Korn Ferry's annual Global Salary Forecast for 2020 shows that slowing inflation makes for higher real-wage increases across most parts of the world.
Every year we release salary predictions for the following year based on data collected from 20+ million employees in 25,000 organisations across 130+ countries.
Our 2020 salary forecast data shows that, while real-wage growth is predicted to be higher than 2019, lower rates of inflation for 2020 may foreshadow expectations of a stalling economy in several key countries.
For organisations this raises several challenges around maximising impact of limited reward budgets in order to motivate and retain top employees, while also getting the best possible ROI on reward spend.
In this webinar our reward experts will examine the results of the forecast, discuss why we're seeing these predictions, and what this means from a business perspective going forward.
Watch to learn more about:
- The latest salary predictions for 2020.
- Economic trends and their implications for business.
- Allocating reward spend to attract and retain top talent.
- Considerations around employee motivation when salary increases are tight.
Don Lowman is Korn Ferry’s Global Leader in Rewards and Benefits. He has worked with organisations across the world to design compensation systems linked to initiatives for improving performance, retaining key executives, and enhancing shareholder value creation.
Harish leads Korn Ferry’s Digital business for the Middle East and Africa regions with a responsibility to address key business challenges of over 2500 organisations across 27+ countries and advising management teams on improving organisation performance through their people.
Trevor leads Korn Ferry’s Rewards and Benefits practice in Asia-Pacific. He advises boards and executives across a wide range of sectors and industries, covering a range of reward, performance. His recently work includes advising on executive remuneration structures, sales reward and executive and board remuneration reviews in ASX listed companies.