Getting a Salary Increase: A Normal Step or a Luxury?
Receiving a salary increase is not a luxury or a stroke of luck; in most companies, it's a normal and expected step that occurs every 12 to 24 months on average. However, this progression is often called into question when inflation is high. Rising prices can quickly absorb the gains, especially in countries like Tunisia, where the cost of living increases faster than the average income.
The Reality in Tunisia
According to World Salaries, here's what it looks like in Tunisia:
- Average net salary: approximately $360/month (around 1200 TND)
- Increase rate: +8% every 19 months, or ~5%/year
- Sectors with the highest growth:
- Energy: +8%
- Healthcare: +7%
- Construction: +6%
- Banking: +4%
- Tech/IT: +3%
Disparities Based on Experience
- Entry-level: +3% to 5%
- Mid-career: +6% to 9%
- Senior management: +10% to 15%
- Executive level: +15% to 20%
To Preserve Purchasing Power
To maintain their purchasing power, many individuals rely on changing jobs or negotiating for a real salary increase.
Global Perspective
According to various studies (Vencon Research, WorldatWork, Mercer), the global average salary increase for 2025 is expected to be around 3 to 4.5%, compared to an estimated global inflation rate of 2.6%.
Developed Countries
- United States: +3.8%
- Europe: +3.5% to 4%
- Canada: ~4%
Emerging Markets
- Middle East & Africa: +5% to 6%
- Latin America: +5% to 6%
- India & South Asia: record high with +9% to 10%
