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Thursday, February 9, 2023

Half of the Poles received raises, but are not happy with them

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I am George Brown, author at Daily News Hack. I mostly cover economy news and I have been doing this for quite some time now. I have a lot of experience in this field and I'm always looking for new opportunities to learn more.

Every second employee received a promotion last year, and the same number expect it in the coming months. However, the bonuses offered by employers tended to be lower than expected. There is a growing group of people concerned about the future of their jobs – these are some of the findings from the 50th issue of the Randstad Job Market Monitor.

54 percent of employees received a raise in 2022, but most respondents said the raise was below their expectations. These increases usually did not exceed 10 percent. salaries, this was the case for almost 3 out of 4 employees. With an average annual inflation of 14.4 percent. this means that real wages are falling, according to the latest survey conducted in December of 1,000 people across industries.

There were increases, but what kind of increases …

Although the scale of the increase is higher than in previous years, satisfaction with the current salary is basically unchanged. This fact, coupled with high inflation, could slightly raise workers’ wage expectations in 2023.

- If we look at the level of wages in the enterprise sector, the strength of our portfolio has actually been declining since May 2022, - commented Lukas Komuda, labor market expert of the Foundation for Social and Economic Initiatives at RMF FM. “And the process is accelerating because the latest figures for December show that inflation was 6 percent this December. higher wage growth. Therefore, we can say that as a society we are poorer.

858.7 thousand people unemployed

Is there any reason to worry about losing your job? It all depends on the expectations of a particular person and the demand for workers in the industry in which he works, but if you look at the unemployment data in Poland, they do not cause concern. For many months we had one of the lowest unemployment rates in the European Union. Although unemployment rose slightly in January, this is not a cause for concern. “Never in history has the unemployment rate been lower in January. An equally good result was recorded only once - in 2020, - said a few days ago the Minister for Family Affairs, Marlena Malong.

According to the data of the Ministry of Labor and Social Policy, at the end of last month, 858.7 thousand people were in employment services. unemployed. This means that there were 68.4 thousand fewer people than last year.

– We constantly monitor the situation on the labor market. Like every year, there is a slight increase in the unemployment rate in winter, which is associated with the end of seasonal work. We know from experience that there is a rebound in the summer months, said Minister Malong.

Designed by: Martina Koska
Source: WPROST.pl

Source: Wprost

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