The crisis has resulted in very concrete ways for executives. The companies have tightened their wage policy. According to the annual survey conducted among APEC more than 12,000 executives, managers are pragmatic and wait. 48% of respondents ask for an increase this year against 56% early 2009. But they are only 30% said they will benefit from increased individual.
This figure confirms the trend of last year. In 2009, when the average salary of a part was 53,000 euros, 39% of those who remained in the same company has benefited from improving wages against 51% in 2008. "This decline affects both individual and collective increases, experts observe Apec. 8 out of 10 of those who have obtained an increase of wages have been increased individual and a little more than 4 in 10 of a collective increase.
The level of increases has also been lower since the "median of individual increases were 3% in 2009 against 4% in 2008." 8% of executives ensure that their pay fell last year against 6% in 2008.
Efforts poorly rewarded
This finding varies by company size and sectors. In firms and over 1,000 employees, less than one part in two has benefited from improved pay in 2009. The companies under 20 employees, it falls within a framework of three. The pharmacy has been the most generous with 56% of managers increased followed by energy and water (52%), banking (45%) and telecommunications (44%). Not surprisingly, automotive and mechanical engineering have increased their employees less.
Despite the drag on their earnings, executives keep morale high.Earlier this year, 58% declared themselves satisfied with their pay against 61% a year earlier. But they show a reasonable optimism. They worry about changing their purchasing power. 52% reckon it has deteriorated. They are only 14% feel that it has improved. "The concept of" purchasing power "refers primarily to that of" living standards ". The very negative perception they have of their purchasing power can also be interpreted as a sign of low confidence in the future ", the authors of the study.
As other surveys have already shown, executives suffer from not being recognized in their work. 45% of them say they "are poorly or very poorly paid compared to their responsibilities. And more than half consider themselves underpaid given their workload and their commitment to work.Under the framework is paid, the feeling of being badly paid for the efforts made is great. 75% of those who pay less than 35,000 euros claim this opinion. For their part, women are mostly critical. They are more numerous (65%) than men (55%) to try not to be paid at the height of their professional commitment.
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