Transcription of 2021 salary guide.
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2021. salary guide . foreword. Heading into 2021, the primary hurdle businesses are facing is recovery in the aftermath of the COVID-19. pandemic. During the initial lockdown phase of the crisis, Canada lost over 2 million jobs and reached a peak unemployment rate of in May. Recovery began in mid-June 2020, as provinces across the country eased their lockdown restrictions and gradually reopened the economy in phases. The possibility of a second wave of COVID-19 looms, and if it comes to fruition, it will impact the pace of recovery. Throughout the COVID-19 crisis, despite job losses, salaries have held fairly steady or increased across most industries and job sectors.
Throughout the COVID-19 crisis, despite job losses, salaries have held fairly steady or increased across most industries and job sectors. In-demand and essential workers bring key skills that organizations need during this challenging time. Those essential workers must be compensated for what they bring to the table.
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