Giving a pay rise to your employees is one way to show not only your appreciation of their efforts and choice to remain with you and your company, but to further build the confidence and loyalty of your employees, and as Poslovni Dnevnik writes, despite spiralling inflation and the worries surrounding the energy crisis, only one in three Croatian employees can actually expect a raise by the end of this year.
Inflation is ongoing and as a result, the prices of just about everything imaginable have been running wild. It is making the cap between rich and poor even wider, and now more and more people are at risk of poverty than before. To add insult to injury, as analysed by the MojaPlaca (MyWages) service, Croatian wages have only grown by a very pitiful four percent when compared to last year.
Just over a quarter of Croatian employees (28 percent of them) received a raise earlier this year, while 23 percent of them received a raise for the last time back in 2021. It is worrying that a third of Croatian employees (30 percent of them) have never received a raise, despite the fact that many have been with their employers for a long time.
The amount of the average raise in the Republic of Croatia is 8 percent of a peron’s salary, or 645 kuna on average. 36 percent of respondents expect a raise by the end of the year, a quarter of respondents (25 percent) don’t yet know if they can expect a raise, while 34 percent don’t expect a salary increase of any level at all.
When asked by what criteria raises are received/distributed in the company where they work, the majority of Croatian employees (58 percent of them) stated that it isn’t remotely clearly defined when and to whom raises are given.
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