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Canadian mines continue to increase wages

07/08/2019
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A new report based on a survey of mines across Canada – representing more than 25,000 mine employees – has revealed that over the last 12 months wages and associated benefits have increased.
Canadian mines continue to increase wages
The survey was carried out by Mining Intelligence and covered a total of 68 mines – of which 56 were unionised and 12 were non-union.

The headline findings from the survey include the fact that fifty of the surveyed mines increased wages by an average of 2.2%, ranging from 1.0% to 4.0%, in the 12 months preceding the survey. Eighteen mines showed no change in wages and no mines in the survey decreased wages.

With regards to additional benefits, forty-six of the surveyed mines reported using some form of incentive bonus plan, and 29 had a plan in place for employee retention. Safety, profit, production, and cost savings were amongst the mostly commonly cited criteria for bonus payments.

Mining Intelligence found that many mines pay cash bonuses for good safety performance. The most common type revealed in the survey is a fixed bonus for achieving an accident-free record for a specified period of time. Some mines penalise workers by reducing other bonuses when lost-time accidents occur. The way these penalties are applied varies, with some mines imposing them on the individual at fault, on a department, or on the entire mine.
68 Canadian mines took part in the survey which revealed that wages and other benefits have increased over the past twelve months.
In terms of other forms of bonus remuneration, Mining Intelligence says that, “Other mines pay bonuses based on improvement over historical averages, or they may tie the bonus to production as a fixed award per ton of ore produced if no lost-time accidents occur. Some mines pay an attendance bonus. In addition to standard benefit items, some companies offer employee assistance programs, group registered assistance, transportation to the mine, paid or subsidised day care facilities, travel expenses, supplemental retirement plans, accident and life insurance, stock purchase plans, safety equipment, tool allowance, scholarships for dependent children, education and training.’

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Canadian mines continue to increase wages - Time to read 2 min
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