COVID-19.Human resources consulting firm Morneau Shepell says 13 per cent of the 889 organizations it monitors say they plan to freeze salaries in 2021.
As COVID-19 hit, many Canadians got pay cuts — others, raises That’s far more than last year’s pre-COVID survey, which incorrectly predicted only two per cent of organizations would freeze salaries this year.As things turned out, Morneau Shepell later determined that 36 per cent of organizations actually froze their salaries in 2020 because of the economic impact of the pandemic.The firm estimates the 2020 weighted national average salary increase will be about 1.6 per cent including freezes — down from a 2.4 per cent average increase in 2019 and the first time since 2008 that the.