Canadian workers could see their salaries rise next year, but this bump will depend on the field they work in.
A new salary forecast by recruitment company Randstad Canada provides insight into what Canadians could expect to earn in 2025. Inflation rates may have dropped, but the cost of living certainly hasn’t. Housing and food remain expensive, and only 57% of Canadian employers offer salaries that allow workers to meet these rising costs.
“Not adjusting compensation to the cost of living can undermine employee attractiveness and retention,” warned Brent Dul, executive vice president at Randstad Canada. “Offering appropriate support is not only a sign of commitment to teams but also a lever for standing out in a market where competition for talent is fierce.”
So, if you work in any of the following fields, you can look forward to a significant pay rise in 2025.
A high demand for specialized skills
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There’s continued demand for workers in the skilled trades, technology, and engineering sectors. The need for these skills will remain high enough that the report predicts that automation technicians and electromechanical, for example, will see an 8% pay bump.
Technology continues to thrive
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It’s an excellent time to be in IT. As more companies integrate digital technology into all business areas, there’s a greater need for workers with technological experience and skills. For example, cloud architects will likely see their salaries rise by 10%. Those in more senior roles can expect an average salary of $132,000.
Emphasis on digital marketing
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Digital marketing specialists continue to be in demand as more companies focus on promoting their products and services online.
“Digitization remains an essential pillar in a rapidly expanding business environment,” reads the report. As demand in this field continues to rise, so will salaries. Workers can expect an average salary increase of 9% from $68,000 to $74,120 for intermediate positions.
Finance and accounting remain crucial
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As companies navigate the changing economic landscape, financial management skills are needed more than ever. That means that in 2025, compensation analysts’ salaries will increase by 7% to an average of $80,250 for intermediate positions.
A focus on human resource management
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If you work in human resource management, 2025 will be a great year. As companies continue to invest in “creating inclusive and healthy work environments,” these roles will see the highest pay rise among other in-demand fields. Next year, salaries will go up by 12%, with senior salaries going up from an average of $110,000 to $123,200.
However, according to the report, a competitive salary isn’t the only thing employees seek. In all, 93% of employees value work-life balance as much as salary.
“Offering flexible working hours, hybrid work, and recognition or wellness programs enables companies to meet employee expectations while fostering an attractive and inclusive work environment,” said Dul.