What are the salary increases that companies have planned to follow inflation

What are the salary increases that companies have planned to follow inflation

If we compare with the previous edition, it is observed that there is a point of difference in the salary increase. In March the survey marked an increase of 49% and in this one it is 50%.

29% of the companies surveyed acknowledged having already modified the salary budget originally established. While 34% said they had not made changes yet, stating that they are waiting for what happens with inflation in the coming months. On averagecompanies project 55% annual inflation and take that value as the basis for their budget.

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In this regard, the director of Talent & Rewards, Marcela Angeli, explained to Forbes that in this edition of the report “a point was included that is related to the review that This salary budget is going to have as a consequence of the acceleration of inflation and that the estimated one is much higher than the one considered when making the original budget”.

Another of the salient issues of the report is the data in relation to the number of times that the adjustments will be made. According to Marcela Angeli, due to the acceleration of inflation, many companies had planned to give two increases and now they have stipulated three or four.

In this edition there was also a special section on the subject of childcare, taking into account the publication of the decree a few weeks ago that regulates this benefit. In this case, the figures remain stable: it is between 35% and 40% of companies that provide it and do so with amounts aligned to practice. While 13% say they are analyzing whether to incorporate the benefit.

Source: Ambito

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