At the same time with nearly 60 percent Up to less than 53 percent the percentage of enterprises intending to maintain salaries at the current level has dropped. “So you can see a slight reflection when it comes to increases compared to the previous two years, however, these are not significant changes. The more so because the growing percentage of companies declaring remuneration reduction (4.5 percent, by 1.4 percentage points more than a year ago) partially eliminates positive trends” – wrote in the report.
However, all measures indicate that pay pressure in the Polish economy is decreasing. For example, the rate of salary growth is falling. A few days ago we got to know new data in this area. The growth rate of average wages in March decreased to 7.7 percent. year on year with 7.9 percent in February For comparison, for the previous three years it was almost continuously two -digit, in some months there were up to 14 percent.
Increases more often in trade, services and industry
The report shows that salary increases are most often planned by the smallest companies, which in this way try to attract and stop employees. Persons employed in trade, services and industry can count on the increase in salaries – in these sectors every third company plans to pay wage increases in the next quarter, although maintaining existing levels of remuneration will be a more common practice, especially in the industrial sector.
Salary stabilizationwithout major changes up or down, it will be a dominant trend in the transport and logistics industry, where the scale of planned increases is the smallest – it declares them less than 24 percent. studied companies of this sector.
“As you can suppose, such strategies result from the specifics of the industrial, transport and logistics industry, which is increasingly difficult to maintain cost competitiveness in the face of rising labor and energy costs, which until now constitutes their main market advantage” – it was written.
The authors of the report say that, like last year, salary increases are most often the result of an increase in the minimum wage – this is the reason indicates 64.5 percent. surveyed companies, with this percentage growing among the largest enterprises (71 percent) and in the public sector and the transport and logistics industry (74 % and 71 percent, respectively).
The increase in inflation prompts 38 percent increases companies – more often the largest (44 percent) and the public sector (46 percent). Nearly every third company (30.2 percent) decides to increase salaries to appreciate its employees. This approach is particularly visible in medium -sized enterprises and in the transport industry (38 % each).
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In turn, in large entities, especially in the industrial and service sectors, increases often act as a tool limiting rotation. The adaptation of remuneration in the company to levels in the industry or the local market is slightly less important than a year ago (a decrease from over 20 % to 18 %). Service companies (26 percent) decide to do so.
NBP also indicates normalization
A few days ago, the NBP published a “quick monitoring” study, which shows that PThe percentage of companies planning to pay wage in the fourth quarter with a strong growth, their percentage in the first quarter clearly dropped.
“The participation of enterprises planning to increase wages in a quarterly perspective – after a strong increase in the fourth quart of probably associated with a significant increase in the minimum wage from January 1 this year – in the first quarter it clearly fell (to 33.5 percent from 40.9 percent, SA), shaping at a level slightly lower than many years of median” – wrote.
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The participation of enterprises planning a significant increase in the average salary (to 2.3 percent from 2.6 percent in IV quarter) has also decreased. The percentage of companies intending to raise the average salary in the horizon 12 months is also significantly lower than in the previous quarter (62.5 percent against 71.1 percent).
The participation of enterprises planning wage increases decreased in the group of exporters clearly stronger than among enterprises oriented only for domestic sale (up to 33.1 percent, respectively from 43.5 percent in the fourth quarter of last year and up to 35.5 percent of 37.4 percent).
“Consequently, for the first time since 2010, the indicator of quarterly wage increases for exporters is lower than in the group of enterprises selling only in the country.
In the sector cross -section, the strongest drop in the indicator was recorded in industry. In services and trade, this share decreased to a lesser extent, while in construction and transport it was relatively stable.
