HomeEconomySalary increase: how much are employers willing to give up?

Salary increase: how much are employers willing to give up?

According to a study by talent.com, the median starting salary has risen nearly 6% since the beginning of the year. More than the 4.5% average increase that the employer is preparing to grant to current employees.

How much more will you earn next year? With runaway inflation, the question becomes crucial. First rule, to keep in mind: in terms of salary, it is better to be unfaithful. To get an idea of ​​trends, talent.com tracks, month by month, the average level of salaries offered in their job postings by employers who use their services. This does not affect all offers, most recruiters are reluctant to put their cards on the table and therefore do not indicate any amount in their ad.

However, the number of offers with the proposed salary is sufficient to give a reliable indication of the trend. Between January and October, the average level of the annual salary offered increased by 5.8%. Talent.com highlights that, in certain sectors, the increase far exceeds this average: +16.4% in finance, +13.4% in industry, +9% in construction and public works.

4 out of 10 employees plan to ask for an 8% raise

If this inevitable difference between recruitment salaries and the annual evolution of the workforce is generally well accepted, the current context augurs some tension this time. The strong increases in wages in hiring will not, therefore, cease to be used as a weighty argument by the unions in the context of the mandatory annual negotiations on the evolution of remuneration.

Used by the unions but also by the employees themselves when discussing increases with their bosses… This year, the priority objective is to obtain a substantial increase to face inflation. According to another study carried out by HelloWork with 2,000 people, more than four out of ten employees plan to ask for an 8% raise.

Companies forecast on average +4.5%

But, above all, 88% of the surveyed employees affirm that they are willing to change employers if their request for a raise is rejected. Empty promise? We will see it soon. The average of the increases foreseen by the employer is very far from the 8% increase that the employees dream of.

According to the latest barometer carried out by Alixio with companies of all sizes, the average is 4.5%. With, on the other hand, supplements, bonus in distributed value, revaluation of restaurant vouchers, better reimbursement of transport costs, which would mean that everything accumulated would be around 6% better than in 2022.

Author: Pierre Kupfermann
Source: BFM TV

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