The Wynford Group

December 17, 2009 09:00 ET

Wynford Group 2010 Projections Encouraging

CALGARY, ALBERTA--(Marketwire - Dec. 17, 2009) - The Wynford Group announces the results of their November Compensation Update based on input from 316 organizations across Canada.

The National average 2010 projected base salary increase is 2.52% and with an expected range adjustment averaging 2.27%, which is slightly lower than our June projections at 2.80% and 2.38%. The highest 2010 base projections are in Saskatchewan and Alberta, at 3.1% and 2.9% respectively.

Gail Evans, Wynford Group President, suggests" there is increasing optimism that the economy is getting back on track, particularly in Western Canada, where increased energy sector budgets, increased house sales and low interest rates indicate signs of confidence." One of these signs is that there are fewer organizations (18%) reporting a 0% budget increase, down from over 25% of organizations in February 2009.

The Wynford Group has also released their trend report of Key Human Capital Strategies from fall 2008 to 2010 projected, based on their flash surveys conducted 3 times per year.

To view the graph regarding the "Usage of Human Capital Strategies 2008-2010", please click on the following link: http://media3.marketwire.com/docs/1216wyn2.pdf.

The following changes in Human Capital strategies clearly indicate that we have "turned a corner" towards a strengthening economy:

- Increase in number of organizations that are expecting to maintain or increase their training budgets.

- Limited number of organizations expecting further staff reductions and layoffs

- Fewer organizations cutting summer student programs

- Significant increase in the number of organizations expecting to replace all vacancies rather than just critical jobs

The Wynford Group conducts the national Canadian Compensation Surveys, which includes over 500 positions and 250 participating organizations.

General information on The Wynford Group can be found at www.wynfordgroup.com.

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