In times of crisis, superiors tend to be reticent when it comes to salaries.
Dusseldorf More salary because of inflation, the thought is obvious. Because if you don’t regularly negotiate more for yourself, you can de facto afford less from your salary today than you could a year or two ago. At the same time, employers are also paying attention to their costs in the current situation. According to a survey by the Willis Towers Watson (WTW) consultancy, companies have “only” increased salaries by an average of 3.5 percent for 2022 – and thus below the current inflation level of 7.5 percent.
Nevertheless, salaries are still a matter of negotiation, says Martina Ernst. She knows how employees get more money even in times of high inflation. The career consultant is the former Head of Human Resources at Erste Bank Austria and founded Salarynegotiations. The company specializes in salary negotiations.
What you should consider when negotiating salary in times of high inflation:
1. Know your target salary
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