Planning Global Compensation Budgets for 2023
SEPlanningGlobalCompensationBudgetsfor2023_COVER

Inside This White Paper

xXx Find out more about our salary information and cost-of-living data for thousands of job titles and locations around the world. xXx
Interrupted Economic Recovery

Despite a major slowdown of global economic growth, nominal wages are risings faster than in pre-pandemic times, especially for low-paying jobs. The International Monetary Fund (IMF) has released updated international statistics on unemployment, gross domestic product, and consumer prices for 2022
and 2023.

Key Assumptions

The continued high uncertainty in the World Economic Outlook (WEO) report is due to the continued effects of the pandemic that have been exacerbated by the war in Ukraine. Learn about the assumptions that were made to compile these data, and find out how SalaryExpert expects salary increase rates to change in the year ahead.

Conclusion

If the world were to slip into a global recession in the months ahead, our salary increase estimates may be optimistic. Find out how rising inflation, decreasing GDP growth, and other challenges in the economic climate are predicted to impact global compensation.

SEPlanningGlobalCompensationBudgetsfor2023_GRAPHIC

Compensation Data From SalaryExpert

We have salary information and cost of living data for thousands of job titles and locations around the world.
Screen Shot 2020-08-10 at 3.46.59 PM
Screen Shot 2020-08-10 at 3.46.51 PM
Screen Shot 2020-08-10 at 3.46.54 PM
Screen Shot 2020-08-10 at 3.46.56 PM

About SalaryExpert

SalaryExpert, powered by ERI, was launched in 2000 with a mission to provide employers, human resource professionals, and job seekers with compensation data. Backed by over 30 years of verified and reliable salary data, SalaryExpert draws on ERI’s expertise in salary and cost of living data to provide the public with excellent tools for evaluating career, relocation, compensation, and education decisions. We want to make your compensation planning and career evaluation easier with access to salary survey data for more than 8,500 locations, 1,100 industries, and 11,300 jobs including 800 executive positions.
Group 533@2x

Our Process

Data are gathered from 3 sources: surveys we conduct, surveys purchased from other organizations, and reports from publicly traded organizations.

SalaryExpert conducts advanced analytics to accurately capture the market value of each occupation in our salary survey database

Explore SalaryExpert’s wage, salary, and compensation databases of over 11,000 job titles, 1,100 industries, and 8,500 locations.

After compiling the data, we conduct QA to ensure data are of the highest quality.

SalaryExpert analysts double-check the results for each job every quarter.

Data Collection

Data are gathered from 3 sources: surveys we conduct, surveys purchased from other organizations, and reports from publicly traded organizations.

Data Verification

After compiling the data, we conduct QA to ensure data is vetted, verefied, and of the highest quality.

Analysis

SalaryExpert conducts advanced analytics to accurately capture the full scope of each occupation in our salary survey database.

Quality Assurance

SalaryExpert analysts double-check the results for each job every quarter. Our verified salary survey information helps set the benchmark pay.

SalaryExpert Results

Explore SalaryExpert’s wage, salary, and compensation databases of over 11,000 job titles, 1,100 industries, and 8,500 locations.