While 82% of the companies participating in the research conducted by Endeavor Turkey and Talentmelon stated that they made updates on their remuneration strategies, 87% stated that they would raise more than the inflation to be announced at the end of this year, and this increase rate would be 22%.
The results also showed that 44% of companies surveyed review their salary policies to retain their talented employees, with most companies adjusting this policy to individual performance and team goals.
Most companies are considering a raise above inflation
In the research conducted last year, the rate of increase predicted for 2021 was 17%, but after the announced inflation rates, this rate was increased to 23% by reconsidering the conditions. This year’s results already seem to be above inflation, and most companies surveyed are considering at least a 22% raise to their employees.
Another interesting detail in the research conducted by Endeavor Turkey and Talentmelon was the willingness of companies to switch to a hybrid operating model. 56% of the companies participating in the survey aim to switch to a hybrid working method in 2022, and 4% to a fully remote working model.
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