009,with t

5、he quarter ending September 30,2022 at 4.0 percent.-2-1012345Percent of change200820092010201120122013201420152016201720182019202020212022Q1Q2Q3Q4Key:|Canada|Q3 2022|The Payscale Index4Data insights(Canada)Nominal wages in Canada notch upwardNominal wages in Canada grew by 1.2 percent Q/Q and 4.0 pe

6、rcent Y/Y.Of all metro areas,Ottawa had the strongest nominal wage Y/Y.Wages grew by 1.1 percent Q/Q and 4.5 percent Y/Y.This metro has a notable tech economy.Edmonton had the weakest growth in nominal wages in Q3.Wages grew Q/Q at 0.4 percent and percent growth for Y/Y was 2.3 percent.Vancouver had