2023-09-03 14:54:29
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Inflation, and especially on energy and food prices, has resulted in a substantial decline in the purchasing power of the French. Therefore, salary increase requests were therefore quite numerous.
Indeed, in companies, wage increases have been the subject of numerous negotiations. According to the Banque de France, they amount to 4.4% on average in 2023. In January 2023, the European Central Bank also announced that the wage increase would be ” very strong “ in 2023 in the euro zone. And this, to catch up with the galloping inflation which has been raging since 2021. According to the annual survey by the consulting firm Deloitte, in 2024, they should still be significant.
Unprecedented salary increase in 2023
In order to boost the purchasing power of their employees and cope with inflation, companies have increased wages in 2023.
Thus, this Thursday, August 31, the consulting firm Deloitte, has published its annual survey. The newspaper The echoes then relayed it.
To read Civil servants: wages increase this September 1 with a new boost
Indeed, this investigation highlights a significant budget increase that companies gave to wage increases in 2023.
Thus, workers, employees, technicians and supervisors (OETAM) then recorded an increase in this share of the budget by 4.6% (i.e. +1.5 points compared to 2022).
Deloitte conducted this survey with 300 companies representative of the French economic fabric.
Non-executives then benefited from successive increases in the minimum wage, indexed to inflation. And, as far as managers are concerned, the salary increase is 4%, with an increase of 2.1 points compared to last year.
Inflation and labor shortage
The good news for employees is that this trend might continue in 2024.
Read Salaries: all you need to know regarding the planned changes to payslips from July 1
Salary increase forecasts for next year are indeed still very high. And this, despite a slight decrease compared to this year. +4% for OETAMs and +3.5% for executives, indicates the consulting firm’s survey.
Despite a decline, inflation is still at a high rate. Moreover, added to labor shortages, this is what explains the phenomenon. “All companies, at some point in the year, have had difficulty hiring”, then affirmed Franck Cheron. This is the human capital partner at Deloitte and author of the study.
Thus, in view of the difficulties of hiring, companies are therefore ready to put their hands in the wallet.
On the other hand, this year, employees benefited greatly from the value-sharing bonus (Prime. Macron) in order to strengthen their purchasing power.
Indeed, more than 50% of companies have used this system (compared to 29% in 2022). With amounts rising sharply, from 300 euros in 2022 to 600 euros on average for OETAMs and 800 euros for executives.
“We can expect less use of the value-sharing bonus”, however, believes Franck Cheron (Deloitte).
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