Purchase the Global Results of the 2021 Salary Increase and Turnover Study - Second Edition

Set Your 2022 Pay Strategy with Fresh Salary Budget Data

As hiring rates rebound and turnover rates climb, the competition for talent is as fierce as ever. Amidst this backdrop, it’s more important than ever to use a data-driven approach to plan for your 2022 salary budget needs and set your pay strategy with confidence so you can engage and retain your key talent in the critical months ahead.

To help address this need, we're excited to present the release of our 2021 Salary Increase and Turnover Study - Second Edition results, featuring input from 4,000-plus participating companies on pay trends across 200-plus countries. In this report, you will find critical insights on 2022 budget plans and the current hiring environment, as well as pay practices and performance management data.

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What is covered in the second edition of the 2021 report?

This edition provides actual 2021 salary increase budgets and turnover trends as well as projected budgets for 2022. The full table of contents includes:

• Budget and actual increases by country and industry (delivered in Excel)
  • Merit
  • General increases
  • Special adjustments
  • Promotional
  • Mandatory
• Turnover for total population including sales (delivered in Excel)
  • Overall
  • Voluntary
• Pay practices (delivered in PDF)
  • Workforce planning
  • Talent identification (e.g., high potentials, critical talent/key positions and top performers)
  • Performance management
  • Pay increase philosophy and approach
  • Salary increase freeze
  • Promotions
  • Special adjustments
  • General increases - cost of living
  • Structure movement
  • Regrettable turnover

Images shown are for illustrative purposes only and may not reflect actual data.

What countries do we feature in the report?

The second edition of the 2021 Salary Increase and Turnover Study spans more than 200 countries. Explore this interactive world map, which offers a rough sampling of salary increases around the globe.
 

Who participated in the study?

More than 4,000 companies in tens of industries participated in the second edition of our 2021 study, including: