How will your salary increase beat inflation in 2027
The retirement of Boomers, the rise in the minimum wage, and collective bargaining will boost salaries in 2027. Companies estimate a 3% increase to retain talent in a fragmented market.
A survey by WTW, a consulting firm, predicts a 2.8% salary increase in 2027, in line with other Western European markets. The survey, which gathered data from 34,024 organizations in 156 countries, including 729 in Spain, found that companies are opting for selective and sustainable salary adjustments to remain competitive. In Spain, the median expected salary increase is 3%, with 75% of companies forecasting an increase of around 3.3%.
If these estimates are met, workers who have not had a raise in recent years may recover some of their purchasing power, especially if inflation remains at 2%.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
