Report by recruitment agency Adecco
According to recruitment agency Adecco, this region of Spain best working conditions The Balearic Islands.
The Balearic Islands was rated 7 out of 10 in the company’s Q4 2023 Opportunity Monitor. Catalonia had the second highest score with 6.6 points, followed by Madrid (6.4 points), Cantabria and Valencia with 6.2 points.
The report considers the following: five elements – Wages, job security, employment and professional development opportunities, balance between personal life and work, and labor disputes.
Adecco also highlights the following facts: purchasing power In the Balearic Islands, it increased more than any other region, by 3.1%, equivalent to 674 euros per year. This measure is obtained by taking the average salary increase and discounting inflation. The region closest to the Balearic Islands in this respect is the Canary Islands, which increased by 2.1% (399 euros). (That said, all increases in purchasing power are relative, and the cost of living must also be taken into account.)
The report shows a year-on-year increase of 7.7%. Increase in average salary In the Balearic Islands. Currently at 1,854 euros per month, this is a new “historical high”. In Spain as a whole, purchasing power decreased by 2.6% in 2023, with the greatest decreases occurring in the Basque Country (4.6%), Galicia (4.8%) and Asturias (5%).