The Warsaw Voice » Business » News - August 30, 2018
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Employers less inclined to wage hikes
Poland saw a decline in percentage of firms planning wage hikes in coming months to 15.6% versus 29% at the beginning of the year as many firms already implemented wage hikes, temporary work agency Work Service said in a report, citing a survey by Millward Brown.
"Over 15% of employers plan wage hikes for their employees within a quarter," Work service wrote.
Wage hikes plans are most frequent among large firms (20.4%), service firms (26.5%) and manufacturers (25%).
A decline in plans to hike wages is tied to the fact that wage hikes are usually implemented in Q1 and Q2 and companies have no spare funds for wage hikes in H2, Work Service explained.
Still, the share of employers planning wage hikes is higher by 4.3 pps vs a year ago.
The survey among employers, commissioned by Work Service, was conducted by Millward Brown in the second half of July.