The average intended salary reached $1,268,432 in November

The intended salary reached, on average, $1,268,432 in November. Thus, in year-on-year terms the increase in this private indicator was 181.1%, above inflation that in the same period was 166%.

This was reflected in the latest Bumeran Labor Market index. “Data from the latest Index highlight a positive trend in salary expectations: the average intended salary increased 4.41% in Novemberexceeding monthly inflation and consolidating the sustained growth of recent months,” he explained. Federico BarniCEO of Jobint.

The required salary gap according to gender is 8.03%

In November, the average salary requested by men was $1,295,832 per month, while that requested by women was $1,199,478. This way, The intended remuneration gap according to gender is 8% in favor of men, an increase of 1 percentage point compared to the previous month.

The gender gap increases as the hierarchy of the job position increases: in the junior segment it is 1.6%, at semi-senior and senior levels it reaches 8.6% and in supervisor or boss positions it is 12.5%

What are the intended salaries according to seniority?

• The salary required for positions boss/supervisor was $1,656,744
• The salary required for the positions semi-senior and senior was $1,317,730
• The salary required for the positions junior was $910,284

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The roles with the highest increases

For senior and semi-senior positions, the Technology and Systems was the one that presented the greatest increase in the annual accumulated. On the contrary, the sector Marketing and Communication was the one with the least growth. In month-on-month terms, the Technology and Systems area showed the greatest difference, rising 11.7%.

For junior positions, the Others was the one that had the greatest increase in the accumulated annual figure, while Human Resources marked the least growth. In month-on-month terms, the area of Administration and Finance led the increases in intended salaries, with 7.1%.

Job supply and demand

According to Bumeran statistics, among the positions most in demand by companies are Sales with 11.1% of the notices, followed by Commercial with 9.1% and Administration with 6.7%. In parallel, among the most nominated positions, the following stand out: Warehouse/Depot/Dispatch with 12.81% of the applications, followed by Production with 11.8% and Administration with 9%.

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Salaries of staff outside the agreement

On the other hand, the consulting firm WTW published a survey of the salaries of staff outside the agreement, which marks an average increase projected for all of 2024 of 131%in line with estimated inflation.

If instead of taking the average the median is taken (the value that is located in the middle of all the values ​​surveyed), the increase is 127%. Until November, there was an increase of 118%.

The greater increases so far they have occurred in Professional Services (+149%), Logistics and transportation (+144%) and Chemistry (+128%). At the other extreme, the most limited adjustments were verified in Agriculture (+106%), Fintech (+107%) and Construction (+109%).

By 2025, companies budget an increase of around 50% and most expect to give raises four times throughout the entire period. The sectors with the best prospects are High technology (+60%), Fintech (+55%) and Communications/Entertainment (+52%). Far below are, for example, Logistics and transportation (+38%), Retail (+41%) and Agriculture (+41%).

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