Paris - (AFP) - From the United States to China via Germany, the average wage increase is expected to exceed 4 percent in 2023 in seven major economies in the world, according to a study published Tuesday by Willis Towers Watson, a financial advisory firm.

The rate of revaluation companies intend to make for next year ranges from 4 percent in France to 6.6 percent in Brazil, according to the British-American insurance and advisory firm.

It is expected to be 4.6 percent in the United States and 5.67 percent in China, according to the company, which conducted a survey in 135 countries, but cited only responses collected in seven major economies of the world.

In six of the seven countries concerned (Germany, Canada, China, France, the United Kingdom and the United States), the rate of increase planned for 2023 is greater than that recorded in 2022. Only Brazil is an exception, with average increases expected to reach 7 percent in 2022 and 6 6 percent next year.

Among the reasons companies give more generous raises are inflation and tensions in the labor market.

In each of the seven countries, it acknowledges that it is facing increasing difficulty in recruiting and retaining its employees in 2022 compared to the previous year.

Estimates for 2023 vary, as Canadian and US companies expect employment tensions to ease, while Chinese companies believe it will continue. Germany, France, Brazil and the United Kingdom fear that they will face greater difficulty in recruiting and retaining employees in 2023.

Companies, especially in the information technology and digital professions sector, are facing more difficulty in hiring, as the demand for engineers increases.

"The overall economic outlook for 2023 is pessimistic, with recessions expected in many economies," said Khalil Ait Mouloud, who heads the wage study at Willis Towers Watson.

The study was conducted online from October 3 to November 4, 2022, and included 25,000 companies in 135 countries, including Germany (802), Brazil (500), Canada (882), China (888), the United States (1,550) and France. (800) and the United Kingdom (1109).