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Posted AT 12:41 PM EST on 27/08/08

Wage raises to slow in '09

Globe and Mail Update

Canadian workers will see lower salary increases in 2009 as employers respond to slowing economic conditions, according to two new surveys released Wednesday. A report released by consulting firm Mercer forecasts wage increases of 3.8 per cent next year, down from 4 per cent in 2008, while another survey from Hay Group suggests wages are set to rise 3.7 per cent in 2009. Mercer surveyed 485 employers with 1.

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