Planning Global Compensation Budgets for 2019 November Update

How the world economy impacts 2019 salary increase budgeting

Global growth in real gross domestic product (GDP) is projected for 2018 and 2019 at 3.7%. This is 0.2% lower for both years than the IMF predicted in April.
The 2019 projections indicate salary increase budgets across the 72 countries have a median increase of 4.2%, with the middle 50% of all increases ranging from 2.9% to 6.6%.
High inflation economies continue to require close observation and, as needed, action to ensure compensation programs remain up-to-date.

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