Axazure increases the base salary of its entire workforce by 10%
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This week after the analysis of the end of Q1 2022 (first quarter), Axazure has made the decision to increase salaries effective July 1, 2022 throughout the company. Having far exceeded the forecast forecast for the first 3 months of 2022 in which they have been close to 2M turnover, Axazure’s management has decided to make a 10% increase to all members of the company except partners . This increase will take effect at the beginning of Q3 2022 (third quarter) in such a way that all the people who have been part of the company for 3 months can mitigate the effect of the high rate of inflation that our company is currently going through. country as soon as possible.
Although it is true that this increase will help reduce the loss of purchasing power for all employees, it is also true that this increase will be reflected, at least partially, in the hourly rates, which, although they will only assume a minor part of the cost, if they will undergo an upward revision that allows the company to continue maintaining the current high quality standards.
Axazure has made the decision to increase salaries effective July 1, 2022 throughout the company
The company’s management has stated that due to the amount of demand for professional profiles, this decision reinforces the importance of human capital for the company and is convinced that the client will continue to prioritize seeking a successful project executed by highly qualified and committed personnel. .
· “This decision will of course have a direct impact on our operating margin, but we have prioritized the well-being and respect of the current team that has decided to embark with us. If we have one of the best implantation teams in Spain, they have to feel protected and cared for by the company seeing a future and long-term project.” – transfers Antonio Gilabert, CEO of the company.
· “Recognizing the company’s results at all levels in the team is important in view of the values of transparency that we preach internally and externally. To have a team aligned with these values, we must also take actions that show that these are what drive us as an organization to be better every day.” – states Demian Raschkovan, CTO at Axazure.
· “In my experience in hyperinflated markets such as those of some Latin American countries, qualified professionals have no choice but to change companies from time to time in order to maintain purchasing power, or in other cases invest a lot of time and effort in bi-annual negotiations with the direction that in the best of cases only manage to reduce the gap between inflation and wages. In Spain, fortunately, we have not reached these levels, but we know that we must create a work environment in which professionals can focus on their projects and their professional careers without concerns as important as the loss of purchasing power and, of course, without putting in the situation of having to choose a change of company merely for this reason” – comments Hugo de Jesús, COO of Axazure
Axazure trusts that this situation will be temporary and the inflation rate will stabilize, but in any case the management will remain vigilant to take the necessary measures to adapt to a world as complex and changing as the one we are experiencing in recent years.
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