The Wage Increase For The Next Year Could Reach 2

According to the Mercer 2010 Total compensation survey, half of Spaniards wage rise next year will be 2%, a fact that has been achieved after analyzing more than 260 companies. The rise in 2011 will thus be slightly higher than the one recorded for this year, which has been 1.7%. In any case, this increase is lower than that of 2006 and 2007, where the rises were 4.6% and 5.1% respectively.Rafael Barrilero, partner at Mercer, points to inflation as responsible wage behavior, highlighting that Spain is, together with United Kingdom, the only two countries that have a salary increase less than inflation.On the other hand, the wage increase in Spain has been in this year the lowest in Europe, along with Portugal. However, in the two previous years (2008 and 2009) was precisely the reverse. Spain will be located per year coming from the eurozone average.Development of business, commercial, financial sectors and marketing are those who have benefited from a higher wage increase this year, while that in other salaries have not only not improved but have declined.Next year’s wage increases will be, if met forecasts, more homogeneous, because they distributed among general managers (2%), area (2%) managers, heads and controls (2%), graduates and technical (2%), sales (2.1%) and other workers (1.9%). Also expected that pharmaceutical and consumer goods will have wage increases above the average (2.5 and 2.6 per cent respectively).On the other hand, beneficiaries of variable bonuses have been reduced in 2010, which could be explained, according to Barrilero, in the numerous exits of senior positions in companies. They have also declined the incentives in the short term (97% in 2009 and 93% in 2010) and long term.You can consult the guide of franchises to have greater repertoire of franchises in Spain. News, articles, interviews with franchises, new franchises, franchise Guide, all the news in the world of the franchise you can consult it in directory of franchises. Original author and source of the article