The advisor

After a delay, on Wednesday Federal Finance Minister Bill Morneau unveiled a largely status quo budget as the Liberal government attempts to prepare for policy changes in the U.S. Maternity leave top ups could be impacted Among the announcements that could impact employers were an option for parents to receive EI parental benefits over an… Read More >

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The Pay Equity Office The Pay Equity Commission and Pay Equity Act demonstrate a positive commitment to fairness and accountability in the workplace. The Pay Equity Office investigates, attempts to settle, and works to resolve pay equity complaints. An employer, current employee, former employees, or bargaining agent may act on behalf of an employee to report a… Read More >

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Your Salary Budget Increase Trend The following graph was taken from Accompass’ 2017 Salary Budget Report and examines the evident relationship between unemployment rates, inflation, and salary budget increase. The objective of the chart is to determine whether unemployment rates or inflation have a larger impact on salary budget increases.     Inflation Vs. Supply and Demand… Read More >

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The Salary Increase A salary increase can encourage employee morale, act as incentive for job performance, and help a company retain valuable employees. The vast majority of organizations set their salary increase budget at one of three numbers: 2%, 2.5%, or 3%. The following information was provided by Accompass’ 2017 Salary Budget Report.     … Read More >

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Take the challenge. Making changes doesn’t mean making budgets higher. Reimagine the organization you work for by improving the culture and the incentive to perform.  While many executives’ annual base pay remained flat, the long-term incentive ensured they stayed engaged and reinvigorated their focus on sustainable performance. Learn more below. The challenge Reinvent the company culture Retain… Read More >

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In March, Accompass reported that the waiting period for Employment Insurance (EI) claimants to receive benefits would be reduced to one week, down from two weeks, effective January 1, 2017. “The January 1 2017 date applies to new programs only,” said Accompass Associate Vice President Jan Foster. “Organizations who already have a Short Term Disability program… Read More >

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  Anne Peiris has been appointed as Vice President, Compensation at Accompass. Anne joins the company’s evolving Broad-based & Executive Compensation practice, bringing with her experience in senior leadership roles at major global human resources consulting firms, banks, and insurance companies, most recently with Mercer. Her work has taken her across Canada, including extensive work… Read More >

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Bonus programs are an important indication of an organization’s projected success and final measurement of this success. Bonus programs can motivate employees, help set tangible company goals, encourage employees to work towards the team’s success, and measure the final successes or failures of the team. Accompass has provided the graphed information below courtesy of the 2017… Read More >

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