Korn Ferry 2019 Salary Forecast Shows Smaller Real-Wage Increases Across Most Parts of the World
Korn Ferry (KFY)
Last korn ferry earnings: 3/10 04:05 pm
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Source: Business Wire
- Adjusted for Inflation, Real Wages Up Only an Average of 1 Percent – LOS ANGELES--(BUSINESS WIRE)-- A forecast issued today by Korn Ferry (NYSE: KFY) reveals that, adjusted for inflation, real-wage salaries globally are expected to grow only an average of 1.0 percent in 2019. This is down from a 1.5 percent prediction for 2018. “With inflation rising in most parts of the world, we’re seeing a cut in real-wage increases across the globe,” said Bob Wesselkamper, Korn Ferry Global Head of Rewards and Benefits Solutions. “The percentage of salary increase or decrease will vary by role, industry, country and region, but one thing is clear, on average, employees are not seeing the same real pay growth they did even one year ago.” Highest real wage growth in Asia In Asia, salaries are forecast to increase by 5.6 percent, up from 5.4 percent last year. Inflation-adjusted real wage incre
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