In 2023, 53% of employers intend to increase the wages of their employees. One in two companies plan to increase payroll by 5-15%. Most of the time, IT, construction and real estate managers will increase the salaries of employees.
Only 3% of employers intend to reduce wage costs, almost two-thirds of them by 5-15%. Changes in both cases will affect both salaries and bonuses. Companies in the retail and fintech industries are reporting the most pay cuts.
This was reported by Vedomosti with reference to a study of the HeadHunter platform. Analysts conducted a survey in April-May 2023, 440 companies from different industries participated.
60% of managers plan to increase staff by the end of the year and 11%, reduce it. They plan to hire mainly production line staff, as well as those whose activities are related to IT, sales and accounting.
At the same time, the services of the latter are more often refused by organizations where layoffs have already begun or are planned. Contracts with back office administrators and human resource specialists are also terminated.
According to the results of a joint study by the Russian School of Management and the financial accounting service PlatFact, this year 74% of small Russian companies increased the cost of their employees’ salaries. More than half of the companies (58%) attribute the increase in expenses to an increase in the level of salaries, 24.6% – to an increase in the number of employees.
Author:
karina pardaeva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
