Executive salaries in 2022 are on the rise. The average reached +2.2%, according to the 20th Expectra barometer from the Randstad recruitment firm. But for white-collar workers in banking and insurance, the rise is even greater.
The Randstad Group has published its latest Expectra barometer of executive salaries. Verdict? Executive salaries have increased an average of 2.2% compared to 2021 (and 2.3% in 2020). An increase is considered timid in view of the inflationary context of recent months. But companies, faced with the double difficulty of recruiting new talent in a penurious market and retaining their existing workforce, are showing caution and are very attentive to a possible downturn in the economic situation, Randstad adds.
The banking and insurance sector ranks 4th
Among the big winners of wage increases are the banking and insurance sector in 2022 with a +2.6%. According to the group specializing in recruitment, the sector is particularly driven by real estate loans and the savings capacity of the French.
And among the various professions that make it up, that of insurance accountant sees his pay jump +5.8% and obtains the 4th place of the national top 10.
Are bank and insurance employees privileged? Not so sure, according to a recent survey of salaries in the banking sector carried out by the recruitment firm Hays, a personal client adviser can hope to receive between 26,000 and 28,000 euros annual gross, i.e. approximately 1,650 euros net per month (at the start of his career). On the other hand, the best off are the private bankers who receive at least 4600 euros after 5 years of career.
Salary: is your banker rich or poor?
Transport and construction on the first two steps of the podium
Beyond pay in banking and insurance, Randstad reports that the best-wage earners in 2022 were those in transport and logistics (+3.8%) and construction (+2.7%). For the first, the logistics functions monopolize the top 10 of the highest salary increases. The record this year, at the national level, is held by the planning technician (+6.8%)closely followed by the logistics manager (+5.9%) and the supplier (+5.7%), reports Randstad.
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For the second, the site manager benefits from a strong salary increase (+4.5%)just like the construction designer (+3.5%) and the building design technician (+3%).
In the end, the average annual salary of executives is established 48,930 euros in 2022. Over the last 5 years, the salaries of executives have increased overall by +12.1%, reports the study.