In 2022, French companies will increase wages



According to a study, the salary increases granted by French companies in 2022 should approach 3.1%.

In France, inflation has just reached 6.1% at the end of July, the opportunity for companies to increase wages? According to a survey by the WTW group (Willis Towers Watson, ex-Gras Savoye), the salary increases granted by French companies in 2022 should approach 3.1%, specifies The world. This figure remains low compared to that of inflation. However, these increases have been on the rise in recent years. From 2010 to 2019, they never exceeded 2.5% per year. In 2020, the year of Covid-19, the increase was 2%.

For next year, companies would consider increases of 3.3% on average, according to the survey. “This figure could even be revised upwards at the start of the school year, given inflation expectations, and reach 3.5%, which would be unheard of since 1985”says Khalil Ait-Moouloud, director of the compensation survey activity at WTW.

Depending on the sector of activity, disparities exist. Salaries are growing faster for digital, data and cybersecurity professionals. The finance, new technologies and fintech sectors are also located “top of the range”. Other sectors do not benefit from salary generosity. This is the case for retail banking, agri-food, tourism and accommodation-catering.

Strong tensions in the labor market

Other data: in terms of salaries, managers and executives get an increase of 3.1% to 3.2% on their payslip. For their part, workers and supervisors are content with 2.9% to 3%. In Europe, French employees finish behind their European neighbors in terms of the increase. Expected salary increases are higher in the United Kingdom (4%), in Germany (3.8%) and also in Spain (3.6%). In July, the year-over-year price increase reached 9.4% in the United Kingdom, 8.5% in Germany and 10.6% in Spain.

To recruit more easily, companies say they are ready to make an effort. Tensions in the labor market and inflation leave them little choice. “The correlation between labor shortages and expected wage increases is more important than the correlation with the rate of inflation”says Khalil Ait-Moouloud. “Especially since more and more employees are tempted by different professional adventures and certain skills are less available on the labor market. »

For employees, among the most scrutinized points of the job offerwe find “health coverage, personal well-being, flexible working conditions, but also the company’s social and environmental commitment”.

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