Thursday, June 1, 2023

Income: 10 sectors that will grow the most in 2023

According to the latest survey carried out by Mercer Spot, the leading global human resources consultancy, the company has given a plan to increase 88.9% in 2023 to non-collaborative staff. The companies make these projections based on an annual inflation estimate of 97% based on private sources.

Considering these, the salary increase for non-union workers will again be a few points below inflation, as it has been in recent years.

It should be noted that in 2022 companies are allowed 90% non-union staff growth and annual inflation is considered 95%.

A graph showing the growth and development of March 2023.jpg

As for the number of intended increases, 47.4% will give 4 increases in a year; 18.5% of the teams gift 5 increases; 16.6% will provide 3; 14.2% will provide 6 or more adjustments per year, while 3.3% will maintain 2 adjustments.

Graph quantity increases March 2023.jpg

Income: 10 sectors that will grow the most in 2023

April, July and October are the months in which the most corporate gifts are increased, followed by January, March and September.

“Due to increased inflation this year, companies are already anticipating at least 4 increases, if not more. In general, the more uncertain context raises more instances of salary review markets,” commented Ivana Thornton, director of Career Mercer for Argentina, Uruguay and Paraguay.

With regard to the salary increase expected by each industry, the 10 sectors that plan to give the greatest increase above the general market are: Engineering and construction (103.01%); High Tech-Services, software and electronic commerce (102.05%); Energy (100.51%); Life sciences —Medical devices and instruments (100.48%); Fintech (97.44%); High Tech (Services) – IT Advisory Services and Solutions (96.56%); Life sciences – deduction or others (96.01%); High Tech (Services) – Telecommunications Services (95.60%); Energy-Oil & Gas (95.31%); Banks (95%);

Some graphs from industries are increasing March 2023.jpg

Income: 10 sectors that will grow the most in 2023

Nation World News Desk
Nation World News Desk
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