2012: Wages in Edmonton continued their enormous growth in Q1 2012 with a quarterly increase of 1.5 percent and annual growth of 3.3 percent, the best of any Canadian metro tracked by The PayScale Index. Wages are now 18.6 percent above their 2006 levels, which is the most growth seen in any measure of The PayScale Index.
2007-2011: Edmonton may not be the biggest city in Canada but it is the best one for wage growth. From a strong start in 2007, more than 1 percent ahead of every other Canadian metro, Oil City’s workers’ earnings grew briskly in 2007 and 2008, achieving 6.2 percent year-over-year gains by Q3 2008. A slowdown occurred in 2009, dropping wage levels nearly 4 percent from their 2008 peak, but by early 2010, earnings for Edmonton residents were headed in a steady upward direction, finishing 2010 nearly 2 percent above one year earlier. Wage increases in 2011 helped incomes for workers in Edmonton rise to their highest levels in four years by the end of the year.
Methodology for The PayScale Index: Trends in Compensation
The Edmonton Metro Area includes people in Edmonton, AB.; Leduc, AB.; Spruce Grove, AB.; Fort Saskatchewan, AB.; and the surrounding areas.
The PayScale Index tracks quarterly changes in total cash compensation for full-time, private industry employees. It uses 2006 average total cash compensation as a baseline.
