The 48th Annual Salary Budget Survey 2021-2022 reveals the economic impact of pandemic on salary budgets in 19 countries!
Covering 19 countries, this is the first time since its launch in 1973 that the survey includes in-depth insights into salary budget planning in Canada, India and the United Kingdom (UK). Recognized as the gold standard for global insights and benchmarking across all industries, WorldatWork’s annual salary budget survey is the longest-running survey of its kind.
This comprehensive report provides CEOs, Chief Financial Officers and HR professionals with robust, year-over-year data to design competitive compensation plans that attract and retain high-performing employees. Relying solely on input from compensation professionals, WorldatWork’s Salary Budget Survey is the most reliable compensation survey on the market.
Reflecting 4,085 responses, this year’s report indicates bounce back in some countries and industries in 2021 and greater rebounding in 2022. You will find information on base salary increases and merit budgets for all 19 countries and uncover more detail for the U.S., Canada, India and the UK in areas of salary structure adjustments, promotional increases and variable pay plans. Plus, the included Online Reporting Tool allows you to drill down and customize U.S. and Canada data to create reports and compare your salary budget plan against other organizations in your region or industry.
Make sure your compensation strategy is competitive and designed to maintain the workforce you need.