According to the latest “Polish Market Barometer”, 39 % of companies in Poland want to raise salaries and 11 % intend to lower them, while 36 % plan to maintain salaries from 2023. The percentage of companies that want to hire new employees is also increasing.
Raises are most often planned by the largest companies (47 % vs. 34 % of small companies). The report adds that in the TSL sector (transport, forwarding, logistics), 63 % of entrepreneurs plan to raise salaries, while in trade only one in four will see increases.
“In the current economic conditions, when inflation is over 8 %, employees feel that only raising salaries will make them lose less and be able to maintain their current standard of living”, says labour market expert Krzysztof Inglot.
The authors of the report warn that one in five employers will not raise salaries by more than 5 %, and one in four will be tempted to increase salaries between 5 and 10 %. 15 % of employees can count on a salary increase between 11 and 15 %. Even fewer, 12 %, will receive from 16 to even 20 % more. Fewer than 4 % of employees will enjoy a salary increase that exceeds 20 % of their current salary.
The statement also assessed that companies’ recruitment plans, despite the economic downturn, are at a high level. 27 % of employers are planning to hire new employees. This is an increase of 2 percentage points compared to the previous edition of the survey. An increase in employment is most often planned by companies from the TSL sector (38 %), manufacturing, and construction (31 % each).
At the same time, the percentage of entrepreneurs planning job cuts fell to 21 %. The authors of the survey indicated that cuts are most likely in the HoReCa – hospitality – (29 %) and trade (27 %) sectors. Maintaining current employment is assumed by 38 %of companies.
Arkadiusz Słomczyński