Wage Inflation Market Intelligence Report

Recruitment  •  25 May 2022
Ukraine Market Intel

Spiralling wage inflation has not been limited to certain markets and is a global issue. Figures show that of the 34 countries that measure wage inflation, there is an average annual growth rate of 5%. Although high, there is also a disparity between government figures and what is happening on the ground, for example, Resource Solutions’ wage inflation data is almost 5 times as high as the UK’s ONS figures. This report explains why that is, what has caused this spike in wage inflation and how to mitigate this going forward. 

 

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