Monday, August 29, 2016

The increase in management salaries is accelerating – Boursorama



According Expectra barometer, 2016 marks the sixth consecutive year of rising executive pay (Illustration) (AFP / PHILIPPE HUGUEN)

According to the Expectra barometer, 2016 marks the sixth consecutive year of rising executive pay (Illustration) (AFP / PHILIPPE HUGUEN)

in 2016, the median salary annual gross frames (half earn more, the other less) is at 42,816 euros according to the survey published on Monday, August 29th Expectra *, a subsidiary of the Randstad group. An increase of 1.7% compared to last year. This is the sixth consecutive year of increase and the strongest increase since 2012.

In 2013, 2014 and 2015, wages rose slightly: + 0.5%, + 0.9 % and + 1.2%, after a strong rebound in 2011 (+ 2.9%) and 2012 (+ 2.4%), which followed two black years (-1.6% in 2009, -1.9 % in 2010). This 1.7% increase brings real increase in purchasing power of executives while inflation is almost zero stresses BFMTV.

MODERATE INCREASE

“A situation rather logical given the gloomy economic situation recorded in the last four years, but paradoxically because of the resilience of the employment context, the unemployment rate remained below 5% over this period, “said Expectra.

for the CEO Expectra Christophe Bougeard, 2016 trademark “smooth acceleration” but “even on the upside, the economy lacks vigor this year to have a significant ripple effect on pay” .

tHE aREA oF COMPUTER aND tELECOMMUNICATIONS KNOWS hIGHEST WAGE iNCREASES.

the highest growth was recorded in the iT and telecom sector (+1 , 9%). Three businesses will show increases above 6%: Head of Infrastructure Project (+ 6.8% to 41,710 euros gross), project owner consultant (+ 6.5% to 42,630 euros) and development engineer (+ 6% 38,300 euros).

The lowest increases were in business of legal and HR sector (+ 1%), where wages rose slightly less than in 2015.

* Survey based on more of 74,500 payslips frames in fixed term contract or interim. This barometer, which is the 14th edition, analyzes the executives compensation in five major sectors: IT, telecommunications, engineering, industry, accounting-finance, human resources, legal and commercial marketing

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