Changing employment addresses at least one of these concerns. The survey reveals that senior HR professionals see an average pay rise of 23 per cent when switching companies, while financial services candidates achieve a 20 per cent increase. Legal, risk, and compliance professionals also benefit from an average 17 per cent bump in pay.
A senior total rewards director in Canada should expect to earn anywhere from $174,000 to $226,000 in 2025, according to a previous report from Randstad.
Also, employers are now investing heavily in benefits for employees to retain talent, with some spending up to 30 per cent of an employee’s total salary on benefits, according to Robert Walters.
However, there is often a disparity between the benefits employees receive and what they actually want. And a lack of clear communication surrounding these benefits can lead to underutilization and dissatisfaction.
“Professionals are seeking not only higher salaries but also comprehensive compensation packages with robust benefits,” says Martin Fox, managing director at Robert Walters Canada.
“The job market is evolving, and employers need to adapt to these changes to stay competitive.”