MKIK: 81 percent of companies plan to raise wages this year

By: Trademagazin editor Date: 2022. 01. 07. 11:25

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This year, 81 percent of companies plan to raise wages, 18 percent indicated that they will not change wages, while 1 percent expect a decline, MKIK told MTI in its analysis.

The vast majority of companies plan to raise wages this year

The analysis is based on the data of the MKIK GVI business survey of October 2021, during which 2214 domestic enterprises were interviewed.

The announcement points out that last year, two-thirds of domestic companies managed to raise the minimum wage by changing their business strategy, postponing their previously planned investments or planned recruitment, and possibly raising the price of their products. Redundancies were the least used tool, with 8 percent of companies making only redundancies. (MTI)