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Survey Report

2022 Inflation and Reward Actions Pulse Survey Report

Europe highlights of key findings

Total Rewards|Talent|Executive Compensation|Compensation Strategy & Design
N/A

July 1, 2022

Results from our 2022 Inflation and Reward Actions Pulse Survey Report are now available exploring the responses organizations are taking for mid-year and other off-cycle compensation actions.

As rising inflation starts to bite, and a growing concern around the potential of a global recession, people are becoming worried about their personal finances. And as countries recover from the pandemic at different paces, supply chain bottlenecks are further fuelling inflation and market uncertainty, alongside impacts of additional crises adding greater pressure. Many companies are beginning to consider and, in some cases, act with mid-year and other off-cycle compensation adjustments.

The 2022 Inflation and Reward Actions Pulse Survey Report directly explores salary actions organisations are taking in response to inflation, tight labour markets, and multiple additional pressures.

The report covers:

  • Inflation levels
  • Changes to salary budgets
  • Prevalence and use of financial and non-financial elements of reward
  • Frequency of salary adjustments
  • Employee groups targeted for additional actions
  • Enhanced use of incentive compensation and retention awards

Download our 2022 Inflation and Reward Actions Pulse Survey Report by completing the form on your right, or below on a mobile device.

We hope that you find this report insightful and would welcome the chance to discuss further how you can respond to the tight labour market and pressures from inflation.

 

Contact for further information

GB Marketing

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