According to the latest salary survey of PWC, 90% of the surveyed companies plan to increase salaries in 2011.
Among the companies planning increases, the average pay rise will be 7.4%. The sectors where salaries will be most increased are hospitality (10%), technology (9.1%), retail l(9.0%), manufacture (8.3%), services (8.2%), agro industry (8.1%) and industry (8.0%).
A survey conducted by Pricewaterhouse Coopers indicated that 59% of surveyed companies do not plan to raise salaries.
Of the 150 companies surveyed, 41% are planning to make wage increases by an average of 8.6%.
Laprensalibre.com website published the results of the survey of 150 companies in Guatemala. The consultant Pricewaterhouse Coopers conducted its six-month review of the Business Labor Information System.
In Guatemala, employment is decreasing while the number of job seekers is increasing.
La Prensa Libre of Guatemala published recent data on the labor market in an article.
According to the consultancy firm Manpower, hiring for the second quarter is expected to be -1, meaning that more jobs will be lost than those that are created, and job requests have increased between 45% and 50% when compared to the same period in 2008.
Almost all Guatemalan companies plan to increase the salaries of their managers next year, despite the international financial crisis.
96% of the companies intend to increase executive salaries, according to a survey by PriceWaterhouseCoopers carried out among those companies which use their services.
According to the study results, provided to the AFP by the firm's analyst, Roberto Monge, the salary increases will be between 7% and 11% since the companies are trying to avoid the turnover of executives which increased in the second semester of 2008-
español
9099
